Successful CPO’s excel at building bench strength and succession management to spot the high potentials, identify strengths and weaknesses and put in place development programs to address the capability gaps. This is critical for sustainable success.
Building People Capability in Procurement – Part 3
Our model provides CPO’s & HR leaders with a systemized methodology to develop a collection of questions, collect the results and analyze the current state of data, processes, incentives, knowledge, capacity, and motives, to generate conversation of how to implement effective behavior change in their organization.
Building People Capability in Procurement – Part 2
The challenges that hold back most procurement teams in the workplace tend to relate to their ‘human traits’. Issues such as mindsets, behaviors, and organizational dynamics are key factors which can impact upon their relationships with stakeholders.
Building People Capability in Procurement – Part 1
Many procurement functions are finding lasting success elusive because they fall into the trap of relying entirely on technical tools like spend analytics, SRM and so on. They forget transformation does not happen simply by providing the “ingredients”, it’s always the people that are the key factor in creating procurement success.
e-learning for Procurement Completion Rates: Why the drama?
Despite the evident advantages, one of the challenges that e-learning faces is that of low utilization and completion rates, or is this just a metric a red herring, does it really tell us anything?
e-learning for procurement: quicker, and more productive than classroom training?
e-learning for procurement: E-Learning for procurement: quicker, and more productive than classroom training? At a time when change is faster than ever, a key advantage of e-learning is that it has speedier delivery cycle (velocity) times than traditional classroom-based instruction. The exact increase in velocity is debatable but the fact that it takes substantially less time to deliver the same … Read More
Procurement Brand Management: What's in a name?
Is our profession intent on contemplating its navel? It sometimes seems so from the number of times the procurement press raise the debate about what to call ourselves.
Sharpen up your procurement team:
Many companies underinvest in the purchasing team’s capabilities and exclude them from strategic decision-making processes in favor of functions, such as operations and sales.The lack of importance placed upon procurement, has unintended consequences over time.
Does your procurement strategy drive business success?
Strategic procurement can drive competitive advantage by enhancing revenues and lowering cost. Procurement can be said to be strategic in an organization if it contributes directly in the business planning process.
5 Reasons to Conduct a Purchasing Skills Assessment:
Assessment strategies should be developed with a clear understanding of the knowledge, skills, abilities, characteristics, or personal traits you want to measure.