Board Benchmarking’s Post

CEOs adopt a proactive 'not if, but when' stance on risk management. Strengthening supply chain resilience involves diversifying sources, establishing local production hubs, and crafting meticulous contingency plans. It's not just about overcoming disruptions; it's about being prepared for them. #supplychainresilience #ceostrategies #riskmanagement

Director Reference Guide: Board Governance for a Resilient Supply Chain The purpose of Board governance for a resilient supply chain is to establish strategic oversight, risk management protocols, and accountability structures that ensure the organisation can effectively anticipate, adapt to, and recover from disruptions. Boards are critical in setting the tone at the top, defining risk tolerance levels, and fostering a culture of resilience throughout the organisation. By actively engaging in discussions around supply chain strategy, monitoring key performance indicators, and aligning business objectives with risk mitigation efforts, the Board can enhance the agility and robustness of the supply chain, ultimately safeguarding the organisation's long-term viability and competitive advantage. #sustainability #boardofdirectors #supplychainsustainability #corporategovernance #corporateresilience #organisationalhealth

Managing internal risks is crucial for any organization's success. Cherelle Johannes highlights the importance of identifying and mitigating potential threats from within—a must-read for all business leaders and risk management professionals. https://ow.ly/Awzu50Qn42e

In our increasingly interconnected world, corporations are facing webs of intersecting risks whose combined impact is difficult to predict and manage. These compounding risks can threaten your organization’s survival.    To help CEOs, boards, and risk management functions prepare, we have outlined the four steps leaders can take to identify, monitor, and address compounding risks. You can read more here: https://lnkd.in/evs3Cew8 #Risk #Strategy #riskmanagement

How does your company track & manage internal risk?

As global events continue to impact critical supply chains, the importance of supply chain resilience in National Security and Federal operations cannot be overstated. My Govini colleague, Nathan Ruiz has penned a compelling analysis on how the U.S. can enhance its supply chain frameworks in light of recent global challenges, from the pandemic to geopolitical tensions. This piece is particularly relevant for those in the intelligence community and federal agencies, highlighting innovative strategies and best practices to navigate and mitigate risks effectively. Dive into the full article to understand the cutting-edge approaches that can transform supply chain risk management from reactive to resilient. 🔗 Read it here - https://lnkd.in/eidEaWYB 🔍 Why it matters: Ensuring the robustness of supply chains is vital not just for current stability but for long-term national security. #scrm #supplychain #nationalsecurity #intelligencecommunity

Vendor Centric’s April webinar, Crucial Connections: Third-Party Risk Management Strategies, is your guide to bolstering operational resilience. Hear from industry leaders like our Founder and CEO, Tom Rogers, John Bree of Supply Wisdom, and Eric Evans of RapidRatings as they dive deep into the essentials of managing third-party risks. 🗓️ April 23rd | 🕛 Noon EST ✅ Expert Speakers ✅ Practical Strategies ✅ Best Practices Secure your spot! ➡️ https://zurl.co/pNmw #VendorCentric #TPRM #Third-Party Risk

I hope you can join me, John Bree and Eric Evans for next week's webinar on ways to strengthen operational resilience through third-party risk management. Outsourced vendors, critical suppliers and certain SaaS technologies can create havoc to YOUR operations when things go wrong with THEIRS. We'll be sharing lots of best practices and practical tips for managing these high-risk relationships. Link to register is below. 👇 #thirdpartyrisk #operationalresilience #vendormanagement

💡 🔊 1. Lean forward at the office level, instead of waiting for the enterprise solution.   2. Harness data to understand identified supply chain risks. 3. Facilitate live collaboration across teams and programs.  4. Monitor the ecosystem continuously beyond initial purchase.  5. Go beyond risk identification: create the systems to automatically mitigate them. Govini; Nathan Ruiz #SupplyChainRiskManagement #SCRM #ICTSCRM #CSCRM #Logistics #Logistician #ProductSupportManager #PSM #Readiness #ReadinessManagement #DOD #DefenseSupplyChain #DefenseLogistics

What are the critical elements of an enterprise-level supply chain risk management strategy? ✅ Harness data to understand identified supply chain risks. ✅ Facilitate live collaboration across teams and programs. ✅ Go beyond risk identification: create the systems to automatically mitigate them. For #SupplyChainIntegrityMonth, Govini Senior Vice President Nathan Ruiz outlines how to to build supply chain resilience across federal agencies. Check out his blog for more. https://lnkd.in/eSPcShAi