To help raise the bar on innovation, internal auditors can work with stakeholders to nurture opportunities for disruption and manage the risks of falling behind.
Change can bring new business opportunities for those organizations that are willing to embrace it — or the death knell to those that choose to ignore it. Yet despite that stark choice, organizations appear to be polarized over the pros and cons of disruptive innovation. It has the power not only to accelerate the pace of business and afford new ways of working, but also to turn long-standing business models on their head or make them obsolete.
