Regulatory Risk Impact Tool

Author(s): Frank Sewell

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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.

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Identify and Manage Regulatory and Compliance Risk Impacts on Your Organization

It is easier for prospective clients to find out what you did wrong than that you fixed the issue.

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