Relationship Risks and the Impact of Current Economic Conditions at the Enterprise Level

Summary: In today's economy, many companies are highly dependent upon external business relationships to achieve business objectives and shareholder value. More and more, corporate growth and business success are supported through outsourcing, licensing, strategic alliances and joint development arrangements. These extended business relationships comprise what is now a widespread business model: the extended enterprise. However, contracting alone cannot guarantee the success of a relationship or performance accountability, and does not eliminate the associated risks. In short, you cannot outsource certain risks. Our guest speakers discuss proactive strategies that can help enterprise-level relationships move to create trust and value. Highlights: What kinds of risks might a company encounter with extended business relationships at the enterprise level? How does an organization's risk profile change with economic cycles? How might a company put together an approach for a sustainable contract risk and compliance process? How can executives prepare themselves to take advantage of an upward economy? Guests: Sandy Pundmann, partner, and Governance Risk & Regulatory Audit & Enterprise Risk Services functional leader, Deloitte & Touche LLP David Zechnich, partner, Contract Risk & Compliance, Deloitte & Touche LLP