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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.