Theory in Practice – An Experiential model for Procurement E-learning: A three-part guide for procurement professionals and training-mangers to assess how an Experiential model for Procurement E-learning can be a productive part of their professional development. Here in Part 1 we introduce some of the problems associated with e-learning, discuss how corporate professionals learn and propose our solution to E-learning. … Read More
Is the Facebook generation the key to procurement’s future?
It is clear through listening across the blogosphere, that social media is coming to procurement – ready or not. As the profession’s old hands increasingly recruit from the “Facebook generation”, these bright young technology-minded individuals are going to have growing influence on the future of our profession and I believe smart organisation’s will start planning for the upside and downside … Read More
Procurement 2.0 – and other labels?
Procurement 2.0 – and other labels? Procurement 2.0 – and other labels? With the continued introduction of new procurement labels and attention seeking headlines we argue that procurement leaders must retain focus on building capability: Over on the Procurement Leaders blog Neil Deverill uses the term Procurement 2.0: “Where basic procurement typically exists in siloed organisations with poor internal communication … Read More
CSR goes main stream
CSR goes main stream CSR goes main stream – From the number of announcements by leading organisations in recent weeks there can be no doubt that corporate social responsibility (CSR) has established itself on the corporate agenda. SM has reported on HSBC, ExxonMobil, Siemens and Ford, to name a few companies that have recently announced sustainability initiatives. CSR is now … Read More
Procurement Capability in CSR: Risk Management
Part 3 Risk Management Procurement Capability in CSR: Risk Management Procurement Capability in CSR Part 3: Risk Management – A three-part guide for CEO’s, CFO’s and CPO’s to assess how procurement can make CSR a competitive weapon in their organisations success In part 2 we discussed a stakeholder approach to CSR. Here in Part 3 we discuss risk management. 1. … Read More
Procurement Capabilities in CSR: Stakeholder based sustainability
Part 2 – Stakeholder based sustainability Procurement Capabilities in CSR: Stakeholder based sustainability Procurement Capabilities in CSR: Stakeholder based sustainability – A three part guide for CEO’s, CFO’s and CPO’s to assess how procurement can make CSR a competitive weapon in their organisations success In Part 1 we discussed protecting corporate reputation. Here in part 2 we discuss a … Read More
Are Corporate HR Practices Stifling Innovation?
Reading an interesting article by Professor William A. Fischer at the IMD Institute on creating virtuoso teams, brought my mind back to innovation in corporations, something I wrote about last month ( here) Professor Fischers article raised a question I have pondered many times – “are corporate HR practices stifling innovation?” Modern recruitment practices put candidate through a range of … Read More
Contributing to the CEO’s Agenda: Procurement and Growth
Contributing to the CEO’s Agenda: Procurement and Growth Contributing to the CEO’s Agenda: Procurement and Growth. For the last year’s, growth and not cost savings has been on top of most CEO’s agendas. At the same time, they associate procurements contribution to the organization as delivering cost savings. This perception is clearly very damaging to procurements claim to play a … Read More
11 Steps to Purchasing Organization Attractiveness:
11 Steps to Purchasing Organization Attractiveness: 11 Steps to Purchasing Organization Attractiveness: Being seen as an attractive customer is becoming increasingly important, it can bring substantial dividends to buying organizations and should form part of any collaborative SRM strategy. However, collaboration strategies and hard-nosed negotiations can be perceived as opposite ends of the supplier relationship spectrum, each with its supporters … Read More