Amazing Technology and the Impact on Risks and Controls

Norman Marks, CRMA, CPA, is a vice president for SAP and has been a chief audit executive and chief risk officer at major global corporations for more than 20 years.

 

A couple of months ago, I wrote a couple of pieces about mobile technology:

 

 

But, technology is moving so fast I have more items to share. The first is simply amazing, while the second and third are videos that show what you can accomplish on your mobile device (phone or tablet).

 

 

 

Questions:

 

  1. Is your organization taking advantage of the new technology to improve its products and services, the efficiency of business processes, and the quality of risk and performance information that drives business decisions?
  2. Are your risk management and internal audit proactively engaged as advisors, not just to warn of the risks involved but to help pilot management past the hazards and risks to the magnificent shores of reward?

  3. Do your risk management and internal audit teams understand how business processes and controls will change, and are they ready to change their traditional approaches? Are they among the leaders in embracing technology to improve their operations, or are they on the sidelines watching?

 

Posted on Jan 22, 2012 by Norman Marks

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