Welcome Saturday, July 04, 2009
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
- Procurement concerns core to mining deal
Thu, 02 Jul 2009 09:20:57 - Ford's procurement chief on supplier woes
Thu, 25 Jun 2009 07:54:39 - Former BT CPO joins Irish solution provider
Wed, 24 Jun 2009 08:01:04 - UK institute returns to familiar territory as CEO stands down
Tue, 23 Jun 2009 07:40:02 - GM appoints global head of purchasing
Tue, 16 Jun 2009 07:44:35
LEADERSHIP COMMENT
LEADERSHIP ARTICLES
- Profile: Esam Mousli, VP material supply, Saudi Aramco
Fri, 12 Jun 2009 08:16:51 - Moves: Unilever’s supply chain focus
Fri, 12 Jun 2009 08:11:46 - Moves: Richardson lands BA role
Mon, 20 Apr 2009 11:01:42 - Interview: Premier Foods' Procurement Director, Mark Hughes
Mon, 20 Apr 2009 09:26:45 - Profile: Tanya Penny, VP procurement and sourcing operations, Verizon
Thu, 16 Apr 2009 16:35:20
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: 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 - Opinion: Giving software the hard sell
Wed, 01 Feb 2006 21:59:16 - Opinion: Big ideas are not enough
Wed, 01 Feb 2006 21:54:46
