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.
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.
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.
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
Black Swan Third Party Risk: How to Master the Unpredictable In our ever-evolving world, increasingly volatile markets, businesses, and geopolitical environments make black swan events more likely each day. Companies must become prepared for any and all potential risk scenarios, particularly when it comes to third-party relations. It is essential for organizations to secure their…
Unlock Your Team’s Full Potential: 7 Steps to Mastering Legal Collaboration Legal collaboration is an art form, merging efficiency and risk management to streamline a team’s workflow and maximize their performance. Whether your team is small or large, mastering the seven key components of legal matter management will help you create an efficient, secure way…
Adopting AI to support the Legal Function Artificial intelligence being implemented in many areas of the legal industry, such as contract review, document automation, due diligence, and even eDiscovery. To ensure you are making the right investment, it is important to understand the reasons for investing in a legal AI tool and the capabilities or…