The Future of Controls Benchmarking Survey

In business, nothing happens without risk. The challenge is that the risk landscape is constantly changing. Organisations are often in a state of flux, regulations and standards continue to evolve, and new forms of external risks are forever emerging in a seemingly unending game of “cat and mouse.” To stay ahead, organisations are increasingly investigating predictive risk sensing – but many are still in their infancy of exploring this and not able to keep up with the pace of change. To drive stability and success amidst dynamic and often unpredictable business conditions, controls therefore play a critical role. Now more than ever, it is imperative for organisations to become “Control Intelligent".

To drive stability and success amid dynamic and often unpredictable business conditions, controls therefore play a critical role. In fact, controls have always played a significant role in managing risks; they are the repeatable processes by which organisations “get things done” while protecting their assets, operations, reputation, and resources from vulnerabilities. Thus, now more than ever, it is imperative for organisations to become “Control Intelligent”: creating and maintaining a control environment that provides continuous, flexible, and comprehensive risk management to future-proof the organisation. It’s especially critical that controls allow organisations to operate effectively, efficiently, and with great agility in response to changing circumstances.

Leading Control Intelligent organisations are paving the way and providing a guide, as shown in Deloitte’s latest Future of Controls benchmarking survey. This report contains data and insights from more than 500 global organisations across industry sectors: highlighting the behaviours, best practices, and technology ecosystems that Control Intelligent organisations share. Highly Control Intelligent organisations succeed at applying internal controls to bolster resilience, stay future-ready, and ultimately flourish even amidst volatility and uncertainty.