Operational Risk and Transformation
Operational Risk
Organisations change constantly; they need to adapt to the quickly changing business and regulatory landscape and sometimes even need to transform their business model completely. All of these changes affect operating models, processes, technologies, data models and also your employees. Deloitte offers end-to-end solutions for each part of these management control systems and their transformations to become more effective and rationalized.
Your challenge
In our VUCA—volatile, uncertain, complex and ambiguous—world, your organisation needs to adapt itself constantly. Mergers, acquisitions, business expansion, globalisation, new products and changing regulations immediately affect your operating models, processes, technologies, and data models.
Your challenge is to stay in control, to demonstrate that you are compliant and to show that systems are performing as intended, while staying agile enough to react adequately to events in the external environment. Not only because stakeholders ask you to, but also because being in control makes it easier to adapt quickly. And that helps you to profit from business opportunities that new developments bring, instead of letting them affect your organisation negatively. Our complex world asks us to embrace risks, and to be vulnerable. We need more trust and less controls.
In order to achieve the right balance between trust and controls you need to empower your people and build on trust.This will make you more resilient and able to grow with confidence.
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Our thinking
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