Collective procurement team capability?

Dave HenshallAssessments, Skills, Skills Gap AnalysisLeave a Comment

If you can’t measure collective procurement team capability – are you really capable? With more powerful skills assessment tools available today, businesses are increasingly incorporating them as a part of their development programs, to adopt a more strategic, data driven approach approach to capability development focused on understanding collective procurement team capability rather than just individual capability. CPO’s wouldn’t dream of … Read More

Procurement Skills Tracking and Performance Improvement

Dave HenshallSkills, Skills Gap AnalysisLeave a Comment

Skills Tracking in iProcure Lets CPO’s Measure Bench Strength Procurement Skills Tracking and Performance Improvement in iProcure allows Managers to identify employees with the right skills for a Job and make informed decisions on recruiting, developing, and promoting. Imagine that you need a Category Manager at the other end of the country or thousands of miles away on a different … Read More

Talent management critical to CPO longevity on the job

Dave HenshallRoles, Skills Gap Analysis, TalentLeave a Comment

Failure to develop a world-class team a factor in shortened CPO longevity on the job Talent management critical to CPO longevity on the job – As procurement becomes increasingly strategic, focused on the long-term, and integrated within the business, talent management becomes a critical success factor for the CPO. Furthermore, in a recent report, a failure to develop talent at … Read More

Procurement Training: Set budgets with confidence

Dave HenshallAssessments, Skills Gap Analysis, TalentLeave a Comment

Time to set you budget for procurement skills training? Procurement Training: Set budgets with confidence Can you answer the following questions? Do you know which training programs will deliver the most value to your organization? Can you forecast your training budget over the next 1 or 3 years? Do you know training programs that have the greatest impact? Can you … Read More

Increase your procurement team’s productivity optimizing allocation of people to initiatives

Dave HenshallAssessments, Skills Gap Analysis, TalentLeave a Comment

Capturing productivity gains in procurement at the company level to boost top and bottom lines Increase your procurement team’s productivity: We discuss how CPO’s can boost procurement productivity by utilizing todays advanced procurement talent analytics 1. Increase your procurement team’s productivity A universal problem CPO’s know that talent management is strategic (Figure 1), but sooner or later, every CPO faces … Read More

Reduce hiring errors with procurement skills assessments

Dave HenshallSkills Gap Analysis, TalentLeave a Comment

Reduce hiring errors with procurement skills assessments Reduce hiring errors with procurement skills assessments: Hiring the wrong candidate can be expensive. There are not just the headline costs of advertising and agencies; but also the hidden costs of time to hire, induction and training, attrition costs for early leavers, the ramp up time to be productive. An Oxford Economics report … Read More

Building a balanced bench is key to procurement transformation

Dave HenshallSkills Gap Analysis, TalentLeave a Comment

A procurement bench strength program needs aggregated data to build a winning team: CPOs globally are aware of the talent imperative to procurement transformation. Building a balanced bench is key to procurement transformation – ensuring the CPO has a team that possesses the skills and experience required to fulfill an increasingly demanding role in the success of the organization. 1. … Read More

Procurement Skills Gap Analysis: Problems of not completing one

Dave HenshallSkills Gap AnalysisLeave a Comment

Procurement Skills Gap Analysis: Problems of not completing one: Problems can arise when you don’t have a  procurement skills gap analysis: CPO’s can plan a strategic capability building program that supports their procurement transformation Procurement Skills Gap Analysis: Problems of not completing one – The proactive identification of your procurement teams bench strength is a key requirement for today’s CPO. … Read More

Are you afraid of completing a team procurement skills assessment?

Dave HenshallAssessments, Skills Gap Analysis2 Comments

Are you afraid of completing a procurement skills assessment? Are you afraid of completing a procurement skills assessment? Many CPO’s would like to conduct a reliable skills assessment to understand the knowledge, capabilities and skill’s gap of their team, but don’t act upon it further. The reason for this inaction is often the fear of a negative reaction or ‘kick … Read More