Author Archives for Jim DeLoach

The Board’s Role in Addressing Geopolitical and Regulatory Shifts  

Published by

Assumptions about the geopolitical and regulatory environments are critical inputs into strategy-setting. If one or more assumptions prove invalid, the strategy and business model may require adjustment, and whether the organization is proactive or reactive is often a function of the effectiveness of its monitoring process. Protiviti recently met with 22 active directors during a dinner roundtable. The discussion revealed directors’ oversight concerns amid escalating geopolitical tensions and significant regulatory shifts. Key Considerations The jury is still out regarding what the Trump administration and Congress can accomplish on major policy fronts. What has become evident is that there are many... Read More


Does Your Enterprise Risk Management Make a Difference?

Published by

Now that the Committee of Sponsoring Organizations of the Treadway Commission (COSO) has released its updated framework on enterprise risk management (ERM), it’s time for companies to take a fresh look at their risk management practices. While the concepts in the update aren’t new, the emphasis is markedly different, with a focus on what’s really important in maximizing the value of ERM. In recent years, ERM implementations have generally focused on three questions: Do we know what our key risks are? Do we know how they’re being managed? How do we know? In responding to these three questions, executive management... Read More


Preparing an Organization for an Economic Downturn

Published by

There is no better time to prepare for an economic downturn than when times are good. With the memory of the severity of the 2007–2008 financial crisis still fresh in the minds of many directors and executives, how should companies prepare for a downturn in the cool of the day, rather than reacting in crisis mode? Most business plans do not currently anticipate economic downturns; however, a contingency plan makes good business sense because it positions companies to act decisively when recessionary storm clouds loom on the horizon. Organizations develop contingency plans to address market opportunities should they arise and... Read More