The Institute of Internal Auditors Research Foundation has issued a new report offering strategies for motivating internal audit staff, including dealing with generational differences.
The report, “Great Ways to Motivate Your Staff,” is the latest offering in the IIARF’s Common Body of Knowledge (CBOK) series. It provides five strategies for integrated performance management tailored to the profession and 10 action items for motivating staff.
The report delves into data collected in the 2015 CBOK Global Practitioners Survey to support execution of the strategies and action items. For example, strategies such as goal setting, retaining talent and assessing performance are all influenced by generational differences among staff members. The CBOK data provide details on generational staffing levels, and each generation’s plans for remaining in the profession.
It also provides detailed information on gender, internal audit as a training ground for management, measures used to gauge internal audit performance and more.
The report was released earlier this week at IIA conferences in Brisbane, Australia and Dallas, Texas.
“If internal auditors are to become true agents of change, internal audit leaders must help them expand their capabilities, align their goals with the organization’s goals, and provide proper performance evaluations, incentives and recognitions,” said IIA chairman Larry Harrington in a statement. “The vital information and guidance this report provides will help us accomplish this.”
The report is the latest in a series being produced by the IIARF based on CBOK data. More than two dozen reports are planned. It and other CBOK reports can be downloaded for free at the CBOK Resource exchange at www.theiia.org/goto/CBOK.