This consulting module enables a precise analysis of the entrepreneurial network into which the respective audit is incorporated. Likewise, it provides an extended analysis of the mode of operation of the company’s industry-specific business model within which the audit is conducted.
Strategic orientation sequentially builds upon the respective company-tailored audit-services portfolio that is oriented according to the company’s significant stakeholders as well as a sustainable strategic positioning within the risk convergence of the organization’s administrative departments. These departments – Internal Auditing, Compliance, Risk Management, Controlling, etc. – often are called “independent management services.”
Strategic fields of analysis for one’s own audit operations are mapped within this constellation. In the same process, experience drawn from previously conducted repositioning projects are brought into play and clearly demonstrated in a practical example. In this context, both positive and negative examples of implementation are discussed and illustrated by the ARC consultant. Among other aspects, the workshop’s benefit for participants lies in the practical application and adaptation of various strategy instruments within the internal audit environment. Furthermore, an opportunity to interconnect with the business or corporate strategy is given.