Welcome Saturday, February 04, 2012
Leadership
The importance of procurement is increasing. Over the last few years organisations have seen the rise of the chief procurement officer (CPO) spearheading campaigns to reduce costs, leverage cash cycles and improve governance. With the ever increasing impact of purchasing on a company's bottom line, the need for clear and strong procurement leadership has never been so important.
However, it can be argued that for procurement to truly hold this position it needs an equal footing with stakeholders in boardroom discussions, and until that time arises it will never be held in the same regard as either finance, sales or marketing.
Strong procurement leadership requires high levels of communication and an understanding of supply and demand management within and across the company.
It also requires good judgment, despite the old adage ringing true that good judgment only comes from experience and experience comes from bad judgment.
To develop leaders, companies and individuals need a comprehensive strategy. They have to be able to present an integrated and holistic development package that meets the aspirations of the person involved. People must want to join the winning team and feel confident it has direction into the future.
LEADERSHIP NEWS
- Former Unisys exec picks up the Pace
Thu, 26 Jan 2012 09:29:44 - Firms 'ignoring' potential of centralised procurement
Wed, 25 Jan 2012 09:13:49 - Walmart names new global sourcing chief
Mon, 23 Jan 2012 10:08:31 - Anglo American CPO moves to commercial role
Thu, 19 Jan 2012 10:04:57 - Analysis: Temp labour legislation to cause headaches
Wed, 18 Jan 2012 09:41:47
LEADERSHIP COMMENT
LEADERSHIP ARTICLES
- Profile: American Airlines' John MacLean on navigating economic turbulence
Sun, 23 Jan 2011 15:22:49 - Procurement Leaders Awards: View from the podium
Sun, 23 Jan 2011 15:15:47 - Roundtable: Future challenges, London
Sun, 23 Jan 2011 15:13:25 - Procurement breaking ground for western businesses in Asia
Sun, 23 Jan 2011 14:48:31 - BP’s Gulf of Mexico CPO on cleaning up the spill
Tue, 19 Oct 2010 09:42:21
LEADERSHIP PRESENTATIONS
CPO Talk: From today’s challenges to tomorrow’s opportunities
In the rapidly changing procurement environment, it is important to identify and understand trends and to look across industry borders and beyond procurement. With tight economic conditions, and even greater resolve to move their organisations forward through these difficult times, procurement professionals face more and more challenges.
Leading in uncertain times - keys to building a winning team
In a highly competitive industry, the key to growth is not how well a manager structures the present, but how well a leader engages the future and moves people forward with confidence.
LEADERSHIP OPINIONS
- Inside View: Breeding a competitive culture in procurement
Sun, 23 Jan 2011 15:37:32 - Inside View: Is bribery wrong, or just part of doing business?
Tue, 29 Jun 2010 09:26:02 - Inside view: Don’t miss the train
Tue, 16 Dec 2008 17:03:00 - Inside view: Whose line is it anyway?
Mon, 16 Jun 2008 15:45:00 - Opinion: Working in perfect harmony
Wed, 06 Sep 2006 14:54:48
LEADERSHIP RESEARCH
- The Changing Face of Global Procurement
Wed, 02 Sep 2009 13:41:31 - Called to the front - Driving procurement success by leveraging the economic downturn
Mon, 05 Jan 2009 14:28:16 - Futureproofing Talent Sourcing
Wed, 26 Dec 2007 00:00:00 - Moving Forward: The evolving role of procurement
Sat, 02 Dec 2006 12:42:48
