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  "documentTitle": "Third-party governance and risk management The threats are real",
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      "text": "Financial Services (FS)\nEnergy & Resources (E&R)\nManufacturing (MF)\nPublic Sector (PS)\nTechnology, Media and Telecommunications (TMT)\nConsumer Business (CB)\nLife Sciences & Health Care (LSHC)\nBusiness, Infrastructure and Professional Services (BIPS)",
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      "text": "This report reflects the survey responses of over 170 senior members of management from a variety of organizations across all industries. The respondents were typically responsible for governance and risk management around third-parties, including Chief Finance Officers, Heads of Procurement/Vendor Management, Chief Risk Officers, Heads of Internal Audit and those leading the Compliance and Information Technology (IT) Risk functions in organizations. The respondents represented eight major industry segments covering:",
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      "text": "The results show that TPGRM is starting to rapidly mature in many organizations, not just to enable enterprise-wide visibility of the risks that third-parties present, but, more importantly, to be able to exploit the full spectrum of opportunity that the extended enterprise can create for them.",
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      "text": "The majority of these organizations had annual revenues in excess of US$1 billion. Additional insight was also obtained from subsidiaries of group organizations with some degree of decentralization around third-party management and others with lower annual revenues.",
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      "text": "We hope this report will enable you to enhance your understanding of organizational positioning in relation to your peer group across a number of key issues that span the management of third-parties and related risks in a rapidly-changing context, e.g. increasing decentralization and autonomy of operating units in organizations, disruptive technology and globalization. The peer group perspective should also assist you in strategic decision-making around evolving issues such as emerging delivery models and technology infrastructure for third-party risk management. This, in turn, is intended to help you not merely manage third-party risk, but also highlight the opportunity that third-parties create for your organization.",
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      "text": "Welcome to our 2016 global survey on Third-party Governance and Risk Management (TPGRM). In this survey, we provide the results from over 170 organizations on the key issues and trends impacting their approaches to managing and mitigating third-party risk.",
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