Loss of investments or unpaid debts.
The partner does something that damages your reputation.
Process failure or inefficiency such as late delivery that disrupts production.
The risk of a legal dispute with the partner.
Compliance violations or costs related to the partner.
Becoming dependent on the partner such that they gain leverage over you.
Difficulties to end the partnership such as a need to change processes, systems and data.
Intellectual Property Risk
Loss of intellectual property such as trade secrets to the partner.
Cybersecurity threats and vulnerabilities that originate with the partner.
Risks related to political disruptions in the country of the partner.
Quality issues related to the partner.
The risk that cooperation with the partner will be inefficient due to different organizational cultures.
The risk that the partner will damage the environment. This is your extended responsibility.
Social Responsibility Risk
The risk that the partner will have a negative impact on people.
|Overview: Partner Risk|
The potential that a partner will fail to meet obligations to you.
A supplier that fails to deliver a critical component for a production process.An IT consulting company that fails to deliver a technology transformation project to expectations.A financial partner who goes bankrupt.