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Reshaping & Rebranding your Internal Audit Department
Harold Silverman May 19, 2016
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What is “Branding” “The marketing practice of creating a name, symbol or design that identifies and differentiates a product from other products “ Entrepeneur.com
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Can You Change a Brand?
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2 Major Questions Can you change the Internal Audit Brand in your organization? If you can, should you?
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My Experiences
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My Experiences (continued)
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When Change is Needed? Not adding value to the organization
Not perceived as adding value to the organization
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Benefits of Change Relationship Building Talent Management
Opportunities to add more value Opportunities to grow your career
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How to Change “Adjacent Markets” New Relationships Use your toolbox
People
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Adjacent Markets Employ an evolutionary process
“A distinct market or set of customers that are similar to a business's core market that share similar needs or similar business processes”
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New Relationships How does Management and Board perceive you?
New Stakeholders New Process Owners
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Toolbox Industry publications Internal resources
Opportunities to “see the business” IIA and other organization tools
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People Do your people have the necessary? Knowledge Skillsets
Do you have the right people? Are you the right person for the new brand?
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