Control has never been higher on the corporate agenda. In order to protect and grow shareholder value, companies must focus on strategically controlling the drivers of value in their business. These include customers, people, drivers of growth and operations.
Companies must also be mindful of the various ‘control stealers’; malevolent influences which leach control from the management team such as fraudsters but also sometimes the benevolent influences such as regulation. These risks should be managed by systematically identifying, assessing and responding appropriately to them.
How PwC Can Help You
PwC can help you sustain momentum by identifying lasting compliance and process improvements, including better use of technology. We work with your people, systems and processes to build a better culture of control in your organisation so that you can trust the information you need to improve your business. We do this is by:
- assessing the risks and how you control them and working with your people so that they generate and own the outcomes and learn to develop the solutions that reduce risk
- "kicking the tyres” on all of your controls and the impact of change on them so that you can be assured that you have controls that will continue to work for your business
- understanding your business, systems and processes and the culture in which they operate so that we can help you to create practical and commercial solutions to controlling risk.
The purpose of having effective controls is to prevent future losses, increase the engagement of your people and lower your costs by improving your control of risk and the culture of those responsible for them.
