Managing Political Risk

On December 1st I had the opportunity to give a speech at ParenteBeard's annual Audit Committee Forum. The speech focused on the private sector's management of political risk at the local, state and federal levels. With the lively discussion and frank questions that followed my presentation, it is clear that there is significant concern from a business perspective on how best to mitigate political risk. The q and a got very lively and there was significant concern among the audience regarding the role that the government has assumed in the private sector. The audience also had a number of questions about the European debt crisis, and whether we have people (Republicans and Democrats) in office today in the US Government who have the wherewithal to make the tough decisions that need to be made to move the country forward. We will post a link to the speech shortly.