How do we actually address Supply Chain Concentration and Resilience Risk? Disaster has a way of bringing 'supply chain’ into the common lexicon. In the aftermath of the 2011 Tohoku earthquake, major companies including Apple and Toyota experienced shortages of...
Business Resiliency
The Next COVID-19 Shoe to Drop: Actually, it’s Potentially an Avalanche of Shoes
After 16 years as a risk leader at Deutsche Bank, Victor Meyer recently joined Supply Wisdom as the COO. Supply Wisdom®️ is a real-time and continuous risk intelligence and monitoring solution that covers 14 categories of third party and location risks across over 300...
Resilience Under Pressure: Putting The Shared Assessments Framework Into Action
With the support of BitSight, Shared Assessments kicked off pre-summit events with the “Putting the Shared Assessments Framework Into Action” workshop. From webcam to laptop, the online workshop was a successful exchange of knowledge mapping out navigable routes...
Emergent Responses To Emergent Times
Authors: Bob Jones, Tony Manley and John Bree The third party risk management community finds itself swimming in the maelstrom that has resulted from the shock to world systems generated by the pandemic. Having to work remotely (its own challenge), while...
Can Stressed Chains Become Smarter Chains?
Shared Assessments’ Operational Technology Risk Management Working Group has been discussing the impact of the pandemic on factory floors across the world. The COVID-19 pandemic’s expansion has led to labor constraints across the globe. Companies are...
Overview Of The Enterprise Resilience Pandemic Webinar
On Thursday, March 26, Cathy Allen (Founder and Chairman, Santa Fe Group), Atul Vashistha (Chairman and CEO, Supply Wisdom), Mike Jordan (Vice President of Research, Shared Assessments) joined in a discussion moderated by David Perez (CEO, Shared Assessments/The Santa...
Mother Nature, The Ultimate Regulator
Headlines like “Coronavirus Outbreak,” “Killer Cyclone”, “Catastrophic Bushfires”, and “Deadly Earthquake” are happening with alarming and increasing frequency. Unfortunately what were “once-in-a-century disasters” are taking place with frightening regularity. Extreme...
The Shared Assessments Program 2017 Strategic Risk Management Initiative
The Shared Assessments Program is the only organization that has uniquely positioned and developed standardized resources for managing the complete third party relationship lifecycle. Such standardization is critical to the advancement of effective, secure third party...
Setting Expectations for Your Third Parties
Risk Rating During On-Boarding Including third party risk rating as a strategic part of a robust risk management program provides the opportunity for early identification of the wide range of issues that ripple through both regulated and unregulated industries...
Building Your TPRM Program
PwC’s report highlighting monitoring of vendor networks by means of supply chain risk analytics focuses on the fact that the volume and transactions of outsourcing amplify risk. “The increasing severity of consequences for regulatory violations by vendors in complex...