The Brave CPO: Deleveraging Organisational Finances

Dave HenshallStrategy, Thought ZoneLeave a Comment

Aligning CFO and CPO strategy to manage  organisational debt The Brave CPO: Deleveraging Organisational Finances. A guide for CEO’s, CFO’s and CPO’s to improve liquidity, credit ratings and borrowing capacity What’s in it for you? Strengthen balance sheet and finance fundamentals Reading time: 10 minutes 1. Introduction: As many industries still struggle to find indicators pointing towards sustainable economic recovery, … Read More

The three goals of strategic procurement

Dave HenshallCapability Model, Innovation, Procurement ExcellenceLeave a Comment

The three goals of strategic procurement – CPO’s must contribute to three strategic goals if they are to influence overall corporate strategy The three goals of strategic procurement Procurement’s Golden Triangle Leading companies are pursuing cost leadership and growth to dominate their industries, and in doing so they create an infrastructure to do it sustainably. Apple is the often cited … Read More

How to prepare procurement for true stakeholder buy-in and real transformation

Dave HenshallGovernance & Alignment, Procurement ExcellenceLeave a Comment

Organizational alignment holds the key to the boardroom door How to prepare procurement for true stakeholder buy-in: Whether you are a new CPO hired to transform procurement or an existing CPO looking to get true stakeholder buy-in, aligning procurement with the organization will be key to your success. 1. Preparation & Readiness Most CPO’s will understand the strategy to transform … Read More

Procurement capability and operating model

Dave HenshallCapability Model, Procurement ExcellenceLeave a Comment

Is your procurement function set up for success? Procurement capability and operating model: Many procurement teams operate under an informal mandate that does not clearly articulate their accountability. In the absence of a capability model, the procurement function is fundamentally limited in its effectiveness. This is why we developed the CPP Procurement Capability Model: 1. Procurement capability and operating model … Read More

O Superman: Procurements Kryptonite

Dave HenshallStrategy, TalentLeave a Comment

Procurement needs a strong mandate not super developed soft skills Not a week goes by without a talent shortage headline resulting in a great deal of noise regarding the profile of the modern procurement skill set. Here we make the case for CPO’s to focus on securing a strong mandate. The focus on soft skills A common criticism is a … Read More

The Future of Procurement: Shaping the Team

Dave HenshallThought ZoneLeave a Comment

Scene 2 Balancing Procurement Bench Strength: The Future of Procurement: Shaping the Team The Future of Procurement: Shaping the Team – In the previous post “Commanding the Stage” we discussed the players that are already shaping procurements future with whom the CPO must engage and command the stage. Here we discuss the CPO’s talent pool and the players they can select … Read More

The Future of Procurement Scene 1: Commanding the Stage

Dave HenshallInfluence, TalentLeave a Comment

The stage is set in the battle for procurements future: The Future of Procurement: Commanding the Stage The Future of Procurement: Commanding the Stage – The future of the procurement function is a hot topic at the moment. Amongst the more insightful outputs comes from Oxford Economics, who recently published the results of a study that shows the evolution of procurement … Read More

The Brave CPO: Mastering Collaboration

Dave HenshallProcurement Excellence, Thought ZoneLeave a Comment

Collaborations strategic value proposition can unlock the door to innovation and sustainable growth, CEO’s and CPO’s must turn the key A guide for CEO’s, CFO’s and CPO’s on how procurement can play a lead role in partner collaboration to secure a sustainable competitive advantage What’s in it for you? Discover why developing a collaborative capability will support sustainable growth and … Read More

The Brave CPO: Leading Business Growth

Dave HenshallProcurement Excellence, Thought ZoneLeave a Comment

The Brave CPO: Leading Business Growth The Brave CPO: Leading Business Growth – A guide for CEO’s, CFO’s and CPO’s on how leading procurement practices can make a powerful contribution to their company’s plan for growth. What’s in it for you? Discover why developing capability in supply management will provide powerful fuel for growth, and why making Supply Management a … Read More

Political Mindset: influence decisions and embed change?

Dave HenshallMind-sets, PoliticalLeave a Comment

Political Mindset: influence decisions and embed change? Political Mindset: influence decisions and embed change? – The final part of our introduction to the key procurement mindsets is the Political Mindset. The Political Mindset relates to our negotiation style when engaging stakeholders. It is importance because it defines our ability to influence decisions on who gets the resources, what goals and … Read More