Category Archives: Big Ideas Summit

Planning Procurement’s Response To The Millennial Generation

Understanding how procurement can cope with, and ultimately benefit from, the disruption brought into talent management by the Millennial Generation.

Millennial Generation

Hackett’s 2016 Procurement Key Issues Study shows that talent management remains one of the top 3 of objectives as a critical or major area of focus for virtually all procurement organisations.

Looking deeper, organisations are targeting three specific areas to transform talent: improving leadership skills, honing business acumen, and building specialist procurement skills. The two perennial favourites, category management and strategic sourcing, make up the other top reported objectives.

The research also showed that the Millennial Generation represents one of the greatest potential impacts and challenges to managing talent in the next year or two. Additionally, most procurement organisations (especially those in Europe) continue to experience higher levels of staff churn and difficulty attracting great talent.

What do we mean by Millennials?

When we refer to the Millennial Generation, we are referring to those born in the 80s and now moving into management positions, or early 90s who are leaving graduate school to join the workforce. This workforce demographic is characterised by different attitudes, desires and motivations than earlier generations. Generations X and Y came to be known for their independence, interest in work/life balance, technical proficiency, and measuring success in both financial and social terms.

Millennials, on the other hand, are the first generation of digital natives – i.e. they’ve truly grown up with the internet and social consciousness.  They have high career expectations, desiring both immediate and high impact opportunities, flexibility in terms of schedules, embracing remote working and diversity in assignments (e.g. culture, fun and collaboration).

They plan for rapid advancement as well as frequent job changes. Case in point: 90 per cent of Millennials plan to stay in their job for less than 3 years. They are high touch, and expect frequent feedback. In summary, the millennial generation wants more from work than just a career at a good company.

How can procurement address the critical skills gaps?

Research conducted by the Hackett Group in the past on procurement talent management, has shown clear gaps in the essential business skills required for most procurement jobs. These are: strategic thinking and analysis, group facilitation, and relationship management skills.

When considering specialist skills, enhanced SRM and market intelligence expertise were identified in need of development for most roles, with supply risk, innovation and SCM expertise needed for specialist roles.

How do we respond?

As procurement leaders this situation poses challenging questions:

  1. What procurement value proposition will be the most appealing?
  2. Will higher attrition become the new normal for procurement?
  3. Is now the time to invest in knowledge capture and transfer?
  4. How can we create flexible work schedules and collaborative environments?
  5. Do we need to rethink the importance and type of training we provide?

In all cases, training strategies need to be modernised to reflect this accelerated reality, as well as changing learning styles and preferences. Strategies that get people up to speed faster, use more interactive, workshop and team based formats should be preferred. The 70-20-10 approach to learning is based around the idea that 70 per cent of learning comes through experience, 20 per cent from social learning with colleagues, and just 10 per cent through formal learning involving training or online courses.

This framework will see larger elements of learning being on-the-job, collaborative and workshop based, action orientated to better align to leaders and manager day jobs and current issues, and complemented with self-directed learning elements and social learning (e.g. LinkedIn, Yammer).

Hackett's Framework for Training to Integrate Millennials into the Workforce
Hackett’s Framework for Training to Integrate Millennials into the Workforce

Course materials need to be user friendly, but at the same time to support multi-tasking and access to on-demand, on-line tutorial content. Course design should incorporate the themes seen as important to younger generations – how procurement connects into CSR and sustainability, work/life balance, and career advancement.

The older generations of Baby Boomers and Gen X will need support and even training to adapt to this shift in to mentality and culture.

About Hackett’s Procurement Key Issues Study

The results of this annual study are gathered from executives from over 180 large and global companies operating in the US, Europe and rest of the world, with annual revenue of $1 billion or greater.

Find out more by visiting the Hackett website.

Chris Sawchuk is a keynote speaker at the Big Ideas Summit on April 21st. Chris will be talking about how procurement is applying key agile capabilities in the areas of leadership, talent, service placement and information-driven performance.

