Third party risk management
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Third-party risk Management is a relatively ignored area – when the expectation today is to go to the 4th, 5th, and 6th parties also. Our long, deep, and complex supply chains demand a lot more focus on this. Our expert for the day, Daman, will focus on key issues related to TPRM and will demonstrate a couple of tools that he has developed (first unveiled at the BCI World Hybrid 2024 in London on 30th October) to help organizations manage third-party risks (specifically – those related to vendors) better. These simple but effective tools have been detailed in his book ‘My Experiments with Third Party Risk Management’ (going to press in a week and to be available globally). With over 38/ 18 years in the industry/ Resilience domains,
Daman Dev Sood is a Certified International and Corporate Trainer. In his professional journey (TCS, Xansa, EY/ HSBC, SAFE, Chitkara University), he has played multiple senior roles including Group Head, Practice Head, COO, CIO, VP, Board Member, Program Director, Professor of Practice, etc. Daman is a widely traveled (20 countries), spoken (over 100 events), and published (8 books) expert. He has served over 100 clients across countries and industries and trained over 3000 professionals across the globe. Daman is a Professor of Practice (Chitkara University), Director, DBD Training & Consultancy (OPC) Private Limited, and Chair PR&P Standing Committee IEEE Delhi Section.