2019-2020 Top Insights for the C-Suite

How to Excel at Strategy
and Execution: A Legal & Compliance Perspective

Gartner’s Top Insights for the C-Suite is an annual publication that highlights the critical challenges functional leaders are facing in today’s complex business environment, which is characterised by change, competition, uncertainty — and opportunity.

Download this eBook to learn how legal and compliance leaders can:

Manage third-party risks: Why thinking small is the solution

Third-party risk has been identified as a top threat by twice as many compliance leaders this year. As these relationships become increasingly complex, the need for the wider business to play a greater role is critical — however, 40% of companies lack any clear responsibilities for functional partners. Although most companies focus on large-scale governance or technology solutions to tackle the problem, our latest research reveals that smaller changes in ownership and cross-functional strategies are significantly more effective at identifying and remediating risks. Identify the five key process changes that can help your team to maximise third-party risk outcomes.

Take smarter risks to drive business growth

In times of uncertainty, it’s understandable that legal teams resort to offering risk-averse guidance. However, this is often too conservative, leading to companies being more than twice as likely to see delays when pursuing growth opportunities — or avoiding them entirely. Developed from a survey of over 200 organisations, our insight shows that the best legal teams develop “risk-advising know-how” — a transferable set of knowledge and skills that enables them to offer guidance that’s aligned to risks and business objectives. 

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    Manage third-party risks: Why thinking small is the solution

    Third-party risk has been identified as a top threat by twice as many compliance leaders this year. As these relationships become increasingly complex, the need for the wider business to play a greater role is critical — however, 40% of companies lack any clear responsibilities for functional partners. Although most companies focus on large-scale governance or technology solutions to tackle the problem, our latest research reveals that smaller changes in ownership and cross-functional strategies are significantly more effective at identifying and remediating risks. Identify the five key process changes that can help your team to maximise third-party risk outcomes.

    Take smarter risks to drive business growth

    In times of uncertainty, it’s understandable that legal teams resort to offering risk-averse guidance. However, this is often too conservative, leading to companies being more than twice as likely to see delays when pursuing growth opportunities — or avoiding them entirely. Developed from a survey of over 200 organisations, our insight shows that the best legal teams develop “risk-advising know-how” — a transferable set of knowledge and skills that enables them to offer guidance that’s aligned to risks and business objectives. 

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