[New Research] 2021 Trends in Third-Party GRC Management
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

 Dear Global Risk Community member,

 

2020 was the poster child for disruption. Enterprise risks did not stop within the corporation – they extended to employees’ homes and across our third-party relationships. What did we learn in 2020 and how will that affect Third-Party Risk Management in 2021 and beyond?


A new research report from GRC 20/20 looks at lessons learned from 2020 and outlines expected trends for 2021 as it relates to Third-Party GRC.


In the report, principal analyst Michael Rasmussen discusses five strategic trends for Third-Party GRC, including:

  • Integrity: How organizations are re-evaluating their internal core values, ethics and standards of conduct in 2021
  • Resiliency: What companies can do to maintain operations amid uncertainty and change
  • Governance: How organizations need to develop a more assertive approach to governance to ensure greater oversight
  • Federation: How to move from a siloed third-party management approach to a more collaborative approach
  • Integration: How to incorporate external content and enterprise systems into the third-party risk ecosystem

For a deep dive into each trend and the supporting driver click here to access the full GRC 20/20 Report.

 

Best Regards,

The ProcessUnity Team

 

 

Votes: 0
E-mail me when people leave their comments –

You need to be a member of Global Risk Community to add comments!

Join Global Risk Community

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!