Vendor management professionals are in an excellent position to collaboratively pull together resources across the organization to determine potential risks. Basically, by playing the “what if” game and asking probing questions to draw out – or eliminate – possible negative outcomes, everyone involved adds their insight into parts of the organization to gather a comprehensive picture of potential impacts.
Comprehensive Risk Impact Tool
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Looking at Risk in a New Light: The Six Pillars of Vendor Risk Management
Approach vendor risk impact assessments from all perspectives