LRQA, a leading global provider of digitally enabled assurance services, has published a new reporting examining the changing shape of risk management. The report, ‘Risk Through a New Lens’, is intended to help businesses manage inevitable, rapid change in the future, ensuring that opportunities for innovation in risk management are not missed.
The report argues that the context for risk is changing. As digital technologies and new methods of audit and inspection emerge, businesses have an opportunity to embrace a more proactive approach to risk mitigation and assurance and become more agile and resilient as a result.
Drawing on expertise from across LRQA’s assurance, inspection, certification and cybersecurity teams, the report examines key themes for the future, how businesses can evolve risk management practices and how a more partnership-led and digitally enabled approach can create opportunities for innovation and growth.
Across three chapters, the report covers:
- How digital and remote inspection practices are enabling greater business agility
- The role of data in building smarter assurance and inspection strategies – and the implications for cybersecurity
- How verification and certification are becoming fundamental to the credibility of ESG activities and reporting
Paul Butcher, LRQA CEO, said:
“The right approach to risk can future-proof a business and create a strong position from which to develop new partnerships, pioneer techniques and technologies, and stay ahead of regulations.
“Put simply, assurance and innovation need to work hand-in-hand to create a framework through which risk can be managed and new opportunities created.”
LRQA is a leading global assurance provider, bringing together decades of expertise in brand assurance, certification, cybersecurity, inspection and training, to help its clients negotiate a rapidly changing risk landscape.
Operating in more than 160 countries and recognised by over 30 accreditation bodies worldwide, LRQA covers almost every sector, and prides itself on the highest standards of quality and innovation as it helps clients to manage risk across the entire supply chain, drive operational improvements and build credibility with stakeholders.
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