At the 2021 Onetrust Trust Week, (VRM) LevelUP’s on demand session focused on the added value of a vendor risk management program. As business models and the associated risk landscape continue to evolve, governance, risk and compliance (GRC) professionals can increase the impact of their VRM programs by engaging a cross-functional set of stakeholders. This allows for better management of risk and alignment to organizational objectives. By incorporating broader operational, financial, and reputational risk domains, GRC programs can deliver more valuable risk insights to a larger audience of decision makers.
Learn how streamlining and centralizing VRM activities into a shared service model can be a hidden driver of operational efficiencies. The session, just over 15 minutes, can be viewed below.
Colin Brown co-manages LevelUP Consulting Group’s core service offerings, leads our management consulting and third-party risk management services, and supports strategic initiatives. He has extensive experience providing strategic consulting services to organizations ranging in size from small private enterprises to Fortune 500 companies. Throughout his career Colin has focused on helping clients design, implement, and manage their compliance, cybersecurity, and privacy programs. He has worked with clients in a variety of industries including life sciences and pharmaceuticals, quick service restaurant, hospitality, software, retail, and financial services. Colin previously worked at a global professional services firm where he helped clients manage large compliance initiatives.
Learn more about Vendor Risk Management through our Total TPRM solution.