The reliance on open borders, transnational alliances, and global markets for capital, goods, and services has generated a “just in time” economy, which, although remarkably cost-efficient, leaves companies open to a range of discontinuities that can affect operations, reputation, customer habits, legal standing, regulatory compliance, earnings performance, and ultimately shareholder value. We call these new vulnerabilities, collectively, interdependence risk, and define it as unanticipated risk exposure across the extended enterprise that is beyond an individual organization’s direct control.
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