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.
Strategic Risk Impact Tool
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Identify and Manage Strategic Risk Impacts on Your Organization
Build adaptive resiliency into your strategic plans to adjust to ever-changing market dynamics.