Managing Risk in the Extended Enterprise Best Practices for Working with Suppliers, Partners, and Contractors

Excerpt: Companies expend significant time, effort, and budget to mitigate risk and maintain compliance across the enterprise. They do this by providing risk managers with full visibility into business activities, by implementing effective operational safeguards, by keeping up-to date on ever-changing regulatory mandates, and by taking other appropriate steps to protect the interests of employees, shareholders, customers, and the general public. Fulfillment of these corporate responsibilities is a major challenge—since both the business and the environment of risk and regulation in which the business operates are often complex, large in scale, and highly dynamic.  Read more...

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