a view from the audit trail
Permacrisis is rendering traditional risk management obsolete
Richard Chambers discusses the shift from traditional, static risk assessments to a more dynamic approach, emphasizing the need for continuous risk sensing in today's volatile environment. He highlights the necessity of adapting audit processes to align with current risks rather than focusing solely on historical data. By leveraging market signals, regulatory trends, and economic indicators, organizations can better navigate the complexities of a permacrisis. Embracing this change will enable smarter, more flexible audit practices that prepare businesses for future challenges.
