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From Ad Hoc to Agile: Set Your Course for Third-Party GRC Maturity

2019-06-20 @ 11:00 am 12:00 pm CDT

With third party risk management escalating up the board agenda – you might now have commitment for funding for 2019 and be looking towards taking an RFP to market. This webinar featuring Michael Rasmussen of GRC20/20 is designed for you.

Traditional brick-and-mortar business is a thing of the past: physical buildings and conventional employees no longer define organizations. The modern organization is an interconnected maze of relationships and interactions that span traditional business boundaries. In this context, organizations are seeking to mature their third-party GRC programs to help the business efficiently onboard and manage third-party relationships while mitigating risk for the extended organization.

An agile and mature Third-Party GRC program involves a cross-functional and coordinated strategy and team to define and govern third-party relationships that is enabled by consistent process, information, and technology. Organizations seek to mature their Third-Party GRC with an integrated strategy, process, and architecture to manage the ecosystem of third-party relationships with real-time information about third-party performance, risk, and compliance, as well as how it impacts the organization.

This webinar presents the GRC 20/20 Third-Party GRC Maturity Model which provides guidance on how organizations can mature their approach to third-party governance.

Attendees will learn:

  • How to identify the stages of third-party GRC maturity and assess your organizational maturity
  • What separates mature third-party GRC programs from immature ones
  • The value of increasing third-party GRC maturity in your organization
  • How to increase third-party GRC maturity

GRC 20/20 Presenter

Michael 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 23+ 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 Sponsor

Aravo’s mission is to provide continuous innovation and market leadership in Third Party Management solutions. Aravo’s customers are Fortune 1000 executives in procurement, finance, supply chain, compliance, legal and IT departments.

The world’s best-run businesses know that accurate, validated and complete Third Party information and best-practice processes are essential to drive efficient relationship management, manage risk, and ensure compliance across distributed, global networks of suppliers, affiliates, contractors, resellers, brokers, and other Third Parties. Aravo was purpose-built to meet this need.


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