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. Instead of being reactive and responding to identified competency problems by sending an individual on a  training course, that likely will not transfer skills into the organization. A proactive use of a skills gap analysis can provide the hard data needed by today’s CPO to plan a strategic capability building program that supports their procurement transformation.

1. The potential repercussions of not conducting a credible skills gap analysis include:

Measurement – Visibility – Alignment – People

Impact of not conducting a Procurement Skills Gap Analysis Impact

2. Perhaps the biggest pitfall of not conducting a procurement skills gap analysis is inertia:

Lost value creation by not developing critical skills

Because the data is not visible, there is no urgency, only inertia. Without the data from a skills gap analysis, it is unlikely that effective action plans will be in place. It is unlikely to be a ‘core mission‘ to plan and develop the critical skills needed by today’s procurement professionals to add value for their organization. This requires building a highly capable skills based function.

3. Conclusion

Achieving such a goal depends on the quality and quantity of the CPO’s team – their bench strength. These are also the fundamentals upon which expanding procurement scope & influence are based. From this perspective, the rapid development of their team is the CPO’s most pressing challenge.

Nuff said …