Richard Chambers on Risk Management in a Changing World
Welcome to a special edition of Agents of Change, featuring renowned author and speaker, Richard Chambers.
In this captivating episode, Richard steps into the guest seat to share his invaluable career advice, emphasizing the importance of crafting your own career path and living life in vibrant color.
Throughout the discussion, Richard reflects on his successful career journey, encouraging listeners to embrace change and become active change agents in an ever-evolving world.
With his unique position as an advisor in risk and audit, Richard delves into the challenges and opportunities presented by the AI revolution, highlighting the urgent need for adaptation and innovation in the profession.
Moreover, Richard introduces his latest book, 'Connected Risk: Conquering the Perilous Risk Exposure Gap,' which advocates for collaboration and synergy among risk management professionals to effectively navigate modern-day uncertainties.
Tune in to gain valuable insights and be inspired by Richard's wisdom on achieving lasting success in an unpredictable world.
--------
11:32
The Upside of Risk with Chris Chung
Join Richard Chambers, Senior Advisor of Risk and Audit at AuditBoard, as he delves into the evolving role of internal auditors with Chris Chung, Chief Audit Executive of The Doctors' Company. In this episode of Agents of Change, they explore how internal auditors can become catalysts for transformational ideas, driving value and innovation within organizations.
Chris shares insights on the crucial interaction between audit, advisory, and enterprise risk, highlighting the strategic impact of these functions. He discusses the emerging challenges and opportunities presented by AI and emphasizes the importance of innovation and business acumen in the auditing profession.
Tune in to understand how internal audit can better navigate the uncertainties and disruptions characterizing today's business environment, while forging stronger partnerships and becoming trusted advisors within their organizations.
--------
13:49
Cynthia Cooper's Insights on Corporate Ethics
Join Richard Chambers, Senior Internal Audit Advisor for AuditBoard, as he welcomes back Cynthia Cooper, an internationally recognized speaker, consultant, and best-selling author. Cynthia, the CEO of Cooper Group, LLC, shares her journey from uncovering the WorldCom scandal to advocating for ethical decision-making in the corporate sector.
In this episode, Cynthia discusses her collaboration with Erica Chung, the whistleblower from Theranos, and their joint efforts to support other whistleblowers. They provide guidance, resources, and shared experiences to help others navigate the challenging path of speaking truth to power.
The conversation delves into the similarities and differences between the WorldCom and Theranos scandals, highlighting the cultural issues and ethical lapses that led to these corporate failures. Cynthia and Richard also explore the critical role of corporate culture and offer practical advice for Chief Audit Executives (CAEs) on assessing and auditing organizational culture.
Tune in for an engaging discussion on the importance of integrity, the challenges faced by whistleblowers, and the steps organizations can take to foster a culture of ethical behavior.
--------
14:00
Cynthia Cooper on the Power of Choice
Join Richard Chambers, Senior Internal Audit Advisor for AuditBoard, in this compelling episode of "Agents of Change," as he sits down with Cynthia Cooper, the renowned whistleblower behind the WorldCom scandal. Cynthia, a best-selling author and CEO of Cooper Group, LLC, reflects on her experiences and the lessons corporate America can learn from one of the largest corporate frauds in history.
In this insightful discussion, Cynthia shares her perspectives on the importance of integrity, courage, and a strong ethical culture within organizations. She also delves into the human aspects of fraud, greed, fear, and misguided loyalty, and emphasizes the power of choice and the significance of speaking up early.
Richard and Cynthia explore the vital traits of internal auditors, the challenges of leadership under pressure, and the personal growth that comes from navigating adversity. This episode is a must-listen for anyone interested in corporate ethics, internal audit, and the transformative power of courageous leadership.
--------
18:13
Dealing with Uncertainty in Internal Audit with Leandro Pontes
Hello, I'm Richard Chambers, Senior Advisor, Risk and Audit at AuditBoard, and welcome to another episode of Agents of Change. Today, I am joined by Leandro Pontes, a multi-certified seasoned professional with over 13 years of experience in internal audit. He currently leads the global internal audit function at Tide, a UK-based fintech company. Welcome to the show, Leandro.
In this episode, we delve into the evolving role of internal auditors as catalysts for organizational transformation. Leandro shares his insights on how internal audit can add value beyond traditional roles, especially in a volatile and dynamic world. We discuss the importance of being objective-centric and how internal audit can fit into the broader strategic goals of a company.
We also explore how the internal audit function can navigate through the current era of 'perma-crisis,' characterized by continuous disruption since COVID-19. Leandro emphasizes the need for internal audit to be part of strategic conversations and to collaborate closely with the board and executive management.
Another critical topic we cover is the challenge of recruiting and retaining talent in the internal audit profession. Leandro offers valuable strategies for hiring the right candidates and fostering a dynamic, entrepreneurial mindset within his team.
Finally, we touch on the essential attributes needed to be an effective agent of change in internal audit, including strong business acumen, relationship-building skills, strategic vision, and innovation. Leandro provides his perspective on leveraging new technologies to solve problems and drive innovation within the organization.
Join us for an insightful conversation that sheds light on the future of internal audit and its pivotal role in helping organizations navigate uncertainty and achieve their objectives.
Richard Chambers -- renowned author, speaker, and the former CEO of the IIA -- sits down with influential leaders from the internal audit & risk professions to discuss what it means to be a change-agent in their respective fields.
Richard is currently serving as the Senior Advisor of Risk and Audit to AuditBoard. To learn more about AuditBoard and its services, visit auditboard.com.
Ireland