The positive impact of controls
The journey of controls hasn’t ended, it continues creating a positive impact. The successful pilot projects have made the consumer goods organisation feel confident about the programme and reaffirmed senior management’s commitment toward it.
“Achieving these success factors is great for our business,” the risk and controls director said. “And importantly, the improvements will make a fundamental difference to the people operating the controls and implementing the frameworks. Our goal is to make their lives easier with simpler, effective processes and seamless integrations.”
With that said, the risk and controls director urges companies to think beyond the technical aspects of controls and take a broader view by considering the people who ultimately get affected by implementing controls. He further says, “by leaving lines of communications open between risk leaders and those operating the controls, we can solve their problems, achieve business objectives, and build a strong, supportive culture all at once.”
This publication has been written in general terms and we recommend that you obtain professional advice before acting or refraining from action on any of the contents of this publication. Deloitte LLP accepts no liability for any loss occasioned to any person acting or refraining from action as a result of any material in this publication. Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom. Deloitte LLP is the United Kingdom affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.
© 2023 Deloitte LLP. All rights reserved