Season 1 Episode 5: Capitalizing on Risk: Turning Uncertainty into Strategic Advantage
July 17, 2025
Uncertainty isn’t just a threat, it’s an opportunity. In this episode, we explore how business leaders turn risk into strategic advantage, with practical insights on navigating change, uncovering hidden value, and building resilience.
In this episode, we discuss:
- 00:00Â Introduction
- 01:41Â Navigating uncertainty in the business worldÂ
- 04:30 Am I frozen in place because I failed?
- 08:18 Creating and fostering an environment of adaptability at our enterprisesÂ
- 10:38Â First steps in assessing risks
- 13:30Â Enterprise risk management - why do we use it?
- 21:16Â What is the right size organization to implement a strategic plan?
- 26:55Â Responding to and covering different risks
- 29:49Â Getting help responding to risks
- 35:12Â How do enterprise risk management and internal audit relate?
About our guest Craig Carter
Craig Carter is a director with Mauldin & Jenkins, LLC. Craig is a business leader and advisor with 39+ years of experience, most recently leading Internal Audit Executive Services (IAES) to help organizations strengthen risk coverage and internal audit effectiveness. Learn more about Craig and his expertise here.
About our host Brandon Smith
Brandon Smith, CPA, is a Partner based in the Atlanta office and the Advisory Practice Leader. Learn more about Brandon and his expertise here.