Industry Insights - Consumer Products & Retail Welcome to the April edition of Industry Insights for Consumer Products and Retail.As the eclipse's shadow disperses, we're reminded of the transformative power inherent in transitions. Just as celestial events mark shifts in nature, the retail and consumer goods industries undergo their own cycles of change. This month, we aim to harness this energy to illuminate new opportunities, guiding your business towards sustained growth.Subscribe to monthly insights Featured Insights Sustainability: Frequently Asked Questions Sustainability is about balancing operations with intention to preserve and sustain economic, environmental and social resources. There will always be uncertainties about succeeding over the long term, yet there are many opportunities for those organisations that choose to embrace change and execute on new norms and expectations from stakeholders. Read more Enabling Enterprise AI Adoption Through Next-Generation Governance Artificial intelligence (AI) has become increasingly important in the enterprise, thanks in part to the rise of generative AI (GenAI). While not a new technology or concept, AI (including machine learning) holds tremendous promise to transform various business functions and activities worldwide — from accounting and finance to cybersecurity, customer experience and more. In boardrooms and C-suite offices everywhere, AI is inspiring conversations on reimagining how the business operates. Read more Learn more about Protiviti: BLOG | INSIGHTS | WHO WE ARE Top 3 Consumer Goods and Retail Reads Mastering Data Dilemmas: Navigating Privacy, Localisation and Sovereignty In today's digital age, data privacy management is paramount for businesses and individuals alike. With the ever-changing regulatory landscape surrounding data protection, organisations must adapt swiftly to ensure compliance and maintain trust with their customers and stakeholders. However, both data sovereignty and localisation play an important role in privacy. Read more Client Story: Global Retailer Transforms Store Operations with Digital Analytics Data modernisation is critical to successful digital transformation. Every organisation collects, stores and manages data. We are seeing a shift in all industries, as smart devices and newer technologies are being introduced within the enterprise. The future means thinking about new and innovative ways of collecting and managing information to make effective decisions. Read more Participate in the 2024 Global Internal Audit Survey on Top Technology Risks The goal of the survey is to gather insights into the technology risks that will have significant impact on organisations in the coming year. The results from this survey will serve as a valuable resource to prepare for future challenges. Your participation is invaluable in helping us create a comprehensive picture of the IT audit landscape. Thank you for your time and contribution to this... Take survey Popular C-Suite Confidential: The CHRO’s Rapidly Evolving RolePodcast | ESG and AI – with Alyse Mauro Mason, Christine Livingston and Mark Carson Why Boards Should Care More About Geopolitics Than Ever Before Protiviti Services for Consumer Goods & Retail Pro Briefcase Consumer Goods Protiviti helps Consumer Goods organisations to rethink core business operations and transform for evolving customer needs and stakeholders’ expectations. Our expertise helps companies to respond quickly to challenges and identify innovative ways to embed resilience, optimise margin and improve operational performance. Pro Workflow Flowchart Retail Protiviti helps Retail organisations including apparel and specialty, food, beverage and tobacco, restaurants and food service, and home furnishings sectors reach customers where they are through business transformation efforts focused on evolving customer needs. Topics Internal Audit and Corporate Governance Risk Management and Regulatory Compliance Business Performance Industries Consumer Products and Services