Archive | November, 2019

Thank you for the opportunity!

27 Nov

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

2019_EU IAS conference 2019_Dr. Rainer Lenz

Added Value of Internal Audit: Swimming, Learning and Change, Farmer

21 Nov

Pic_EU

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

 

 

„Gschmäckle“

7 Nov

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!

Time is Ripe to Revolutionize the Audit

4 Nov

change-pic

 

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

2017_Submitted manuscript