Expectations are high, but business goals don’t relieve third-party risk management professionals of their responsibility to identify risk, evaluate third party controls, and enable effective governance and oversight. This is the “innovation conundrum” – the need for speed and the need to manage risk.

In this 4 hour, self paced certification you’ll learn

  • Critical success factors for selecting “high potential” innovation projects

  • How to onboard third party innovation in 10 days or less

  • Proven best practices for identifying and managing the risks

  • Driving “best value for money”

  • Modifying standard processes to onboard innovation at the speed of change

Course curriculum

This certificate is video-based and includes downloadable tools and templates, and Chapter 14 “Innovation Risk” from best-seller “Third Party Risk Management: Driving Enterprise Value”

  1. 1

    • Introduction - Managing Innovation Risk

    • Code of Conduct
  2. 2

    • The Innovation Conundrum

    • Optional Reading list

    • Solving The Innovation Conundrum

    • Review Questions
  3. 3

    • Innovation Risk
  4. 4

    • Program Charter - sample template

    • POC Risk Rating framework

    • Checklist of Recommended MSA and SOW contractual terms
  5. 5

    • Closing Notes

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Third Party Risk Institute Ltd. members get a special membership discount.