It can be a daunting task for internal auditors to grapple with how geopolitics impacts their organizations. After all, geopolitics includes broad and complex interrelated topics such as climate change, the outbreak of disease, political instability, economics, war, and conflict, all of which can present risks to the organization with little or no notice.
The Institute of Internal Auditors has started a new global thought leadership publication: Global Perspectives and Insights. This new thought leadership series offers insight and direction on key issues, with perspectives that know no national or regional boundaries. Its content will come from a variety of sources. Grappling with geopolitics is the first edition of this new, ongoing series.
This publication speaks about economics, war, and conflict, and the price of oil and its impacts on organizations. It concludes with an internal audit’s call to action and gives advice to internal auditors on how to deal with geopolitics. Global perspectives and Insights: Grappling with geopolitics thus gives a useful insight on how internal auditors can prepare themselves to contribute to the organization’s readiness to manage and respond to geopolitical risks and opportunities.
Download the complete publication: Global perspectives and Insights: Grappling with geopolitics