The queen stage of the Tour de France has never been without mountains. Sometimes, the financial stakes are really high, the assumed risks significant, is your company’s reputation potentially at stake, or the adherence to internal compliance programmes not beyond all doubt.
If your company depends on intellectual property, if any lending or credits must be within the defined funding structures and strategies, or if your business is highly regulated, senior management or executives want to be involved closely. More complex agreements require more attention.
Cyclists should probably not attack on the first mountain. And the Tour organisation must prevent that a cyclist takes the wrong turn of the road. Your company should never be exposed to irresponsible risks. Not without adequate coverage.
That’s a challenge: not everyone recognises all risks inherent to closing a deal, setting up a partnership or distribution channel. Risks may be of all kinds:
or ‘merely’ operational.