From Ad Hoc to Agile: Set Your Course for Third-Party GRC Maturity
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
Better business is built on acting with integrity. It commands better performance, delivering better efficiency, collaboration, and financial outcomes. It inspires trust. But better business is more than that – it’s about lifting the ethical standard of an entire business ecosystem to build a better world.