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Blog library
A collection of Protiviti blogs.
Blogs
June 19, 2024
Leveraging AI in finance – Move from theory to practice
Finance leaders are actively prioritising practical AI use cases that deliver near- and long-term value. And the reason is simple: the benefits of deploying AI to strengthen specific activities are proving to be well worth the investment.
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Australian Sustainability Reporting Is Coming: What Companies Need to Know
November 27, 2023
Australia is moving toward mandatory and standardised climate reporting. At a national level, the Australian Treasury released two consultation papers, and in October, the Australian Accounting Standards Board (AASB) released an exposure draft for Australian Sustainability Reporting Standards (ASRS) which align closely with the ISSB’s IFRS S1 and IFRS S2 standards.
Thinking beyond the 7Rs of cloud migration
November 22, 2023
In a recent blog, we introduced the drivers for cloud migration, the strategies and the most common types of cloud migrations available to organisations. Today, we take a closer look at what drives a successful cloud migration and think beyond the 7Rs of migration to embrace a transformative approach to modern cloud migrations.
Tackling gender bias: Women in cybersecurity
November 3, 2023
Cybersecurity is distinguished not only by a talent shortage but also by having a predominantly male workforce. Women are in the minority on most cybersecurity teams that have women at all, so when they experience gender bias, they’re likely to be isolated.
Navigating the future of finance: how to excel in talent management
November 3, 2023
Protiviti invited Robert Half Executive Director Clive Davis to share expert insights on talent management strategy as part of a 30-minute lunchtime series, Navigating the Future of Finance.
The future of money through the lens of compliance
October 27, 2023
The future of banking — and banking regulation — is digital and AI-driven.Risks will increase, especially around crypto, fraud and bias in machine-made decisions.Upskilling of compliance officers and risk professionals is needed to function in this evolving environment and manage new risks.
Conducting workforce reductions with compassion
October 20, 2023
Dramatic reductions in force are happening across industries as economic uncertainty leads companies to reevaluate labor expenditures.Why it matters: RIFs are costly to carry out and they damage morale. Handling RIFs with compassion is the right thing to do.RIF alternatives – furloughs, job sharing and compensation changes – can save money, enable swifter recoveries and reduce hits to morale.Organisations should…
Prevent change saturation by establishing air traffic control for change management
October 20, 2023
Managing organisational change can be a difficult process regardless of the economic climate. Having multiple initiatives that require participation of several of the same employees is a breeding ground for burnout and employee attrition.Projects often ground to a halt.The best approach: By establishing a center of excellence to manage change — similar to an air traffic control tower — organisations can identify…
Still not operating in the cloud? Things to know for a seamless cloud migration
October 20, 2023
Over the last number of years, we have seen organisations shift to cloud computing, in its various forms. Successful adoption and consumption of cloud services have seen organisations benefit from improved cost-effectiveness, security, agility, resiliency and performance. However, with such a significant shift to new technologies, we have seen differing experiences in the benefits realisation of the shift to cloud…
From HR to strategic talent advisors: Redesigning workforce planning for success
October 20, 2023
An organisation’s ability to perform, adapt and thrive requires new talent strategies. CHROs and their teams should deploy HR variants of the data-driven, forward-looking FP&A approaches that finance groups employ.A key point: This may require fundamental redesigns of job roles and organisational structure.Yes, but: Organisations cannot solve today’s talent shortage problems with yesterday’s thinking of “Just…
Australia’s Privacy Act is fundamentally changing: What this means for your organisation
October 5, 2023
On the 28th of September, the Australian Government released its long-awaited response to the Attorney General’s Privacy Act Review Report. The Government response outlines its stance across the 116 proposals put forward by the Attorney General. In May, we originally published our article analysing the proposed changes that we believe will be most impactful for our clients, we have updated the article to reflect the…
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