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The Institute of Internal Auditors North AmericaBreadcrumb SeparatorNewsBreadcrumb SeparatorBlog: Is Disruptive Innovation an "Uber" Risk for Internal Audit?

Read Richard Chambers' Latest Blog
Is Disruptive Innovation an "Uber" Risk for Internal Audit?

In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:

On a recent trip to Paris, I arrived at the airport on the first day of a taxi strike protesting Uber, the rival upstart that has upended historical urban transportation services. With no taxi service available, I ended up taking the Metro from the airport to the station closest to my hotel. Suffice it to say, it was no treat trudging the last mile on city streets with luggage in tow, even in a city as beautiful as Paris.

The experience got me to thinking, however, about disruptive innovation and the risks it poses to organizations beyond obvious issues of competition. It also got me thinking about how disruptive innovation could impact internal audit and our areas of responsibility.

Read the full blog post from IIA President and CEO Richard Chambers.