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

Proc-N-Roll : Your guide to practical procurement! · Apr 30, 2026 · 12m

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…