Global Learning for Operational Leaders
Introduction
Course overview
Modern organisations depend on suppliers, distributors, agents, outsourcing partners and technology providers for critical activities. Each of these relationships can expose the organisation to bribery, sanctions breaches, data leaks, operational failure, reputational damage and regulatory penalties, often without the organisation having direct control.
This Third-Party Risk Management and Due Diligence training course provides a complete, practical approach to managing risk across the third-party life cycle. Participants learn how to build an inventory of third parties, segment them by risk, design proportionate due diligence, negotiate protective contract terms, monitor ongoing performance and risk, and manage exit.
The course draws on recognised good practice in compliance, procurement and operational resilience, and shows how to coordinate the many functions that share responsibility for third-party risk.