Smart organizations invest efforts to enhance their Procurement effectiveness because they recognize the immense financial benefits and competitive advantage it brings. But such “Procurement pioneers” are in the minority. Sadly, but in truth, majority of Procurement...
Procurement people are constantly seeking ways to boost the success of their functions and themselves as individuals. And there is ample evidence that Procurement’s stature has grown remarkably. The global economic downturn compelled organizations of all sorts to...
Hugo, Fantastic post and very appropriate. The point that people matter most is spot-on; it’s a message I constantly reiterate in my talks, articles and discussions with senior executives in client businesses. Many organizations continue to fall into the trap of...
Mickey, These are great points you raise here, which I agree with entirely. I’d add 3 more: (a) Unclear or poorly-defined goals: The objectives of many change initiatives are often poorly-defined. Even as I write, I’m supporting a client with a Procurement change...
