“As a new entrepreneur, money is always an issue. Starting out with the right tools and the right advice makes the difference between success and struggle. The money conference is the best starting point, no matter where you are in the business cycle.”  – Dr. Bette Daoust, AuthorsSuccessGuild.com

Trans-Pacific Partnership: Implications for Enterprise Risk Management

Speaker:

Southwell_Carl
Carl Southwell, Principal, Risk and Policy Institute

The Trans-Pacific Partnership (TPP) seeks to “promote economic growth; support the creation and retention of jobs; enhance innovation, productivity and competitiveness; raise living standards; reduce poverty in our countries; and promote transparency, good governance, and enhanced labor and environmental protections” among the United States and eleven other Pacific Rim nations. The United States considers the TPP a companion agreement to the Transatlantic Trade and Investment Partnership (TTIP), a similar agreement between the United States and the European Union.

Learning Objectives:

Among its features, the TPP contains measures to promote trade and establish alternative dispute mechanisms. Each feature of the TPP, however, not only has benefits, but it also has risks. This talk explores the risks embedded in:

  • Formulating public policy as a cost-benefit analysis between public interest and private value creation and
  • Implementing public policy as an exercise in the alignment of governmental, industry, and corporate strategies through scenario analysis.

Employing the tools of enterprise risk management can help business people prepare for their firms’ changing strategies and roles in a world wherein their firm is a party to the TPP or not.

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