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What Is Risk Management?

LogisManager

However, risk management is an umbrella term that accounts for a number of more granular activities. Let’s examine risk management as the sum of the following parts: Enterprise Risk Management (ERM) : Effectively assessing , mitigating and monitoring activities as you uncover critical risks across your entire enterprise.

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Important KPIs for Successful Vendor Management

Reciprocity

Ongoing monitoring of vendor compliance activities assures alignment with your legal requirements because non-compliance with these regulations frequently carries steep fines. Inconsistent business processes result in poor quality and present high risks to service level agreements (SLAs). Benchmark multiple vendors’ performance.

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SIA New Member Profile: IXP Corporation

Security Industry Association

Founded in 1999 and built on the fundamental principle of making communities safer, IXP Corporation pioneered the nation’s first public-private partnership for a 911 communications center, presenting a new operational model for providing mission-critical government services.

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3 Steps to Prepare for 2024 and Beyond with the Risk Maturity Model

LogisManager

By benchmarking your ERM program's effectiveness using the RMM, you can provide an objective assessment of where your organization stands compared to peer industries. Execute a risk assessment and provide your Audit group with the RMM Auditor's guide to verify the program's effectiveness. We all have software vendors.

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3 Steps to Prepare for 2024 and Beyond with the Risk Maturity Model

LogisManager

By benchmarking your ERM program's effectiveness using the RMM, you can provide an objective assessment of where your organization stands compared to peer industries. Execute a risk assessment and provide your Audit group with the RMM Auditor's guide to verify the program's effectiveness. We all have software vendors.