On April 21st, 50 of the world’s most influential procurement minds joined forces with over 14,000 digital delegates to crowdsource Big Ideas for the future of procurement.
By popular demand, we’ve brought together five thought-provoking Big Ideas from some of the biggest names in procurement.
Big Idea – Millennial Talent Response
Nic Walden, Director – Procurement P2P Advisor at The Hackett Group, talks about the greater expectations that Millennials have for job roles.
From expectations about working on CSR projects and building sustainable relationships, to the technology that they will be working with, Nic argues that procurement needs to change the way they engage with the Millennial generation in the workplace.
Big Idea – Maximise Social Impact
Hugh Chamberlain, Commercial Procurement Lead at Johnson & Johnson, challenged procurement professionals to buy from social enterprises in his Big Idea.
Buying from these enterprises can help add value to society, the community and the planet, as well as giving buyers immense personal satisfaction.
Big Idea – Everyone Can Contribute
Nathan Ott, CEO e.g.1 Ltd and Director at The GC Index Ltd, argues that while not everyone is a ‘Game Changer’, everyone is capable of making a game-changing contribution, from the top to the bottom of the organisation.
However, in order to do this, organisations need to create a culture where it is safe to fail, and these ‘Game Changers’ are not seen as disruptive, pigeon-holed, or made to conform. Only by doing this can organisations create real step change.
Big Idea – Harness the Crowd
Lisa Malone, GM – Europe at Procurious, talks about how procurement can lead organisations in harnessing the power of the crowd, and the concept of ‘hackathons’ in order to drive innovation.
Hackathons provide an opportunity to work on the business, rather that in the business. They give employees the chance to take time out and come up with new ideas, and communicate and collaborate with people they would not have the opportunity to do so with otherwise.
Big Idea – Challenging Traditional Procurement
Lee Gudgeon, Client Engagement Director at REED Global, says that the increasing role of procurement has highlighted a shortage of candidates with the right skill sets available to come into the profession.
Lee argues that procurement recruiters also need to be up-skilled in order to recognise the relevant skills and capabilities required in procurement, in other functions, and open up the market to people who might otherwise have been overlooked.
Want to see more Big Ideas? Check out our extensive library containing two years’ of Big Ideas from some of the world’s leading thinkers in procurement.