Extended Enterprise
Maximise revenue, mitigate risks, & strengthen relationships
In a globalised business environment, no company is an island. The ecosystem of a typical company comprises an exceedingly large number of entities with which the company does business, including customers, partners, agents, affiliates, vendors and service providers. Taken together, these third parties constitute what we have termed “the extended enterprise.”
What is Extended Enterprise?
Extended Enterprise is the practice of anticipating and managing exposures associated with third parties across the organisation’s full range of operations as well as optimising the value delivered by the third-party ecosystem.
Some organisations may use more than 10 000 third parties to meet their business objectives. Do you know who you are doing business with?
Third-party Risk Management
Third parties, such as temporary staff and/or service providers, are becoming increasingly important. Stijn Demeestere and Madhuri Borms discuss the risks, challenges and opportunities organisations are facing today.
Our thinking
