How can World Soccer and the art of Procurement be connected?

I love soccer and so, like every passionate soccer fan this much awaited month-long of world soccer excellence is a pleasure and a delight.

On the other hand, I am passionate about Procurement.

So, when this article from known procurement thought leader Ron Larimer got into my inbox I could not resist.

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Ron used a soccer metaphor to highlight the practice of not taking risks, despite good statistical evidence, because of certain biases that govern human behaviour.

I have written before about how negotiations are effected by certain errors in reasoning (here) and I am currently working on an article on cognitive biases so, I thought this article was very timely and provided good food for thought on a number of levels.

Hope you find it useful as well as entertaining. You can find the link to the article below:

Ron Larimer on “The biggest lie Procurement has ever told itself”.

 

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About George Vrakas
George Vrakas (MBA, CCMP, CMILT) is highly reputed in the fields of Contract and Relationship Management as well as, Services Procurement and Logistics with extensive experience in Contract Management, Procurement and Supply Chain. George is passionate about Contract Management, Procurement, Innovation, Continuous Improvement, Exploring trends that will shape the Future, Team Development and the Modernisation and Automation of processes. George is a member of IACCM. George is the author of www.georgevrakas.com blog and has presented on Globalisation, Procurement and Continuous Improvement at various venues and Universities in Victoria, Australia.

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