"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh Pal
In today's interconnected world, the strength of your business lies not just in your own operations, but in the integrity and reliability of your third parties. Whether they are suppliers, service providers, or strategic partners, the risks associated with these relationships can make or break your organization.
This book is your guide to navigating these complex relationships confidently and precisely. Drawing from extensive experience in risk management, this book takes you on a journey through the intricacies of TPRM), offering you practical, actionable strategies to safeguard your business.
Inside, you will find:
1. A comprehensive understanding of third-party risk management, including the foundational principles and key considerations you need to know.
2. Step-by-step guidance on developing and implementing a robust TPRM program, integrated seamlessly with your Enterprise Risk Management (ERM) strategy.
3. Insightful frameworks and standards, ensuring your approach aligns with industry best practices.
4. Practical advice on due diligence, onboarding, and contract management, complete with tips on crafting effective Service Level Agreements (SLAs).
5. World case studies that provide valuable lessons of TPRM implementations.
More than just a guide—it is a full kit filled with the knowledge, strategies, and tools you need to manage third-party risks effectively and will empower you to build stronger, safer, and more resilient partnerships.
Prof. Daman Dev Sood
With over 38 years in the industry and over 18 years in the Resilience domains, Daman is a Certified International and Corporate Trainer with over 15500 hours of training/ teaching experience, and 100% NPS.
In his professional journey (with corporates like TCS, Xansa, Continuity & Resilience, Cityinnovates, EY/ HSBC, Chitkara University), he has played various senior/ executive roles like Principal Consultant, Group Head, Practice Head, COO, CIO, VP, Board Member, etc. He is currently the Director at DBD Training & Consultancy (OPC) Private Limited.
He has travelled/ worked to/in over 20 countries, is a global speaker, a LinkedIn Top Voice, and has authored 10 books.
He has served clients in various industry sectors like Government, IT, Banking, Financial Services, Insurance, Telecom, Marine, Manufacturing, Pharma, Power, Media, Trading, Utilities etc.
On his journey, he has won multiple national and global awards and has also been inducted into the BCI Hall of Fame.
He spends considerable effort on his pro-bono work also.
Daman is a Fellow of BCI, a Senior Member of IEEE, an IEEE Ambassador in India, and the Chair of the Public Relations & Publications Standing Committee - IEEE Delhi Section.
