The Growing Importance of Actively Managing Geopolitical Risk in Global Sourcing
Monitoring and managing the risks associated with offshore and global sourcing – tasks often discussed but occasionally underestimated and neglected – is critical for all buyers and providers of business and IT services. The sudden rapid escalation of political strife in northern Africa reminds us all of the geopolitical volatility that exists in the world today, just as the Indian terrorists attacks of 2008 and the events of 9/11 were abrupt and unexpected (to many) fatal reminders of the potential rapid economic and political disruption that all countries and markets are at risk of experiencing.