In today’s economy of competitive margins and increased regulation stemming from SarbOx and the like, businesses have significantly increased internal approval processes - “Governance gateways”. These governance gateways assist in ensuring the business only enters into commercial negotiations for Services that are within the businesses gift.
Signing the wrong deal can kill reputation and choke a business. We live in a world where large organisations face pressure to delight their shareholders, protect their employees whilst operating in an environmentally responsible way. Nowadays negative PR and loss of face in the press can have disastrous effects on a lot more than your share price.
Blake Newport’s experience in both the public and private sectors greatly assists our clients in getting through the governance process as quickly as possible; ensuring full stakeholder buy-in through a process of highlighting and addressing deal principles and key risks as early as possible.