Proactively Identify and Mitigate Vendor Risk – Sample
Organizations often ignore vendor risk management until a risk turns into a threat that becomes costly. This blueprint will help your organization achieve vendor risk readiness by following Info-Tech's methodology:
- Set Risk Strategy and Design
- Identify and Assess Risks
- Analyze Risk
- Respond to Risks
- Monitor Risks
By following our framework, you can mitigate risks from the vendors in your current portfolio and avoid risk completely in the selection process.