CAE Briefing E26: 2019-11-24

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In this week’s video I discuss a recent e-mail I received from one of the large tech companies.

I continue to be concerned that millions of dollars in marketing are targeted at the profession, providing hope that if you buy into a new shiny object, buzz word or tool … you will magically become a strategic business partner to the C-suite.

That just isn’t true.

Becoming a strategic partner or trusted advisor is about BEING an executive with the right technical and soft skills and focusing your efforts in the right areas. Check out the video for more information.

I’ve been working hard putting the finishing touches on the new Certified Risk-Based Internal Auditor course that will officially launch on 01 December 2019. The more I dig into why CAEs often find themselves ignored or frustrated it really boils down to two reasons. One of them is not taking a truly risk-based internal audit approach.

If you want the respect and trust of management, you need to improve your risk-based internal auditing.

This week is the last time to get a price this low on the course.

If you don’t want to miss out on the insane savings of $1,500 (60% off), THIS WEEK is the time to get registered.

This week is the last time the course will be priced this low.

When you register, make sure to use the code: EARLY to get the discount.

https://ondemand.criskacademy.com/p/certified-risk-based-internal-auditor-crbia/?affcode=105582_jpp6czlf?product_id=1405370&coupon_code=EARLY

Transcript

00:00
welcome to another edition of the chief
00:03
audit executive briefing hey this week I
00:07
received an email from one of the large
00:09
tech companies and some of the wording
00:12
that they used in there is continuing to
00:16
concern me and here’s the deal right
00:19
they’re using language they’re using
00:22
some of these buzzwords and in trying to
00:26
say that if you get their tool you will
00:30
become a strategic business partner of
00:33
the c-suite now why am i concerned about
00:36
that
00:37
because the tool will not help you
00:41
become a trusted business partner of the
00:44
c-suite it just doesn’t work that way
00:48
okay there are other things that you
00:50
need to do it doesn’t matter the tool
00:53
you have what matters is how you are
00:57
your being whether or not you are
01:00
actually being the kind of executive
01:03
that they would see as a strategic
01:06
business partner or as a trusted adviser
01:10
now as I’ve done a bunch of research
01:13
talk to a lot of people seen a lot of
01:17
what chief out of executives are going
01:19
through having coached many chief out of
01:21
the executives there’s really kind of
01:24
two reasons why or how you end up
01:27
getting to be that strategic business
01:30
partner or the term that I usually use
01:33
is trusted advisor and the first one is
01:37
that you actually understand the
01:39
business you understand the risks
01:41
associated with the business and you and
01:45
and from that you’re actually taking a
01:48
risk-based internal audit approach now I
01:52
know a lot of people believe that
01:54
they’re doing risk based auditing but
01:56
when I start asking some questions right
01:59
if you’re like most people if I would
02:01
start asking some questions about your
02:04
audit plan we find out pretty quick that
02:07
you’re not actually doing risk based
02:10
internal auditing your risk ranking
02:13
projects you’re doing those that you
02:16
feel are most important first but the
02:18
problem is most of those projects don’t
02:21
actually tie back to the key objectives
02:24
of the organization they don’t focus on
02:28
the things that the executives are
02:30
concerned about so I’m here to tell you
02:33
it doesn’t matter what tool you use if
02:36
you’re not focusing your efforts on the
02:39
right areas management will never see
02:42
you as that trusted advisor the second
02:46
thing is it’s both a combination of your
02:50
technical and your soft skills that will
02:54
help you get to that level now in our
02:56
profession most of the time we focus all
02:59
of our time and energy on technical
03:01
skills and it makes us fabulous auditors
03:05
sometimes maybe a little too theoretical
03:07
okay and so the problem is if you don’t
03:10
have the right balance and in where I’ve
03:14
seen most people lacking is in some of
03:16
those soft skills they don’t really have
03:19
that executive presence that they need
03:21
they don’t really understand how to
03:23
communicate the way that they need to
03:25
they’re not bringing in things like
03:28
psychology in order to help them in
03:31
communicating and having that influence
03:33
in their organization so again it really
03:36
has nothing to do with the tools you use
03:39
it’s about who you are if you are being
03:43
an executive with that executive
03:46
presence and if you’re actually focusing
03:49
your efforts on the areas that the
03:51
executives are really concerned about
03:54
now one other announcement for you this
03:57
week as well is I’ve been working really
04:00
hard to finish up the certified risk
04:03
based internal auditor course that will
04:06
officially launch on December 1st so
04:09
it’ll be ready to go by the end of this
04:11
month
04:11
now the reason I’m reminding you of this
04:14
is C Risk Academy has actually been
04:17
running a special for those individuals
04:21
that pre-register for the course which
04:23
means if you want to get in at the
04:25
lowest price
04:27
that this course will ever be at which
04:29
is 999 dollars you need to register this
04:32
week so if you’re the kind of person
04:35
that would actually like to learn more
04:37
get deeper into this or if you have
04:40
would like to have members of your team
04:43
actually get into this then they need to
04:46
make sure and register this week so I’ve
04:50
included a link down below because
04:53
registration needs to come in by the
04:55
30th of November in order to take
04:58
advantage of this insane savings now
05:01
this actually represents 60 percent off
05:03
the normal price and so like I said this
05:06
is the last time I’m going to remind you
05:08
on this too
05:09
because the next chief audit executive
05:10
briefing is going to be in December so
05:13
this is the last time that I’ll be
05:16
telling you about this great savings as
05:19
well so with that
05:22
like I said we’re almost to December
05:24
hope your year has gone well take some
05:29
time this week or next
05:31
and actually reflect on what you’ve been
05:34
able to accomplish this year and what I
05:36
want you to do is give yourself a big
05:38
attaboy
05:39
you know good on you might if you’re
05:41
from Australia on those things that
05:44
you’ve been able to accomplish this last
05:47
year you know a lot of times we’re
05:49
always looking to the future and we
05:51
forget how much we’ve actually
05:53
accomplished the last year so take some
05:56
time you know especially for those of
05:58
you that are in the United States this
06:00
week is the week of Thanksgiving holiday
06:02
so take some time and just be grateful
06:05
and give yourself celebrate I guess if I
06:11
if you will the things that you’ve been
06:13
able to accomplish this last year and
06:15
then next week or the following week you
06:18
can start really getting into planning
06:20
for next year but take some time just to
06:23
feel grateful and go wow I really did
06:27
accomplish a lot this last year that was
06:29
great and just sit in that gratitude for
06:32
a little while so with that my friends
06:34
have a great rest of your week and I’ll
06:37
talk to you next week

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