{ "docId": "019dd923-5de0-76bd-a16a-e4d393602b7b", "docSlug": "52c2577c209255d7", "documentTitle": "Global third-party risk management survey 2022", "authorId": "Deloitte", "authorName": "Deloitte", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.778, "pageNumber": 31, "pageCount": 46, "prevPage": 30, "nextPage": 32, "slideType": "key_messages", "function": "present_solution", "density": "overcrowded", "nDataPoints": 0, "notes": "The slide uses a navigation sidebar on the right, highlighting section 4.", "elementsJson": [ "headline_text", "paragraph", "bullet_list", "other" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5de0-76bd-a16a-e4d393602b7b/31", "deckHref": "/decks/019dd923-5de0-76bd-a16a-e4d393602b7b", "deckJsonHref": "/decks/019dd923-5de0-76bd-a16a-e4d393602b7b.json", "deckAnchorHref": "/decks/019dd923-5de0-76bd-a16a-e4d393602b7b#slide-31", "components": [ { "bbox": null, "kind": "callout", "text": "Clearly, this is where an end-to-end TPM managed services solution can help. One that bundles expertise with emerging automation technology.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-0493-74cf-be8d-04cbf5346b81", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.68, "x": 0.04, "y": 0.37 }, "kind": "list", "text": "The common challenges (that often encourage organizations to seek external assistance) to developing in-house talent and technology capabilities include: New opportunities and/or disruptive technologies are not well understood; Slower adjustments to shifts in market trends and regulatory requirements; Staff are focused on legacy technology and their skills are often out of date; Existing approaches are not service-oriented or adaptive to business; Service delivery is slow and unresponsive.", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e90e5a8a-47d9-4faa-b387-9dcd8e4a8e71", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.65, "w": 0.18, "x": 0.81, "y": 0.17 }, "kind": "list", "text": "Foreword; Key findings; 1. Addressing ESG risks; 2. Managing third-party resilience; 3. Integrated/holistic third-party management; 4. External assistance & managed service solutions; 5. Key post-pandemic TPRM trends; Respondent profile; About the authors; TPRM contacts; Glossary; Appendix", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e911f0b2-c024-4e36-9131-f655bb13fce6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.68, "x": 0.04, "y": 0.28 }, "kind": "paragraph", "text": "Deloitte specialists believe that managed service solutions are here to stay. While it is true that building talent and technology capabilities in-house can sometimes provide cost advantages, the problem is that it can also limit speed and agility.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3d1ade19-11ca-49c0-8a7d-88c4875df72b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.68, "x": 0.04, "y": 0.79 }, "kind": "paragraph", "text": "With all these challenges comes the opportunity to benefit from real-time decision-making and to leverage diverse yet interconnected analytical insights. Clearly, this is where an end-to-end TPM managed services solution can help.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5ff17256-1505-4371-8e35-c6bb05c98ab8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.68, "x": 0.04, "y": 0.53 }, "kind": "paragraph", "text": "Our survey shows that managed service solutions from more established external providers also enable organizations to take advantage of disruptive solutions that challenge traditional approaches. These include cloud technologies, robotics process automation (RPA) and artificial intelligence (AI).", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "98cd56e3-a081-4011-928b-abb003cbcc74", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.68, "x": 0.04, "y": 0.19 }, "kind": "paragraph", "text": "Deloitte point of view and predictions: Our research indicates that TPRM processes are being revolutionized by disruptive shifts in the market. Organizations must think, organize, and work differently to respond to highly integrated market disruptors.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ca1758ff-0696-466e-bacb-0dbc8fb69476", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.68, "x": 0.04, "y": 0.69 }, "kind": "paragraph", "text": "At the same time, the ever-changing business environment demands refreshed priorities and new engagement models. While some organizations continue to focus strictly on cost reduction, others are looking, for instance, to self-funding models where savings achieved via external expertise are automatically directed to transformation, creating new revenue sources, or acquiring customers.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d1b2d0f5-0107-4f2e-bbb0-1f3fa79b905d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.68, "x": 0.04, "y": 0.62 }, "kind": "paragraph", "text": "As a result, organizations are rapidly replacing traditional fixed term, fixed scope partnerships (often associated with sunk costs) with more flexible consumption and unit or volume based constructs that the managed services platforms provide.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "eb48de95-46ab-4f62-9d2e-a6dfc8bff206", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.5, "x": 0.03, "y": 0.05 }, "kind": "title", "text": "External assistance and managed service solutions", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0587d071-d3d2-491f-8fec-de6d87ed0fc1", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Audience Definition", "slug": "audience-definition", "agent": "Storyteller", "layer": "slide", "matchId": "e00cc0ac-9a81-42fa-970b-45323934aa2b", "evidence": "Deloitte point of view and predictions: Our research indicates that TPRM processes are being revolutionized by disruptive shifts in the market.", "confidence": 0.6 }, { "name": "List presentation", "slug": "list-presentation", "agent": null, "layer": "slide", "matchId": "5b7e0540-f764-4336-ad86-39edaa999183", "evidence": "The common challenges (that often encourage organizations to seek external assistance) to developing in-house talent and technology capabilities include: New opportunities and/or disruptive technologies are", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [ { "to": 46, "from": 25, "beatId": "e29e7cb7-9a23-4d32-bab6-af92a1a9edd1", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The remaining sections provide key takeaways, trends, and conclusions, as well as appendices with additional data and information", "position": 3, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }