Date Added: Apr 2010
Many companies have become increasingly dependent on external business relationships for their business success and survival. Executives recognize that a contract cannot guarantee the success of a relationship or performance accountability, especially in the current economic climate. In short, you cannot outsource certain risks.
In the wake of economic turmoil and anticipation of a rebound, every organization must choose its own path ? striking a powerful balance between investing in growth, driving efficiency, managing risk and meeting compliance obligations. It's no longer about the downturn or the upturn. It's about your turn.