288 • Supply Chain Risk Management: An Emerging Discipline
a clear indicator that risk management is maturing and growing as a disci-
pline. In this sense, the evolution of risk management processes and capa-
bilities will be no dierent from any other important process or approach
that we have seen over time.
e “pockets” model also extends to the kinds of risks that a company
must manage. A supply chain organization may be skilled at assessing the
nancial integrity of its current and potential suppliers (nancial risks).
However, this same organization may be less eective at detecting day- to-
day issues that aect supply chain performance (operational risks). e
scope of a risk management approach and the kinds of risks that a company