The new extended enterprise: Resetting the front line
An organization's extended network of suppliers, service providers, alliances, and joint ventures represents significant value, but often that value is not fully realized. Effectively managing a complex extended enterprise requires a different approach where the board of directors and management have clearer sight lines and accountability. We'll discuss:
- Risk management challenges presented by the three lines of defense—risk identification, management, and monitoring.
- Strategies for making a governance shift.
- Benefits of resetting, including increasing revenue and neutralizing margin compression, minimizing and mutualizing management costs, and improving efficiencies while reducing regulatory issues.
Participants will learn how resetting the lines to address cyber, reputation, and financial risks may accelerate the extended enterprise's value.