Why should organizations do internal audits?

Rajive Johri (Director, Board of Directors at ConAgra Brands, Inc.)

Rajive Johri talks about one of the most important tools that boards can use to assess the effectiveness of their company’s internal control framework. He discusses the scenario of a product launch and looks at the kinds of questions likely to be asked by a board’s risk committee. This would include determining the overall risk to the company of taking on a new product, and whether the appropriate market research been conducted. He also discusses the need for boards to obtain input from consultants and outside experts.

What factors should be included in assessing company performance?

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About the Author

Rajive Johri

Director, Board of Directors at ConAgra Brands, Inc.

Mr. Johri has more than 35 years leadership experience in marketing and business strategy. He served as President of First National Bank and has worked in many other financial companies as J.P. Morgan Chase, Citigroup, and more. Mr. Johri has also served as Chairman of many Boards during his career, and currently is the Director on the Board of Directors at ConAgra Brands, Inc.

Interview By

Vaishali Jain

Sarder TV Anchor & Former Bloomberg TV Journalist

Vaishali has been working in the media industry & Journalism for more than 14 years. She had her own CEO talk show on Bloomberg TV India called Biz Lounge, a show that she anchored and produced. Biz Lounge explored the business aspects of each company, as well as the company's leadership, corporate culture, as well as each leader's personal side including how he/she spent their free time.

Prior to that, she worked as a Management Consultant in the finance industry in New York City. She has a Bachelor’s degree in Management with a concentration in Finance and her Master’s degree in Organizational Psychology.

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Why should organizations do internal audits?

Rajive Johri (Director, Board of Directors at ConAgra Brands, Inc.)

What factors should be included in assessing company performance?

What kind of competencies are required to be a board member?