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Printable Handouts
Navigable Slide Index
- Introduction
- Neo Group overview
- A few of our premier clients
- Agenda
- Why monitor locations and suppliers?
- What’s happening in TPO
- Quick poll
- Operationalize risk management process
- A risk model helps pull it all together
- Identified key risks by categories
- Creating an executive dashboard
- Governance: acting on changing risks
- Acting on changing location risks
- Providing insights and guidance
- A balanced scorecard view
- Risk management and impact on governance
- It prompted risk avoidance
- Prompted opportunity gains
- Thank you
This material is restricted to subscribers.
Topics Covered
- Third party oversight
- Operationalize risk management process
- 'Supply Wisdom' real-time risk model
- Risk management and the impact on governance
Talk Citation
Vashistha, A. (2015, June 2). Knowledge empowering risk management [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved November 23, 2024, from https://doi.org/10.69645/HAYH7368.Export Citation (RIS)
Publication History
Transcript
Please wait while the transcript is being prepared...
0:00
The topic for today
is around risk management.
And risk management particularly
focused around third party
oversight, which is oversight of
suppliers that you may leverage,
particularly around outsourcing.
I'm Atul Vashistha, and I'm the
chairman and CEO of Neo Group.
0:19
I want to give you context
of where I'm coming from.
Neo Group is a
company that I founded
in 1999 with the sole
purpose of helping
companies be better globalizers.
For companies to better manage
their whole global services
supply chain, and their
life cycle around strategy,
sourcing, and governance.
And in that journey,
what we have learned
is that risk plays a very big role.
Especially as operations
happen at scale,
and happen in many
different locations.
Companies need to pay
more attention to risk.
Not just risk of their suppliers,
but also risk of locations.
0:57
And in this journey we've been
fortunate to serve a number
of different clients
across industries
from banking and financial
services, to retail, to others.
And that has really given
us a lot of experience,
and more importantly, many case
studies in terms of how companies
manage risk, what kind of models
they build, what kind of scorecards
they build.
And I shall be talking
about that today.
1:21
So the agenda today
is going to focus
on first giving you a
background on what's
happening in third party oversight.
How to operationalize
risk management program,
really from theory to practice.
And as I walk through this, I'll
make sure I use examples of clients
and their programs to illustrate how
companies are actually doing this.