A study conducted by Deloitte Southeast Asia and the SMU surveyed 48 executives and found four traits that could identify digitally mature organisations based on how they manage the governance, risk, and compliance aspects of digital transformation. Commenting on the third trait that places ownership of risk identification with individual business units, SMU Dean of the School of Accountancy and Lee Kong Chian Chair Professor of Accounting Cheng Qiang explained how placing ownership of risk identification and monitoring activities on individual business units facilitates an “enterprise-wide view of risk.”