This Week in Consulting

Wednesday, July 17th , 2019

Managing Risk in an Agile Organization


“As organizations move to agile delivery, control functions, including risk, compliance and business control teams, will need to rethink their interaction models for executing credible challenge and advising the business in near real-time methods.”

In this paper, Protiviti shares its Agile Risk Management philosophy. Risk management has to be designed appropriately to keep pace with agile organizations. They define practices for next-generation risk management that are more agile and better aligned, allow for operational excellence, and are focused on customer satisfaction.

This Week’s Must Read is an insight piece from Protiviti on the foundations of agile risk management.

Read on to Find out More: “Managing Risk in an Agile Organization

Receive "This Week in
Consulting" in your

Please complete this form to create an account, receive email updates and much more.
*Required Fields
Note: It is our responsibility to protect your privacy and we guarantee that your email address will be completely confidential.


Dr Salim Al-Harthi and Dr David Hillson explain the purpose of the “100 Risk Questions” video project, and outline the structure of the video series.


  • What is enterprise risk management? How to put cybersecurity threats into a business context– “Security is growing in significance to effective enterprise operational risk management Tight alignment with both the ERM and crisis management programs is essential.” Many companies still have a traditional approach to enterprise risk by assessing financial, regulatory and operational risks. But cyber risks are an increasing part of the equation. Are ERM program mature enough to assess these new risks?  | Maria Korolov
  • The future of risk management: “Firms should focus as much on risk response as on risk mitigation,” advises John Drzik, president of global risk and digital at Marsh, one of the report sponsors.” From cyber attacks to physical risks, are all low-probability/high-consequence events truly beyond our ability to identify and manage? | Helen Yates
  • Confronting the risks of artificial intelligence: “With great power comes great responsibility. Organizations can mitigate the risks of applying artificial intelligence and advanced analytics by embracing three principles.” We have all acknowledge the potential of artificial intelligence. But are we prepared to manage the risks that will arise from a broader application of AI in our organizations?   | Benjamin Cheatham, Kia Javanmardian, and Hamid Samandari, McKinsey
  • 2019 The state of Risk Oversight: “An increasing number of organizations have embraced the concept of enterprise risk management (ERM), which is designed to provide an organization’s board and senior leaders a top-down, strategic perspective of risks on the horizon so that those risks can be managed proactively to increase the likelihood the organization will achieve its core objectives.” The portfolio of potential risks is increasingly complex. How do leaders identify, assess, and manage these risks? The article presents an overview of enterprise management practices.  | Mark Beasley, Bruce Branson and Bonnie Hancock, North Carolina State University
  • The Global Risks Report 2019: “Profound political, economic, societal, technological and environmental transformations are occurring at an unprecedented scale and pace and have become a part of day-to-day business life.” Is your company responding effectively to the risks it is facing? The 14th edition of the Global Risks Report, prepared by the World Economic Forum, is compulsory reading if you are interested in risk management. | John Drzik, Marsh & McLennan



The Consulting Quest Global Directory is the largest professionally-managed directory in the consulting industry. Searchable by consultancy , name or by region, capability or industry it lists and describes more than 6000 consultancies worldwide with links to their websites and social media channels.



Interested in submitting?

If you are interested in submitting an article, an event or an ad, contact us!


The Specialization Dilemma, Degrees of Specialization, and Differentiation – How to Select the Best Consultant?

If you are trying to get the best and most accurate snapshot of the various degrees of specialization in Consulting ...
Read More

Challenges of Open Innovation and How Consulting Can be a Catalyst for Open Innovation

"For good ideas and true innovation, you need human interaction, conflict, argument, debate." - Margaret Heffernan Open innovation is the use ...
Read More

8 Biggest Reasons Why Organizations Need a Consulting Firm and How Consultants Cater to Clients’ Needs

Businesses today are facing a growing number of challenges. And as an executive, you are often under pressure to find ...
Read More

About Consulting Quest

Consulting Quest is a global, performance-driven consulting platform founded in 2014 by former members of top 10 consulting firms with the objective of reinventing consultancy performance. With a worldwide presence and a range of proprietary performance measurement tools, we help companies navigate the consulting maze. We work with Consulting Clients to increase their performance through consulting and Consulting Providers to help them acquire new clients and to improve their performance.

[et_social_follow icon_style=”slide” icon_shape=”circle” icons_location=”top” col_number=”auto” total=”true” outer_color=”dark”]

CEO and Co-Founder at | Author\'s website

Hélène Laffitte is the CEO of Consulting Quest, a Global Performance-Driven Consulting Platform and author of “Smart Consulting Sourcing”, a step by step guide to getting the best ROI from your consulting. With a blend of experience in Procurement and Consulting, Hélène is passionate about helping Companies create more value through Consulting.