• Building Blocks – September 2014

    In this issue, we examine the importance of including statutory burden reconciliation for labour overpayments in a project contract and the impacts of the recent Supreme Court ruling on the Tsilhqot’n Nation v. British Columbia case.

  • Improve business performance: transform your GRC program

    Governance, risk and compliance programs must continually reassess how to meet strategic objectives. Is your organization's GRC function still struggling to provide the expected value?

  • Placing trust in the future of co-creation

    Consumers can help your business deliver better solutions — but you have to have trust. Find out more in our latest Performance journal.

  • Why digital governance matters

    The digital era has created new opportunities for business models and customer interactions. Are you ready for the great potential and significant risks?

  • Business strategy in the digital world

    Digital is transforming how organizations do business. Do you have the digital business know-how to execute your vision? Let us help.

  • Internal Audit

    The IA function that successfully adapts to today’s rapidly changing world will become a trusted advisor to an organization poised for growth. Read our insights.

  • Ambir Solutions joins EY family

    EY officially welcomes Atlantic Canada’s leading independent IT and business consulting firm Ambir Solutions into its family. Learn more.

  • Maximizing the value of a data protection program

    Any organization can be victimized by data loss events. Is your program aligned to protect the data that matters most?

  • Building trust in the cloud

    Rapid escalation of cloud services creates risk. Use our Cloud Trust Model to balance those risks with the value the cloud provides to your organization.

Advisory Services

Evolving your business. Globally.

As the world evolves, so do your business issues. The catalysts vary: from geopolitical events to regulatory reform, from new technologies to emerging markets.

And their impact can be swift and far-reaching. Our approach — grounded in industry-specific experience and committed to delivering measurable, sustainable results — can help you adapt and succeed. Even in an uncertain environment.

We can help you with:


  • Under cyber attack

    Organizations must be prepared to combat against, manage and mitigate cyber attacks that can occur anytime, anywhere.

    Our 16th annual global information security survey explores the actions organizations have taken to address current threats, how leading organizations are preparing for cyber risks that may be on the horizon, and how new technologies and an innovative approach can help organizations proactively prepare for the future.

    We found three levels of response to cyber risk in an environment where cyber attacks are numerous, constant and increasingly complex:

    • Improve — What organizations are doing to address the current threats and the challenges that still exist
    • Expand — Steps leading organizations are taking to address new threats more proactively
    • Innovate — Solutions organizations need to address new and upcoming technologies

    Go to ey.com/cybersecurity

  • Managing risk — for opportunities

    We know you’re concerned about the risks of regulation and compliance – especially if you’re in banking or health care.

    Meanwhile, as market volatility and pricing pressures unsettle the landscape, those forces are stimulating competition and creating opportunities.

    To strike that balance between risk and opportunity, our research suggests that many leading firms are developing an overarching strategy that balances both.

    Our work with clients reveals that there is a need to re-engineer the risk processes across the business, just as was done with finance, manufacturing, and supply chain processes.

    The goal is to get better coverage on the risks that matter.

    Learn more about turning risks and opportunities into results.

  • Internal audit: enhancing and sustaining business performance

    Companies value the role Internal Audit plays. But they are looking for more.

    Executives want Internal Audit to not only see what has gone before, but also what comes next. They want Internal Audit to provide insights into strategic initiatives, and to share ideas that improve business performance. And they want it now.

    Internal Audit as strategic advisor

    As a strategic advisor, Internal Audit can:

     

    • Identify company-wide cost improvements
    • Offer recommendations that improve business performance
    • Provide key insights that focus on risk

     

    We can help you:

     

    • Assess your Internal Audit function and identify areas of improvement
    • Identify opportunities to enhance the strategic value of Internal Audit
    • Accelerate improvements through cosourcing

     

  • A clearer vision for finance

    An effective Finance function that is best suited to the organization can be a critical factor for growth.

    Yet 98% of companies feel there are opportunities to improve their Finance function.

    The challenge is in marrying conflicting priorities:

    • Driving the business forward
    • Protecting the organization’s financial assets

    Our research suggests 80% of companies are planning to better align Finance with overall business strategies.

    To do that, we see three key priorities for finance which involve striking a balance between control, effectiveness and efficiency.

    1. Control: promote strong governance and control in the organization.
    2. Effectiveness: drive the business forward, challenge the business and strengthen decision-making throughout the organization.
    3. Efficiency: drive costs down, integrate acquired teams.

    See more about a clearer vision for Finance:

  • Getting information technology right

    Information technology functions need to strike a balance between risk and performance.

    But reality often falls short of this goal.

    That’s because IT’s influence on the business has evolved so quickly that many IT functions are still struggling with how to marry their technical expertise with a new business perspective.

    Top IT leaders are now facing broad challenges, including:

    • Increasingly complex IT and business operating models
    • Cost efficiency and transparency demands
    • New regulations and new forms of threat
    • Corporate responsibility expectations

    Our research suggests that successful firms are focusing on these key issues and formulating their response at the enterprise level.

    Learn more about getting IT right:

  • Shaping effective supply chains

    Responding to a business environment that’s more complex and fluid than ever, many companies are adapting their supply chains in two key ways:

    • They’re rapidly expanding to capitalize on the growing number of middle-class buyers in emerging markets.
    • They’re driving cost efficiencies to boost margins in their mature market operations.

    Our research suggests that either way, seven interconnected items come into play.

     

    EY - Supply chain

    In growth markets, considerations include:

    • Managing operational, tax and regulatory risk
    • Enabling new revenue sources
    • Establishing an effective supply chain model and infrastructure

    In mature markets, considerations include:

    • Reconfiguring the supply chain to create cost competitiveness
    • Optimizing global spend
    • Improving operational agility and responsiveness

    In mature and emerging markets, environmental and sustainability matters emerge.



Contact us

Anne-Marie Hubert    Anne-Marie Hubert 
Leader,
Advisory Services
514 874 4382

Contact a member of our team.
 

Connect with us

EY - Health Care Advisory Services

Health Care Advisory Services

Driving sustainable excellence in health care. Learn more.

EY - Global Information Security Survey 2013

Global Information Security Survey 2013

As the pace of technology evolution accelerates, so do cyber risks. Find out how organizations are addressing current threats – and those on the horizon.