Third-Party Risk & Resilience: From Uncertainty to Business Confidence

Third Party Risk Management as an integral part of Enterprise Resilience

In an uncertain world, resilience is not only key to respond to critical events and safeguard assets –with a state-of-the-art resilience strategy, an enterprise can even gain a competitive advantage over its competition. In our increasingly complex business environments, organizations struggle to deal with highly complex events and the right response strategies and measures. 

This is even more the case when having to manage the risks associated with a multitude of third parties, like vendors, suppliers, contractors and other business partners. Since the early detection of risks and effective evaluation of their business impact is crucial, risk management is a key player in shaping corporate resilience. 

Our concept of trusted governance creates a unified framework that ensures consistency across relevant subsystems, enables close collaboration, and ensures more efficient assessments that generate high-quality outputs. 

Finally, when linked to corporate performance management, risk management can act as a value driver for the entire company giving you the confidence you need to manage your business successfully: 

• Ensuring transparency over the “real” risk situation 
• Helping to identify and mitigate risks at an early stage 
• Providing an improved basis for corporate decisions through simulating possible outcomes 
• Optimizing performance through risk-adjusted performance indicators 

Based on a real-life use case our experts will demonstrate how “uncertainty” can turn into “business confidence”.

The GRC 20/20 Speaker

GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 30+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

Webinar Host

Horváth is an international, independent management consultancy firm with over 1,200 employees in locations in Europe, the USA, and other global markets. We represent in-depth knowledge across different industries and top-level subject matter expertise in all company functions – with a focus on performance management and transformation. We carry out projects for our international customers around the world. In this context, we provide precise knowledge of, and take into account, the local conditions thanks to the cooperation with our partners of “Cordence Worldwide”, a global network of truly connected consultancy firms with the ability to think and deliver together.