The Audit Podcast Ep 192: How to Engage Stakeholders w/ Scott Madenburg (ARC∙Hybrid)
May 14, 2024
Scott Madenburg, Founder and President of ARC∙Hybrid, shares his extensive insights and strategies for success in the audit field. He emphasizes the importance of securing a seat at the table and balancing recruitment with character assessment. Scott discusses the repercussions of cost-cutting in organizations and how to build an internal audit department from scratch. He advocates for fostering strong stakeholder relationships while highlighting the significance of skill diversity and open communication in audit teams.
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Building Rapport with Stakeholders
- Build rapport with stakeholders by learning about their interests.
- Connect with them on a personal level before discussing business.
Minimizing Distractions
- Minimize distractions during stakeholder meetings.
- Try walking meetings to facilitate deeper, more focused conversations.
Prioritizing Character in Hiring
- Prioritize character over talent when hiring for internal audit.
- Look for individuals who are adaptable, inquisitive, and willing to learn.
