{
  "docId": "019dd923-5e88-73ef-bd58-1f499855b65e",
  "docSlug": "a4428eb0d1c11b31",
  "documentTitle": "Elevating internal audit’s role: The digitally fitfunction 2019 State of the Internal Audit Profession Study",
  "authorId": "PwC",
  "authorName": "PwC",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.775,
  "pageNumber": 3,
  "pageCount": 22,
  "prevPage": 2,
  "nextPage": 4,
  "slideType": "quote_slide",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "paragraph",
    "quote_block"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd58-1f499855b65e/3",
  "deckHref": "/decks/019dd923-5e88-73ef-bd58-1f499855b65e",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd58-1f499855b65e.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd58-1f499855b65e#slide-3",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.53,
        "y": 0.45
      },
      "kind": "paragraph",
      "text": "Nancy J. Luquette, Senior Vice President, Chief Risk & Audit Executive, S&P Global Inc",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "13c3a116-6e82-45ab-b85d-e25b0612441d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.45,
        "x": 0.05,
        "y": 0.43
      },
      "kind": "paragraph",
      "text": "Talk about the upskilling of staff, about closer engagement with stakeholders, and the use of data, analytics, and workflow technologies is ongoing. And now is the time to shift from discussion to action because internal audit functions' digital fitness must match the organisation's digital transformation; otherwise, gaps across the lines of defence will widen, and more points of entry for risk will appear.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "17817aef-8394-48fd-a76f-344b0a991658",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.45,
        "x": 0.05,
        "y": 0.17
      },
      "kind": "paragraph",
      "text": "The definition is twofold: (1) having in place the skills and competencies to provide strategic advice to stakeholders and to provide assurance with regard to risks from the organisation's digital transformation and (2) changing the function's own processes and services so as to become more data driven and digitally enabled so the function can align with the organisation's strategic risks and thereby anticipate and respond to risk events at the pace and scale that the organisation's digital transformation requires.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "304860dd-f2d7-4ae1-96c9-62e3510cc881",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.42,
        "x": 0.53,
        "y": 0.08
      },
      "kind": "quote",
      "text": "You can want to focus on doing things in a digital way but if you don't have the support behind it from your CEO and the board, and really have them driving you to do what you do with a focus on digital, you can beat your head against the wall and not get anywhere. I don't want to underestimate how important senior leadership and board support is to be able to do this and to be successful at it.",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3e5d25b0-4a85-4d3c-8fff-b34430256d29",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "You can want to focus on doing things in a digital way but if you don't have the support behind it from your CEO and the board, and really have them driving you to do what you do with a focus on digital, you can beat your head against the wall and not get anywhere. I don't want to underestimate how important senior leadership and board support is to be able to do this and to be successful at it. — Nancy J. Luquette, Senior Vice President, Chief Risk & Audit Executive, S&P Global Inc",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-3be7-728b-ac03-a99a958761f4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.22,
        "x": 0.73,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "2019 State of the Internal Audit Profession Study | 3",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3c738d29-7782-4cab-8318-e292a3413960",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.4,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "What does the expression internal audit digital fitness mean?",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4b330f9a-7b63-457b-a232-7f0ec8a714db",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 3,
      "from": 2,
      "beatId": "90383252-e137-4fc0-ba5c-edb7243b8475",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Situation & Context",
      "beatSlug": "consultants-gambit-situation-context",
      "evidence": "The document provides a clear situation overview and context for the importance of digital fitness",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    }
  ],
  "loops": [
    {
      "to": 21,
      "from": 3,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "458e061c-0d1d-48b1-8066-03d31fb10721",
      "evidence": "The document uses the golden circle framework to structure the narrative",
      "position": 0,
      "objective": "To understand the importance of digital fitness and how to achieve it",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.6,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    },
    {
      "to": 20,
      "from": 2,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "7449429c-4f3c-46e0-81d9-3da5af49890b",
      "evidence": "The document implies the costs of inaction through the use of testimonials and data tables",
      "position": 1,
      "objective": "To highlight the risks of not becoming digitally fit",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.5,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}