Noah Kessler, Protiviti Director, and Anthony Chigazola, Protiviti Associate Director
Growth is a top focus for emerging technology companies, but that pursuit can become so all-consuming that these businesses often pay little or no attention to laying a solid corporate governance foundation to sustain their long-term success.
It is never too early for startup companies to adopt flexible and scalable approaches for identifying and managing risks and controls. Not only are highly innovative and cost-effective risk and control solutions available, but they also can be designed to evolve as the businesses grow. This article discusses what can happen when risks and controls are an afterthought and highlights three specific areas tech startups can target for improvement.