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Risk to Reward: Leveraging Organizational Risk as a Competitive Advantage

INSIGHT 2 min read

In today’s risk environment, everything is loud. Cyber threats, evolving regulations, third party dependencies and digital transformation are all fighting for leadership attention. During this session, attendees were looking for clarity, not more noise.

Jamey Loupe, Risk Leader at Sikich, led an expert panel with Steve Randall, Matt Schiavone and Andrew Yacynowich. Together, they broke down what actually mattered, how leading organizations are using risk to accelerate business value, and what actions should rise to the top of the priority list.

Key Takeaways

  • Risk as Competitive Advantage: Organizations moved from avoiding risk to using it as a catalyst for smarter decisions and new opportunities.
  • Risk as a Strategic Investment: Embedding risk into digital transformation helped prevent breaches, support secure remote ecosystems and protect long term value.
  • Proactive Risk Drives Revenue: Strong risk programs accelerated sales cycles and increased trust with prospects and vendors.
  • AI in Risk Management: AI automated risk identification and monitoring which improved accuracy and sped up compliance workflows.
  • Governance for AI: AI still required human oversight, proper integration and continuous monitoring to ensure reliable outcomes.
  • Third Party Risk as a Value Driver: Viewing vendor assurance as part of a broader risk strategy provided visibility across the full ecosystem rather than simple check the box compliance.

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Author

Sikich is a global company specializing in technology-enabled professional services. With more than 1,900 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies and is comprised of one of the largest CPA firms in the United States. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services* and products to help them improve performance and achieve long-term, strategic goals.

*Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC. Investment advisory services offered through Sikich Financial, an SEC Registered Investment Advisor.