2min chapter

Risk Management Show cover image

Unpacking TPRM's Split Focus: What It Means for Risk Managers in 2024 with Loren Johnson

Risk Management Show

CHAPTER

The Strategic Importance of Third-Party Risk Management

This chapter explores the critical role of third-party risk management in contemporary business practices, emphasizing its strategic importance. It discusses how regulatory factors influence risk management and encourages companies to see it as a crucial investment rather than just a compliance requirement.

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