How do you manage vendor risk?
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IT Manager in Constructiona year ago
May please be more specific?
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What is your organization's biggest challenge in achieving mature IT process management?
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Adopting data analytics for predictive process optimization.9%
Embedding a culture of continuous improvement and stakeholder buy-in. 26%
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Using OKRs within some business units42%
Using OKRs enterprise wide7%
we are re-looking at this area in light of AI and other factors; including, so many 3rd party and 4th party breaches. We are looking at implementing a robust 3rd party risk/supply chain risk mgmt program. This will take time and we have been doing research. Looking at industry best practices as well as industry std tools. We know in light of so many things that are happening we must have an evolving posture in this area.