Effective risk management is a “long game” built on expertise, experience and hard work. Attend this session so you can learn how to get in and stay in the game. The presenters demonstrated how to move beyond a typical vendor management strategy and build a roadmap to systematically evolve your program. Attendees received tips on engaging stakeholders and leading change, and also heard how to avoid common mistakes. These industry leaders shared current and emerging best practices, relevant experience, advice and lessons learned to get a head start on your third party risk management program.
Topics covered in this session included:
- How to build a roadmap for your program
- Business benefits and the risk of not investing
- Current and emerging best practices of third party risk management programs
- Tips for stakeholder engagement and program adoption
Contributors: BB&T, ONTALA
Categories: 2017 Spring - Amelia Island, Summit Presentations
SRC Type: Risk Management, Sourcing Management