Vendor Risk Management Quotes

salesman and turned to politics to feed his family). . . . Businessmen are accustomed to taking risk, however business risk is often partially assigned, buffered, or diluted with partners, alliances, or vendors, insurance or legal shields such as the corporate veil, which reduce personal exposure. Political risk, on the other hand, is purely personal and almost impossible to allocate—the risk of loss is 100 percent on the candidate (blaming campaign managers or other outside factors is usually regarded as lame; the candidate is regarded by the public as solely responsible for his campaign).