If you’re interested in finding out more, visit www.bigideassummit.com, join our Procurious group, and Tweet your thoughts and Big Ideas to us using #BigIdeas2016.

Don’t miss out on this truly excellent event and the chance to participate in discussions that will shape the future of the procurement profession. Get Involved, register today.

Showcasing Your Big Ideas – Procurement-as-a-Service

Ahead of the Big Ideas Summit 2016 on April 21st, we’re on the hunt for your Big Ideas. Philip Ideson discusses his Big Idea of procurement-as-a-service models.

At the Big Ideas Summit 2016, which takes place on 21st April,  we will be asking our speakers and attendees to record their ‘Big Ideas’ live on camera for the whole of our Procurious community to see.

But we also believe that every single procurement and supply chain professional has a unique vantage point in the industries, communities and businesses they work in. You have been submitting your Big Ideas to us, and so far, we think they have been great!

Philip Ideson, Host, The Art of Procurement

Philip believes that procurement-as-a-service delivery models will transform the procurement value proposition. Companies will be able to access procurement talent and technology “on-demand”. This means the cost of accessing procurement expertise becomes a variable cost rather than a fixed cost.  

The result? Organisations of all sizes can now access specialist domain expertise which allows us to pull value levers that over and above cost savings that elevate our role and transform our value proposition. 

Philip elaborates on this big idea further here. You can connect with Philip on the Art of Procurement website, or on Twitter at @aopshow or @pideson.

How to Submit Your Big Idea

We don’t mind if you film your submission on your phone, tablet, laptop or PC. However, to help you out we’ve compiled a list of some of our recommended methods for reaching out.

Once you’ve completed your film, you can reach us by email ([email protected]); on Twitter (@procurious_) or via Google Drive or Dropbox (using [email protected]).

You can find all the information you need on recording and submitting your Big Idea here.

Want to know more about Big Ideas 2016? Then visit www.bigideassummit.com, join our Procurious group, and Tweet your thoughts and Big Ideas to us using #BigIdeas2016.

Don’t miss out on this truly excellent event and the chance to participate in discussions that will shape the future of the procurement profession. Get Involved, register today.

The Procurious Big Ideas Summit is Back!

The Procurious Big Ideas Summit is back and it’s bigger and better than ever before!

Procurious Big Ideas Summit 2016

We had a fantastic experience, and great fun, last year at the Big Ideas Summit, the world’s first digitally-led conference for the procurement profession. And it’s almost time to do it all over again at the Procurious Big Ideas Summit 2016.

If you aren’t familiar with the event, the  Big Ideas Summit gathers together 40-50 of the world’s brightest minds, such as established thought leaders, senior decision makers and industry experts, to discuss the future of the procurement profession.

What’s the Big Idea behind it?

The event is a unique opportunity for professionals to gain insights into the evolving global space of procurement. It connects senior executives, thought leaders and CPOs with digital delegates on a live platform.

Big Ideas 2016 aims to get current and future procurement leaders thinking about and discussing the key trends, risks and issues in the profession, and giving them tangible outcomes they can use to drive innovation and change in their organisations.

The key themes our speakers will be addressing this year include:

  • The technological “megatrends” impacting procurement
  • The True Cost of doing business in the fashion industry
  • How social media breaks boundaries for innovation and collaboration
  • Attracting and retaining the best Millennial talent
  • Creating and sustaining organisational agility

The face-to-face component of the event will take place in London on 21st April 2016. However, as with last year, we’re inviting over 12,000 procurement and supply chain professionals (co-incidentally, the same number as the Procurious community!) to join us as digital delegates.

This will amplify ideas and content through Procurious, as well as give our global delegates the chance to submit questions to speakers in advance as well as tune in, learn and participate in real time. 

Who will be speaking?

