It has been a great pleasure contributing to the success of the 2019 Annual Conference of the European Commission’s Internal Audit Services. Many thanks again dear Dr. Manfred Kraff and dear Patrick De Boom for having me as guest speaker.
My 2 cents below and attached:
#Swimming in the organisation
#Enabler of learning and change
#Farmer
Thank you dear Dr. Manfred Kraff and dear Patrick De Boom for inviting me as guest speaker at your 2019 Annual Conference of the European Commission’s Internal Audit Service, Brussels, in November 2019. Landing page, conference
My contribution will be about:
Added Value of Internal Audit: Swimming, Learning and Change, Farmer
Presentation via SlidePresenter
#internalaudit, #valueadded, #swimmingintheorganisation, #learningandchange, #farmer, #europeancommission, #slidepresenter
07 November 2019:
Danke für diesen Blog von The AuditFactory: https://www.auditfactory.de/aktuelles/blog/vorstandswahlen-beim-diir-ueber-den-umgang-mit-silvia-puhani/
Update 08 November 2019:
I was speaking today with the CEO of the DIIR. Many thanks for calling. I greatly appreciate his perspective on what’s going on at the top of the DIIR. Very helpful. The members of the German Institute of Internal Auditors will soon decide upon their representation with their vote. Full transparency and openness are encouraged when debating. I support diversity and due coverage of the diverse range of internal audit functions out there, big and small, listed and not-listed, public and private etc. I do wish the DIIR much continued success. Stronger together!
Abstract
There have been doubts around the added value and relevance of (internal) audit. There have been question marks whether that profession truly focuses on what matters most. How can we make better? How can we make (internal) audit an even greater success in the eyes of its customers and stakeholders, too? In the digital age, more than ever, there is nothing as constant as change. It is time to revolutionize the audit. Process Mining has the potential to revolutionize (internal) audit. Heath & Heath (2008) study in their bestseller why some ideas survive and others die. When applying their SUCCESs-model to the world of audit, it is worthwhile to search for sticky ideas that are Simple,
Unexpected, Concrete, Credible, Emotional and/or tell Stories. One of such traits may already be sufficient to make an idea stick. Process Mining has the potential to bring (internal) audit on a much higher plateau. In doing so, the entire (internal) audit profession can be strengthened that way. Process Mining is so powerful for it makes the matter in question very concrete. And, such concrete evidence is very credible when inspiring to learn and change. Time is ripe to revolutionize the audit. Let your data speak to drive learning and change.
Lenz, R. (2017), Time is Ripe to Revolutionalize the Audit, EDPACS, 56:4, 19-22 http://www.tandfonline.com/doi/full/10.1080/07366981.2017.1380479
“We need to be more like farmers”
Sarens, G., Lenz, R. & Decaux, L. (2016) Insights Into Self-Images of Internal Auditors, EDPACS, 54:4, 1-18
The purpose of this article is to critically analyze self-images of internal auditors in light of the metaphors and short descriptions they give about their own role(s) in their organization. Worldwide data have been collected via a forum for internal auditors on LinkedIn where they were asked “If you were asked to write down a catch-line to sum up your role as internal auditors in your organization, what would it be?” The analysis distinguishes five clusters of self-images whereby some of these self-images could be self-inflicted pitfalls creating the wrong expectations and perceptions within the organization: (1) negative self-images that may create distance and form the basis of non-acceptance; (2) overly modest self-perceptions; (3) use of self-evident and empty words that could lead to marginalization in the eyes of internal auditors’ stakeholders; (4) overly ambitious claims, Superman-like, creating the basis for disappointment as internal auditors all too often over-promise and under-deliver. Eventually (5), we also find original and helpful self-images that point to positive characteristics and differences, which should help in creating a unique and sustainable identity, and also support internal audit’s pursuit of greater effectiveness. The analysis of how internal auditors view themselves may explain why some internal auditors are on a route to marginalization and disappointment, while others embark on a more promising path creating a positive, unique, and sustainable identity as suggested by recent studies. Ultimately, we suggest that viewing internal auditors as farmers is a promising metaphor with which to position internal audit and strengthen its value proposition.
The article: Sarens Lenz Decaux 2016
ECIIA 2019, Luxemburg
WRAPS – How to make better decisions
My presentation: WRAPS
ECIIA 2017, Basel (Switzerland)
SUCCESs – Simple, Unexpected, Concrete, Credible, Emotional, and Stories
My presentation: SUCCESs
I very much look forward to contributing to the success of this event.
https://ec.europa.eu/info/events/ias-conference-2019-2019-nov-27_en
Many thanks for the great interest and many questions from the audience today.
I very much enjoyed that.
My PPT: ECIIA 2019_WRAPS_Dr. Rainer Lenz
