As more organizations here in North America and overseas increasingly utilize third party vendors with a global presence to perform critical functions, process key transactions and provide exposure to sensitive proprietary information, those organizations with mature third party risk (TPR) programs are receiving a loud call to provide assistance to those new to the TPR field.
The partner in charge of an audit of a client company has two functions; (1) as boss of the auditors who will check the company's records to ensure the accuracy of its accounting statements, (2) to manage the relationship between the auditing firm and its client, the management and audit committee of the board of directors.
Consider your brand a living thing. It has a unique personality and characteristics you can't fully control. Over time, you can watch it grow, nurture it, and guide it to fit its environment perfectly. But sometimes your brand begins to deviate from the factors that support it, and your strategies start to suffer as a result.