Vendor Management White Papers
Banyan is a learn-it-all company. We publish what we learn in our blog and occasionally research long-form articles and case studies.
Managing 3rd Party Risk with Technology Vendors
By Steven Nichols, MBA & Linda Kostic, Ph.D
Technology vendors and other 3rd parties are an essential part of how businesses operate and create stakeholder value. These vendor relationships, however, also increase the risk of an interruption in service, exposure of corporate data, ransomware attack, or other impactful event.
Vendor Governance for IT Vendors
By Steven Nichols, MBA & Chris Johnson, MBA
By incorporating vendor governance and communication guidelines and cadences into the RFx, agreement, and relationship, we can avoid a few traps early in the process and create a foundation for a growing, flexible relationship that meets the needs of both the vendor and the client.
Measuring Technology Vendor Business Value
By Steven Nichols, MBA
Technology vendors are a high point of leverage for creating business value, but that value can be difficult to measure. Quantifying business value helps technology leaders make good decisions about which investments to pursue, which vendors to hire, and how to measure their performance.
Read some of our Short form blog posts on Vendor Management
Reducing Cybersecurity Risk for Small Businesses: A Guide to Seeking Outside Support
Small businesses are just as vulnerable to cybersecurity threats as larger firms. In this article, we’ll discuss the first guide in a five-part series on using outside firms to reduce your cybersecurity risk. Developed by the Cyber Readiness Institute, we’ll show you how to identify your “crown jewels” and assess your cybersecurity risk. If outside…
Smart Contracts: Transforming the Supply Chain
Smart Contracts: Transforming the Supply Chain Supply chains have long been plagued with inefficiencies, ultimately leading to problems such as product delays, cost overruns, and inferior customer experiences. The introduction of blockchain technology provides a potential solution, with smart contracts at the forefront of this revolution. (Learn more February 1st when we present to the…
IT Vendor Risk
IT Vendor Risk Management Co-authored by Steven Nichols, MBA & Dr. Linda Kostic Technology vendors and other 3rd parties create leverage, flexibility, and scale for their clients. They are an essential part of how businesses operate and create stakeholder value. These vendor relationships, however, also increase the risk of an interruption in service, exposure of…