@Risk

Today’s guest post is brought to you by Michael Lamoureux, the doctor of Sourcing Innovation. Sourcing Innovation is one of the leading supply management blogs that brings you best practices, education, and innovation in sourcing, procurement, and supply management on a daily basis.

Remember these lyrics?

Birth control, Ho Chi Minh, Richard Nixon, back again
Moonshot, Woodstock, Watergate, punk rock
Begin, Reagan, Palestine, terror on the airline
Ayatollolah’s in Iran, Russians in Afghanistan

Wheel of Fortune, Sally Ride, heavy metal, suicide
Foreign debts, homeless vets, AIDS, Crack, Bernie Goetz
Hypodermics on the shore, China’s under martial law
Rock and Roller Cola Wars, I can’t take it anymore

Not much has changed since Billy Joel released We Didn’t Start the Fire twenty years ago. As you read day-in and day-out on this blog, we’re still surrounded by risk and it’s still affecting you — and your business — on a daily basis. In fact, what you’d be singing today wouldn’t be much different and would probably go something like this: (more…)