Chapter 2 Risk Intelligent Supply Chains and the I-Quartet Model

DOI: 10.4324/9781315300368-4

When there is an unknowable, there is a promise.

—Thornton Wilder1

To achieve anything, you must be prepared to dabble on the boundary of disaster.

—Stirling Moss2

Risk is no longer something to be faced; risk has become a set of opportunities open to choice.

—Peter L. Bernstein3

2.1 Introduction to Risk Intelligent Supply Chains

In Chapter 1, I discussed the status of the global supply chain networks and their fragility. I also presented the supply chain risk perceptions of business executives in Turkey. It should now be clear that a diverse set of risks from all directions has been continuously hurting supply chain networks and the companies ...

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