Contract Risk & Compliance For All (Economic) Seasons

Source: Deloitte LLP

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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.
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Date:Apr 2010