The role of procurement is changing and evolving. Professionals have more influence than ever before and Deb Stanton wants them to use their position to be bold but nice!
At the Big Ideas Summit 2017, we once again challenged our thought leaders to share their Big Ideas for the future of procurement.
Our attendees spoke about everything from creativity to politics, from cognitive technology to workplace agility, current affairs, economics and the future. Whatever your industry and wherever you are in the world, there are some top tips to takeaway!
Procurement has elevated within organisations
Deb Stanton, Executive Managing Director at CAPS Research, believes that the procurement function has really elevated within our organisatons. Data collected by CAPS research shows that 82 per cent of CPOs now report directly to their CEO or one level down.
Under these new circumstances, professionals will have to work differently with their business partners and in their procurement teams.
This is why, Deb believes, being Bold But Nice, is a valuable mantra. Procurement needs to ask the challenging questions, go in search of new solutions and embrace ideas. Of course, professionals need their organisation to to work with them, which is why it’s important to be amenable whilst driving new value to our companies. .
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