Corporates Step Up To Welcome AI, Blockchain PYMNTS.com

In a recent report published by Protiviti and North Carolina State University, analysts found just how important technology and innovation are becoming for corporate executives. Their December 2018 survey found "digital readiness" to be the c-suite's top priority for 2019, with executives also reflecting their concern that the biggest risks their companies face are intensifying. "The perceived increase in the magnitude and severity of risks in today's ever-changing landscape should prompt boards and senior executives to closely scrutinize the approaches to proactively address emerging risks," said North Carolina State University Enterprise Risk Management (ERM) Initiative Director and ERM Professor Dr. Mark Beasley, quoted in Protiviti's release. "Boards of directors and executive management teams cannot afford to manage risks casually on a reactive basis, especially considering the rapid pace of disruptive innovation and technological developments in an ever-advancing digital world." Separate research last month also examined how corporate finance expects are bracing for this digital disruption.