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Preparing for the Unexpected

Third Party Risk Management w/ Daman Dev Sood

Apr 3, 2025
51:58

Join me once again as I speak with trainer, scholar, resilience professional, researcher, and author, Daman Dev Sood. In this episode we talk about his latest book "My Experiments with Third Party Risk Management" - a topic top of mind for many businesses.  During this episode we touch on: 1. Defining 3rd Party Risk Management 2. What is a vendor?  3. Parameters of Risk (related to 3rd parties),  4. Regulation, guidelines, and mandates,  5. TPRM in Operational Resilience and Business Continuity Management,  6. Performing a 'Materiality Assessment' (and it's 5 step approach),  7, Weighing vendors,  8. Performing a 'Substitutability Assessment', 9. RFI and RFPs,  10. Maintaining the evaluation of vendors (and its timing),  11. Chief Data Manager...and more.  Daman once again shares some valuable insights on a topic that it top of mind for many business leaders and their organizations. Don't miss what Daman has to share - it will help you. Enjoy!

 

Daman Dev Sood

Over 36 years in the industry, over 16 years in Resilience (Organisational Resilience, BCM, Risk Management, Crisis Management), international traveler/ worker, practitioner-trainer-consultant-auditor, author-speaker, served various companies in various sectors, multiple successful/ certified implementations, over 9500 hours of training/ teaching, multiple national and global awards winner - this is what I bring to table for my customers.

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