The Future of Controls (FoC) vision is a bold and positive approach to making controls more effective and efficient while adding value. The report provides a strategic vision and road map for FoC, informed by industry trends and key levers that can help organizations achieve their FoC vision. The report also provides leading practices and guidance to help organizations move to the next generation of controls. The three key levers for FoC are reconstructing the internal controls framework, adopting a data-driven approach to ensure risk alignment and integration between risk and controls, and creating a structured approach to the FoC journey through top-level thinking, key practices, and expected solutions.