We’ve secured a high calibre of thought leaders and keynote speakers, including:

  • Tom Derry, CEO, Institute for Supply Management
  • Christopher Sawchuk, Principal & Global Procurement Advisory Practice Leader, The Hackett Group
  • Gabe Perez, Vice President of strategy and market development, Coupa
  • Elizabeth Linder, Politics & Government Specialist, Facebook EMEA
  • Lucy Siegle, Journalist and broadcaster, The Observer
  • Peter Holbrook, CBE, Chief Executive, Social Enterprise
  • Lucy Harding, Partner and Head of the Global Procurement & Supply Chain Practice, Odgers Berndtson
  • Martin Chilcott, Founder and CEO, 2degrees
  • Dapo Ajayi, Chief Procurement Officer, AstraZeneca

How you can take part

The Big Ideas Summit is open to all Procurious members. It doesn’t matter where you are in the world, we want you to help shape the agenda. Register your attendance in our Procurious Big Ideas 2016 Group.

On Twitter? You can also submit your questions by tweeting us @procurious_ using the hashtag: #BigIdeas2016

For more information about the day head on over to our bespoke event site at www.bigideassummit.com.

Why take part?

As savvy social networkers you’ll already be of the mind that social media can be used to create a global stir. We want to amplify these Big Ideas throughout the global procurement community, connect with one another, start meaningful conversations, and ultimately drive change.

All keynote sessions will be captured on film and offered exclusively to registered attendees. As a ‘digital delegate’ you’ll also be able to access a rich collection of supporting material including articles, interviews and video content following the event.

Who Is Sponsoring It?

For an event that explores the biggest trends impacting procurement we thought it only necessary to bring onboard similarly hot-ticket sponsors. The Procurious Big Ideas Summit 2016 is proud to be sponsored by the The Hackett Group, The Institute for Supply Management, IBM and Coupa.

We are delighted to be working with such great organisations and look forward to joining with them on the day to produce a fantastic event for you all.

If you’re interested in finding out more, visit www.bigideassummit.com, join our Procurious group, and Tweet your thoughts and Big Ideas to us using #BigIdeas2016.

Don’t miss out on this truly excellent event and the chance to participate in discussions that will shape the future of the procurement profession. Get Involved, register today.

Big Ideas 2015 Flashback: Building a Supply Chain Wiki

We’re looking back at some of the most popular ideas from Big Ideas 2015. Gordon Donovan examines the concept of a Supply Chain Wiki.

Gordon Donovan, Procurement and Supply Chain Manager at Metro Trains in Melbourne, shared his Big Idea last year around the concept of creating a Procurement and Supply Chain Wiki.

Gordon believes that there is a dearth of good information for procurement organisations around the full supply chain. This isn’t just the Tier 1 suppliers, but Tier 2 suppliers and subcontractors, and further down the chain.

This Big Idea focuses on harnessing the power of the community to build a centralised knowledge base for all.

Gordon admits that his Big Idea is quite daunting, but as he points out, it all has to start somewhere!

See more Big Ideas from our 40 influencers from the Big Ideas Summit 2015 on Procurious.

If you’re interested in finding out more about the Big Ideas Summit 2016, visit www.bigideassummit.com. You can also join our Procurious group, and Tweet your thoughts and Big Ideas to us using #BigIdeas2016.

Don’t miss out on this truly excellent event and the chance to participate in discussions that will shape the future of the procurement profession. Get Involved, register today.

Unifying Procure to Pay: A Leadership Challenge for the CPO

It might seem obvious, but removing silos in the procure to pay process can ensure spend optimisation. But it’s people, not technology, that hold the key.

Imagine you were just elected mayor of your city, with a mandate from the voters based on an ambitious agenda that includes cutting costs. You’ve promised to streamline programs, increase transparency and work to a set of measurable success criteria which you laid out in your campaign.

You know there will be challenges. But, when you roll up your sleeves and get to work, you start to have some rude awakenings.

