Episode 132 - Do we need a strategic plan? - Audit Duel Series - Richard Chambers and Norman Marks

In this engaging discussion, Richard Chambers, an advocate for aligning internal audit with organizational goals, debates with Norman Marks, who contests the necessity of formal strategic plans. They delve into the importance of adaptability versus long-term planning in internal audits, exploring when strategy may hinder immediate action. The conversation reveals how technology, especially generative AI, is reshaping the profession, raising essential questions about risk management in a rapidly evolving landscape. Prepare for a thought-provoking take on the future of internal auditing!