Frameworks shape how risk is perceived, discussed, and audited. While VUCA helped organisations recognise volatility and uncertainty, today’s environment exposes its limitations in explaining systemic breakdowns and cascading failures.
This episode explores why a new framework is needed and how BANI emerged as a response to growing complexity, fragility, and stress within modern systems.

In this episode, we will address the following issues in conjunction with internal audit requirements and challenges
3. VUCA Explained: What It Gave Us and Where It Falls Short
4. The Origins of BANI: A Framework Born from Systemic Stress

Additionally, we offer you a Audit Playbook for “Making Sense of Chaos: A New Risk Lens for Internal Auditors – Part 1: When Risk No Longer Behaves: Internal Audit in a BANI World.”
Your Companion Guide to "The Trend Is Your Friend" Film Series by the ARC Institute.