Why Has Digital Management Audit Gained So Much Hype?
                     Why Has 
Digital 
Management 
Audit Gained 
Sovalu eMgrowtuhaudcit.chom 
Hype?
Role Of Management 
Consultants
Factors of 
Digital 
Scope Of Digital 
Management Management Audit
Audit
Key Functions Of Digital 
Management Audit
Role Of Management 
Consultants
• Management consultants have always gone the 
extra mile for helping the businesses. 
• Management consultants knew that with 
digitalization and automation, they could reduce 
the required man-hours while also developing a 
medium which can be more accurate and 
inclusive.
• Management consultants have been the initial 
promoters and marketers to convince the 
businesses to invest in digital management audit
It has a broader yet more in-depth scope while 
assessing and evaluating a business’s management. 
Scope Of It takes into consideration many financial and non-financial factors. From top to lowest, all chains and 
levels of management are assessed for the best 
Digital results.
Managem • It takes the already set principles and policies of the organization as a standard while even 
assessing for complying with the current 
ent Audit business, market, and industry standards.
• The management audit suggests the necessary 
improvement and provides the alternate courses 
of the actions for the same.
40 
Rise of
30 
Management 
20 
Consultancy
10 
The figure shows approximate rise of the industry of 
0 Management Consulting Firms in the worlds and in 
2015 2016 2017 2018 2019
India.
Fun Hacks | Marceline Anderson
Key Functions Of 
Digital 
Management Audit
Digital management audit has a broader scope. 
Overall the scope of digital management audit is not 
too different from a management audit:
Key Functions
Efficiency Analysis Variance Analysis
A business has many This is done in economics 
operations to take care of, so and stats to understand how 
doing them in a timely and much variability is there in 
cost-effective fashion is data.
Key important.
Factors Growth-Weakness 
Decision-Making
Analysis
The SWOT analysis is an Apart from just stating the 
internal assessment of a problems, providing 
business’s strength, alternative courses of actions 
weakness, opportunities, and is also important when 
threats. Internal and external solving a management 
variables like the product, problem.
market, teams, departments, 
and more.
Helpful 
Resources
Read the detailed blog on Value Growth 
Audit.
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