Embracing Change: Accenture Australia’s Managing Director on the New Era of Risk and Innovation
Angela Coble, Managing Director and Client Group Technology Officer at Accenture Australia, offers her valuable insights into the evolving landscape of risk management and technological innovation within organisations.Angela Coble, Managing Director and Client Group Technology Officer at Accenture Australia, offers her valuable insights into the evolving landscape of risk management and technological innovation within organisations.
With a focus on understanding and adapting the appetite for risk, Angela emphasises the need to push boundaries to foster innovation, all while upholding ethical and fiduciary duties.
Expanding the Horizon of Risk
In a conversation with Peter Hind, ADAPT’s Principal Research Analyst, Angela encourages organisations to not just manage but embrace risk as a path to growth.
Adjusting and understanding the appetite for risk allows businesses to innovate responsibly and sustainably.
The Dynamic Nature of Risk Strategies
She talks about the need for risk strategies that evolve with technological advancements. This adaptability ensures organisations remain resilient, prepared for future challenges, and can seize new opportunities.
Building Collaborative Networks
Angela champions the creation of diverse networks of allies and trusted advisors. Expanding collaboration enriches decision-making, fosters a culture of innovation, and nurtures mutual respect among stakeholders.
Prioritisation and Resource Allocation
Through structured prioritisation and governance, Angela highlights the importance of aligning resources with strategic objectives. This approach ensures that investments focus on projects with the greatest potential for impact.
Technology Adoption with Purpose
Finally, Angela advises adopting technology with a clear focus on solving organisational challenges. This ensures that investments in new technologies are both strategic and impactful, delivering real value to the business.
Angela joins 150 CIOs and IT leaders at CIO Edge, discussing How to Prioritise and Lead a Progressive Technology Strategy.
Key Takeaways:
- Risk Appetite Expansion: Leaders should expand their organisations’ risk appetite thoughtfully to encourage innovation.
- Adaptive Risk Strategies: Risk management strategies must evolve with technological progress to maintain resilience and exploit new opportunities.
- Collaborative Networks: Building diverse relationships within the business ecosystem is crucial for enhanced decision-making and innovation.
- Strategic Prioritisation: Effective governance and resource allocation are key to aligning with strategic goals and optimising impact.
- Purposeful Technology Adoption: Technologies should be adopted based on their potential to address specific organisational challenges, ensuring investments deliver meaningful outcomes.