Vendor management professionals are in an excellent position to collaboratively pull together resources across the organization to determine potential risks. Basically, by playing the 鈥渨hat if鈥� game and asking probing questions to draw out 鈥� or eliminate - possible negative outcomes, everyone involved adds their insight into parts of the organization to gather a comprehensive picture of potential impacts.
Regulatory Risk Impact Tool
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Identify and Manage Regulatory and Compliance Risk Impacts on Your Organization
It is easier for prospective clients to find out what you did wrong than that you fixed the issue.Related Content: Vendor Management
Identify and Manage Regulatory and Compliance Risk Impacts on Your Organization Storyboard
Identify and Manage Regulatory and Compliance Risk Impacts on Your Organization
Identify and Manage Operational Risk Impacts on Your Organization
Identify and Manage Operational Risk Impacts to Your Organization Storyboard
Operational Risk Impact Tool