July 08, 2025

#241 Why Risk Management Is Getting Harder with Chris Wright, Managing Director, Protiviti

32 minutes

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#241 Why Risk Management Is Getting Harder with Chris Wright, Managing Director, Protiviti

https://youtu.be/LqF4t5IT0n8

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In this episode of The GrowCFO Show, host Kevin Appleby speaks with Chris Wright, Managing Director at Protiviti and leader of their global finance transformation solution. The conversation explores Protiviti’s comprehensive risk survey, highlighting the key risks companies are facing in the current economic climate. Chris provides valuable insights into how CFOs and finance leaders should approach risk acknowledgment, evaluation, and mitigation in the coming year.

The discussion covers several critical risk areas, including economic conditions and inflation pressures, labor and talent shortages, cybersecurity concerns, and emerging risks associated with AI implementation. Chris emphasizes the importance of CFOs developing “muscle memory” for frequent re-forecasting due to economic uncertainties, while also highlighting how AI can help address labor shortages by automating mundane tasks and enriching the work experience of finance professionals.

Key topics covered:

Economic conditions, including inflation pressures, represent the top risk concern for companies, requiring CFOs to develop stronger forecasting capabilities

Labor shortages in finance are driving increased costs and creating challenges in hiring and retention

AI offers significant benefits for finance functions, including cost savings and improved efficiency in areas like cash application and payables

Cybersecurity remains a persistent concern despite improvements in system security

Emerging risks from AI implementation include data quality issues, over-reliance, and potential cybersecurity vulnerabilities

Links

Chris Wright on LinkedIn

Kevin Appleby on LinkedIn

GrowCFO Mentoring

Timestamps

0:11:15 Chris Wright introduces himself and his role at Protiviti

0:25:19 Analysis of economic conditions and inflation as top risks

0:34:47 Exploration of labor and talent shortages in finance

0:42:13 Examination of AI benefits and implementation in finance functions

0:50:39 Discussion of cybersecurity risks and cloud computing challenges

0:56:51 Conversation about emerging risks associated with AI implementation

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By Kevin Appleby

33 ratings

July 08, 2025

#241 Why Risk Management Is Getting Harder with Chris Wright, Managing Director, Protiviti

32 minutes

Facebook

Twitter

#241 Why Risk Management Is Getting Harder with Chris Wright, Managing Director, Protiviti

https://youtu.be/LqF4t5IT0n8

Your browser does not support the audio element.

Key topics covered:

Economic conditions, including inflation pressures, represent the top risk concern for companies, requiring CFOs to develop stronger forecasting capabilities

Labor shortages in finance are driving increased costs and creating challenges in hiring and retention

AI offers significant benefits for finance functions, including cost savings and improved efficiency in areas like cash application and payables

Cybersecurity remains a persistent concern despite improvements in system security

Emerging risks from AI implementation include data quality issues, over-reliance, and potential cybersecurity vulnerabilities

Links

Chris Wright on LinkedIn

Kevin Appleby on LinkedIn

GrowCFO Mentoring

Timestamps

0:11:15 Chris Wright introduces himself and his role at Protiviti

0:25:19 Analysis of economic conditions and inflation as top risks

0:34:47 Exploration of labor and talent shortages in finance

0:42:13 Examination of AI benefits and implementation in finance functions

0:50:39 Discussion of cybersecurity risks and cloud computing challenges

0:56:51 Conversation about emerging risks associated with AI implementation

Find out more about GrowCFO

You can find out more and join today at growcfo.net

Podcast: Play in new window | Download

Podcast

#258 From Controller to CFO: The Playbook Behind CSAA’s Transformation, Andrea Hecht, Chief Financial Officer, CSAA Insurance Group

In this episode, host Kevin Appleby speaks with Andrea Hecht, Chief Financial Officer at CSAA Insurance Group, to explore the…

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#257 The Three Hidden Traps That Stall New CFOs, Michael O’Reilly, GrowCFO Executive Coach

In this insightful episode, Kevin Appleby sits down with Michael O’Reilly, a seasoned executive coach and former CFO with a…

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#256 The CFO Guide to AI Hype: What To Do First, Hannah Munro, Managing Director, ITAS Solutions

Artificial Intelligence continues to dominate finance discussions, but for many CFOs, the real challenge isn’t understanding the technology—it’s knowing where…

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#255 From CFO to CEO: Lessons on Leadership, Dave Osh, Mentor

In today’s rapidly evolving business environment, the transition from CFO to CEO is a journey that demands more than technical…

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#254 Why “Fractional CFO” Isn’t What You Should Be Selling James Donovan, Founder, Nine Two Media

In today’s competitive financial services landscape, simply offering “fractional CFO” services is no longer enough to stand out or win…

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#253 Hard Work Beats Talent: Resilience Lessons for Modern CFOs Ademola Odewade, CEO, K-Dems Consulting Limited

In the ever-changing world of finance, resilience and determination have become indispensable qualities for modern CFOs. In this episode of…

…

...more