For all the attention placed on the economies of China, India, Japan, Korea and their neighbours, I’d suggest that western business is still learning about the east. And perhaps there’s more to learn than gets recognised.
Focusing on system improvements in procurement is a natural lever for technology and transformation, but unless the benefits are felt by both suppliers and internal stakeholders, the opportunity is only partially realised.
There are changes afoot, and what’s most important is not necessarily just the ascent to board-level recognition as much as it is a growing understanding of what procurement does and where its potential lies.
There is, the saying goes, more than one way to skin a cat – as if you’d want to do that. Similarly, there are myriad management styles and personalities, most of which have a time and a place where they are the most effective. But is effective leadership always reliant on context, or is there such a thing as a ‘great leader’?
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