22 Industrial Management
Managing soft risk
BY MONICA OSPINA
EXECUTIVE SUMMARY
Companies that are expanding into low-wage
locations need to look beneath the surface to
find hard-to-measure risks – also known as soft
risks – that can derail success. A proper audit that
provides solutions to these challenges can make the
difference between initiating a growing enterprise
or presiding over an overseas disaster.
IM MarApr 2014.indd 22 3/24/14 12:13 PM