In the dynamic landscape of today’s digital age, organizations confront a myriad of challenges. From interconnected supply chains, to globalization, technological advancements, and the emergence of risks such as cyber threats, ESG mandates, geopolitical instability, and global pandemics, the landscape is evolving at an unprecedented pace.
Organizations must navigate these challenges while also managing their own internal complexities with diverse business lines, large administrative bureaucracies, complex and fragile IT infrastructure, massive data environments, extensive vendor relationship, and evolving customer needs.
Want to drive your transformation through process? You'll need to establish a process capability to be the engine that drives this approach.
To thrive in this environment, organizations require a formalized approach to risk management so that they can proactively identify, assess, and mitigate potential risks. Their risk management approach must ensure resilience, regulatory compliance, and strategic decision-making in an increasingly complex and interconnected landscape.
Many organizations, especially in highly regulated industries, struggle as the ability to maintain high quality risk data and their struggles maintaining clarity in the risk programs roles and responsibilities results in unacceptable risk for their customers, their business, and the markets that they serve.
Process is the key to tackling these challenges by providing consistent business context, or “what” the business does, to provide alignment across all risk types, all stakeholders, and to maintain high quality data.
Topics Covered
Earn 1 PDU/CDU credit when you attend live on Zoom!
Michael Schank, Founder and Managing Director, Process Inventory Advisors
Michael is a distinguished thought leader and executive, specializing in addressing Digital Transformation and Operational Excellence challenges through his innovative, process-based framework. With over 25 years of experience in the Financial Services industry, he has primarily served as a management consultant, empowering clients with forward-thinking solutions in technology, process, and risk and spearheading large-scale business and digital transformations. Michael brings a powerful combination of superior sales and delivery skills, having personally sold and delivered over $100M in transformation services. He is the author of the book, ‘Digital Transformation Success,’ in which he introduces his groundbreaking Process Inventory framework. This promises to be a transformative approach to achieving success in the digital era, unlocking unprecedented levels of operational efficiency and strategic alignment. The book is available on Amazon.
Your details have been submitted and we will be in touch.