You realise there’s a section in the city that has its own budget and runs its own services, because it’s in a special tax jurisdiction. And there’s a powerful labour union that dictates wages, job duties and hiring across the city.

You also find you can’t get accurate reports because data resides in separate systems that don’t talk to each other – and neither do the people who run them. You realise that, more than anything, the bureaucracy and the politics that have grown up around it are what shape how business is done.

The success of your initiatives, and the city as a whole, are your responsibility, and you’ll be held accountable. But you don’t have full visibility into, or control over, what happens. Accomplishing your goals under these circumstances is going to be a real leadership challenge.

Mayor of Spend Management

That’s what it’s like being the head of a procurement organisation today. You lead the official buying organisation, but the employees in your organisation will buy based on the easiest process available to them. If there’s a contract in place and you make it easy, they’ll buy against the contracts you’ve negotiated. If not, they’ll buy what they need on their p-card or credit card, and expense it. Or they’ll go out and make deals on their own and an invoice will just show up.

But spending is spending, no matter how it happens. It all ends up in accounts payable (AP) and the bills get paid. When it comes in through the front door, you have the opportunity to manage and optimise for cost and compliance. But there are also side doors – multiple independent buying processes – for things to get bought and paid for without you knowing it in advance.

This is also a leadership challenge, and one that most procurement leaders face. There’s no one who is accountable for all of the company’s spending. Everything goes through AP, but by the time it gets to them, the money’s already been spent, so they’re just focused on effectively managing the payment process.

The whole spend management process – invoicing, expenses and procurement – should be united under one leader responsible for optimising all of the company’s spending. This head of procure to pay, or chief spend officer, would manage the spend management organisation to a shared set of KPIs.

The Missing P: People

This is not a new idea and it makes sense to most of us. We now have the tools – modern, easy to use spend management suites – to streamline the process from end to end and enable data sharing to make each part more efficient. For example, everybody’s expensing the new iPad? Procurement gets an alert: Hey, maybe you should source that.

What has made this such a tall mountain to climb isn’t the lack of technology to support a unified process. It’s that most organisations don’t have alignment of their people. Even the best technology won’t fix everything if procurement and AP aren’t working together and aligned to the same goals.

Bringing the people together is a perfect leadership challenge for procurement to take on.

Think about it. Over the past few decades, the profile of the procurement profession has been rising. The average level of education and certification has been rising. The amount of spending that they’re managing is increasing. Procurement departments took centre stage during the great recession—not just cutting costs, but leading new strategic initiatives for their companies.

There’s a feeling in procurement that the profession hasn’t yet achieved the status it deserves. There’s still a lot of talk about striving to be seen as strategic, and to have a seat at the table with top leadership. Striving to ascend, as Tim Cook did at Apple, from procurement to CEO.

Executive Level Challenge

Here is your chance. We know there’s huge business value that companies can achieve from uniting procurement and AP in the procure to pay process – value far greater than the sum of automating each separately.

The world is changing faster than ever, and becoming more connected. In the consumer world, we have visibility and data everywhere; in the business world, not so much. You can see your Uber approaching on your smartphone but you can’t see where your invoice is in the payment cycle.

Your watch or wristband can tell you how many steps you’ve taken today, but you can’t tell how many orders have been placed against a contract. Your dishwasher can order its own soap from Amazon, but employees in many companies can’t even figure out the best way to buy a stapler.

Businesses need to achieve the same levels of visibility, efficiency and control in every area of their business in order to meet rising expectations and to stay competitive. A unified, automated spend management operation does that for spending.

If procurement wants to ascend to the heights it aspires, it can show leadership by spearheading the effort to tear down the silos between buying and paying so that someone, a chief spend officer, a head of procure to pay, a head of business services – it really doesn’t matter what you call them – can finally be responsible and accountable for making sure all of spend is optimised. Someone can finally be mayor of spend city.

