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Global survey on partner risk management in 2020 From Deloitte Consulting

The following is the Global survey on partner risk management in 2020 From Deloitte Consulting recommended by And this article belongs to the classification: Deloitte Consulting , research report.

Extended enterprise risk management (eERM) is also called third party risk management. The organization’s partners include many third parties, such as suppliers, distributors, distributors and franchisees. They may be an important source of competitive advantage, but they may also bring significant risks.

Deloitte’s fifth annual eERM global survey abstracts the views and observations of 1145 respondents from 20 countries around the world on partner risk in 2020. The respondents who participate in the survey are usually responsible for the governance and risk management of partners in their enterprises. The report highlights a number of key themes, the impact of cowid-19 on managing partner risk, and our forecast of eERM trends for 2020-2021.

“In the past few years, companies have increasingly relied on partners to achieve their strategic goals,” said Peng Cong, managing partner of Deloitte China business partnership risk. In 2020, the business environment under COVID-19 brought us more cases, suggesting that enterprises should pay close attention to the huge impact of partners’ risks. With the pressure of external supervision and the need of internal management, executives are paying more attention to partner risk management than ever before

Nearly one third (32%) of the respondents think that partner risk management is a top priority project, which is the highest level of research over the years;

However, 72% of enterprises are not satisfied with their partner risk management technology. The core challenge is the lack of centralized partner information base;

Therefore, by increasing investment, enterprises are strengthening partner risk management, promoting transformation, and ultimately enhancing enterprise resilience through a) introducing emerging digital technologies; b) more fully borrowing the support of professional institutions. “

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