Transforming Third-Party GRC Strategies with Executive Buy-in

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Presented by

Colin Whittaker with Shane Hasert, ProcessUnity; Jared Siddle, Protecht; and Theo Zafirakos, Fortra.

About this talk

In today's complex business landscape, effective Third-Party Governance, Risk Management, and Compliance (GRC) strategies are paramount for organizations seeking to thrive and maintain trust in the global marketplace. However, without the support of executive leadership, implementing and maintaining a robust third-party risk management program (TPRM) can be an uphill battle. On this webinar we will address strategies to secure executive buy-in and ensure the success of your third-party risk management program. Attendees will learn how to showcase the substantial ROI that investing in third-party risk management can yield, reducing annual loss expectancy from third-party-related adverse events, including how to: - Craft a persuasive business case that emphasizes the financial benefits of a TPRM program, - Enlist an executive sponsor from the C-suite and equip them with the knowledge and enthusiasm needed to champion your TPRM program effectively, - Build alliances across various organizational functions and align your third-party GRC program with the broader strategic objectives of your organization, - Integrate your TPRM processes into official company policies.
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