Coupa are one of the sponsors of the Big Ideas Summit, to be held in London on April 21st. If you’re interested in finding out more, visit www.bigideassummit.com, join our Procurious group, and Tweet your thoughts and Big Ideas to us using #BigIdeas2016.

Don’t miss out on this truly excellent event and the chance to participate in discussions that will shape the future of the procurement profession. Get Involved, register today.

My Advice for Finance Professionals (and Others)

My advice for up and coming finance professionals? Don’t get stuck in your silo – get out and collaborate.

When someone asks you for your opinion or advice to pass on to young professionals, it’s often tricky to narrow down your thinking to two or three bullet points. When these professionals working in a different business function, the job gets that little bit harder still.

However, there’s not as much difference between Procurement and Finance professionals in the early stages of their careers. So, based on my own experience, I have put together my top three pieces of advice for new professionals (whether they are in Finance or any other profession).

  1. Avoid a Silo Mentality

Maybe the most important piece of advice I can think of, hence why it’s come first. In the early part of my career, there was nothing more frustrating than trying to explain what procurement did, and why we added value to the business.

We worked closely with other functions, such as Design, Manufacturing, and Finance, but always had the same conversation why we needed to be involved at all. If you’re going to fully understand the business, then you need to get out of your functional silo and meet other people, discuss their roles, and work out how you and they fit together.

The relationship between Finance and Procurement is key to the smooth running of a number of critical operations. From supplier selection and qualification, to invoice payment, these operations will run much more efficiently with better communication and a good relationship.

If you step outside your silo, you’ll probably find that other people are willing to do this too. 

  1. Share your Experience

Procurious founder, Tania Seary, has frequently spoken about the importance for procurement to flex their collective muscle and create a community of practice. The same could be said about creating a community of finance professionals.

Quandl’s tips for being a great analyst highlight spotting patterns and finding out the ‘why’ behind the numbers. A great way of doing this is to get out and talk to people, be it others in your profession, or others around your business. Discussing tools and apps that you and others have found helpful could make all the difference.

The chances are fairly high that someone, somewhere, will have come across a similar situation in the past. They might even have a solution for it too, and they’re probably willing to share their experience and knowledge to help out others.

Your experience is valuable too, no matter the stage of your career. Find time to note down specific issues you have had, who you spoke to, how they helped, and your eventual solution. Share this with your fellow professionals, and you’ll start to build both profile and influence. One of the great ways to do this is via social media.

  1. Leverage Social Media for Your Brand

Social media is just as important for your professional life as it is for your personal life. There are a number of great platforms available, each offering a different way to build your personal brand.

In business now, many people think that if you don’t have your own online profile, you don’t really exist. Both recruiters and employers will use social media to learn more about you as an individual – whether it’s to check your employment history against a CV you have submitted, to understanding what makes you tick as a person via social media posts.

The best thing is, it only takes 10-15 minutes each day to stay up to date.

Telling people what you are doing, reading relevant content from industry publications, listening to a great podcast – all of these can be done on your way to work, or over lunch. Once you’re in a routine, it’s easy to maintain your social media presence during the day.

By doing this, you’re raising your own profile and starting to build influence, as well as gathering knowledge that will help in your day-to-day work.

And whether you are Finance professionals, or Procurement professionals (or others), this will certainly stand you in good stead as your career progresses.

Why Big Ideas 2016? There’s an Infographic for That

Not sure why you should register for Big Ideas 2016? We’ve pulled all the information you need into one easy to share infographic!

