Why Most Procurement Risk Programs Fail (And the 4 Step Fix)

Procurement teams love to talk about risk. Most of them never actually manage it. In this Proc N Roll: Track, Conrad Smith lays out the biggest failure he sees across dozens of procurement orgs every month — stopping at "awareness" and never moving to mitigation — and introduces the four-step framework that separates real programs from glorified questionnaires: Define. Measure. Manage. Monitor. Natasha Gurevich reinforces the enterprise mindset with her "20 burning platforms" principle: you can't fix everything, so pick the riskiest risks and actually work them. This Track is pulled from https://open.spotify.com/episode/0JvE9vi3x5eYWldEvhQNWl?si=uUFbJcaTSKKuitN7utuSCA About Proc N Roll:Your guide to practical procurement, where we make procurement rock and roll.Hosted by Conrad Smith (Founder of Graphite Connect, former CPO at Adobe, and Intel), Natasha Gurevich (former CPO at Nike, Salesforce, McKesson, and IBM), and Zachary Bachir. Three procurement veterans with almost 70 years of combined practical experience, unpacking the trends, skills, and real-world lessons that shape the profession.