The concept of social accountability is gaining in importance as enterprises strive to protect their reputation by better managing third-party risks across their business. Ensuring compliance with stringent regulations like anti-corruption, conflict minerals and financial services accountability remains critical in this endeavor. 

Organizations have come a long way; as employees, facilities, and operations become more complex, dynamic, and distributed. Today, businesses are extended both geographically, and also across a maze of relationships spanning suppliers, vendors, contractors, outsourcers, service providers and more. 

As organizations continue to expand their operations and collaborate with other stakeholders in new ways, their risk exposure also increases. In order to drive a culture of social accountability, organizations must monitor, manage, and mitigate a variety of risks pertaining to their policies that extend to third parties. This can help streamline third-party management and due diligence efforts.

Furthermore, implementing new standards and codes of conduct can instill enhanced stakeholder confidence in an organization’s products and services. More frequent third party audits, certifications, and continuous improvement can lay the foundation for creating a fair and safe working environment.

Join Michael Rasmussen, Chief GRC Pundit at GRC 20/20 Research, LLC and Vinay Bapna, Associate Vice President of Marketing at MetricStream during this webinar as they share the best practices in managing risk across the extended enterprise ecosystem. 

Key points that will be discussed during this webinar include:

  • Defining social accountability practices and standards
  • Monitoring business risk exposure based on international labor and safety
  • Managing social accountability across the supply chain
  • Best practices and lessons learned from other organizations
  • Leveraging technology to manage social accountability

Attend this webinar
This webinar is scheduled to take place on January 29, 2014 at 10 AM Pacific Time. To register for this webinar, and to learn more about the webinar and the speakers, please click here.

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(

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