Innovation Indeed

1,061 views

Published on

Its about risk consulting in right spirit

Published in: Technology, Business
0 Comments
2 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
1,061
On SlideShare
0
From Embeds
0
Number of Embeds
58
Actions
Shares
0
Downloads
0
Comments
0
Likes
2
Embeds 0
No embeds

No notes for slide

Innovation Indeed

  1. 1. Innovation ▲ Indeed
  2. 2. We have professed that … We can reduce monitoring cost by 500 %
  3. 3. Simply controls are not efficient. 80 % of monitoring efforts are to check effectiveness of controls and only 20% for efficiency.
  4. 4. Simply controls are misfit. There exist possibility of increasing favorable cost benefit of existing controls.
  5. 5. Simply they can be easily overridden. Keeping audit trails and segregation of duties are old methods. We need innovative controls.
  6. 6. We have professed that … Audit Committee responsiveness will increase by 200 %
  7. 7. Simply there are no shortcuts to perform efficient & effective overview function. Its not about pooping on people
  8. 8. Its not about taking controls in your hand.
  9. 9. Efficient & effective overview function requires a closer look.
  10. 10. We have professed that … Tacit value will be discovered by 100 %
  11. 11. Simply need is to explore for hidden value. But one has to look for it… this has not yet been given 100% in right spirit
  12. 12. Finding tacit value is not about cruel cost reduction and fault finding of auditees.
  13. 13. Its about focus.
  14. 14. So simply …..
  15. 15. Its about learning Its about Risk Management.
  16. 16. its time to change your current monitoring efforts or rather your current monitoring dash board.
  17. 17. Correct reflection and self introspection is all about risk management.
  18. 18. You are innovative…. So if you are looking for innovation in your risk management efforts It is a good time to… simply ask us……. how?
  19. 19. Innovation Indeed. Email: proteus@proteusadvisors.com Website: www.proteusadvisors.com

×