Client
An international retailer
Our role
We conducted an impact assessment, a capability evaluation and developed a compliance roadmap with new EU legislations and regulations.
Countries
Sweden/the Netherlands
Setting the scene
Our client operates under a complex international franchise structure within the European Union and beyond. They faced the formidable task of complying with 12 recently introduced EU data and tech regulations and legislation.
Our client had a decentralised, bottom-up approach to innovation. This meant the organisation had limited overall visibility over its ongoing and planned data and AI and cybersecurity projects. There was also a significant disconnect in data governance awareness. This raised concerns over potential reputational and legal liabilities.
Despite these challenges, our client was keenly interested in exploring new technologies and understanding how to navigate this legal framework. This wasn’t just for compliance, but to seize new business opportunities. Our client engaged our extensive industry knowledge, tech expertise and a deep understanding of their business challenges to gain competitive advantage.
How we helped
We approached the project methodically over three phases:
"Faced with new EU regulations, we collaborated with our client to turn potential hurdles into opportunities for growth. By providing a strategic compliance roadmap, we transformed regulatory challenges into avenues for innovation and competitive advantage. This project not only safeguards our client against legal risks but also empowers them to harness technologies confidently."
Tomáš Fiala, Partner, Digital Transformation, PwC Czech RepublicImpact and potential
Our interventions clarified our client’s compliance requirements. These averted substantial legal and reputational risks. The capability roadmap also provided a clear path to compliance, enabling our client to focus on new business opportunities.
Data from the capability assessment indicated a remarkable improvement in governance awareness, substantially reducing our client’s liability risks. Long-term, this project positioned the client to remain compliant amidst an evolving regulatory and legal landscape. Our client is now equipped to adopt new technological advancements at speed.