Big Ideas 2016 Infographic

Need more convincing? Check out the high calibre list of thought leaders and keynote speakers, including:

  • Tom Derry, CEO, Institute for Supply Management
  • Christopher Sawchuk, Principal & Global Procurement Advisory Practice Leader, The Hackett Group
  • Gabe Perez, Vice President of strategy and market development, Coupa
  • Elizabeth Linder, Politics & Government Specialist, Facebook EMEA
  • Nik Gowing, Visiting Professor at King’s College and co-author of ‘Thinking the Unthinkable’
  • Lucy Siegle, Journalist and broadcaster, The Observer
  • Peter Holbrook, CBE, Chief Executive, Social Enterprise
  • Lucy Harding, Partner and Head of the Global Procurement & Supply Chain Practice, Odgers Berndtson
  • Martin Chilcott, Founder and CEO, 2degrees
  • Dapo Ajayi, Chief Procurement Officer, AstraZeneca

We’ve seen some of the ideas that our speakers will be discussing on the day, and believe us when we say, you do not want to miss out.

In the next few weeks, we’ll be introducing you to all of our speakers and giving you some previews of their key themes and topics. The best way to stay up to date? Register for the event now!

How you can take part

The Big Ideas Summit is open to all Procurious members. It doesn’t matter where you are in the world, we want you to help shape the agenda. Register your attendance in our Procurious Big Ideas 2016 Group.

On Twitter? You can also submit your questions by tweeting us @procurious_ using the hashtag: #BigIdeas2016

You can also stay up to date, and get involved in real time, LinkedIn or Facebook, also using the hashtag #BigIdeas2016.

For more information about the day head on over to our bespoke event site at www.bigideassummit.com.

Don’t miss out on this truly excellent event and the chance to participate in discussions that will shape the future of the procurement profession. Get Involved, register today.

The Smart Way to Buy Your First ERP System

You might not realise it, but you could be making a common mistake when buying your first ERP system.

When should a growing company start thinking about a formal, automated spend management program? At the same time you get your first ERP system. The two go hand in hand, but most companies put an ERP system in place and then, when they get to about 800 or so employees, they start thinking about automating spend management, starting with e-procurement and e-invoicing.

A little further down the road, they start thinking about systems for budgeting, travel, employee stock administration and maybe analytics.

The problem with thinking about all these systems separately and sequentially is that instead of thinking about the optimal way to handle each function, you’re thinking about how to solve each problem within the constraints of the systems you already have.

It’s like building a house without a set of plans, one room at a time. It’s an inefficient way to build, and you’re going to end up with a pretty funky floor plan.

You can save time and money, and gain a competitive advantage, by thinking about your finance system as a whole, and drawing up a set of plans for building it from the foundation up, starting with ERP and spend management.

It all starts with invoicing

Your finance system really starts when you start paying invoices. What most growth companies do is buy QuickBooks or some other inexpensive entry-level software to do that, and then shift their focus back to sales and revenue.

As the company grows, it becomes evident that this entry-level system is no longer meeting the company’s needs so they start thinking about an ERP system. These days that doesn’t have to be a multi-million dollar undertaking. Cloud ERPs such as NetSuite can work for businesses as small as 40-50 people, and they can scale up to work for as many as 100,000 people.

So, the CFO or Controller spearheads an effort to get an entry-level ERP system to address core financials, and then, once again, they shift focus back to sales and revenue.

The ‘flip the switch’ myth

Spend management – most notably, e-procurement and e-invoicing – are what people typically tackle next, but most postpone thinking about them until they get there. Or they think, “the ERP system has some requisitioning and invoicing functionality. We’ve got the license and we’ll just flip the switch on those when we need them.”

If only it were that easy.

Yes, many ERP systems do some basic requisitioning and e-invoicing. But their functionality will not come close to satisfying requirements for effectively managing spend, and there’s too much they don’t do, such as sourcing and contracts.

Flipping the switch will only expose those decisions you didn’t make at the outset. Don’t fall into the “flip the switch” trap. Nobody intentionally uses the requisitioning in their ERP to manage spend – they settle for it.

Or, they figure out they need more functionality than the ERP provides and launch an entirely new initiative to vet spend management solutions. But it could have all been figured out at the point where you went from QuickBooks to NetSuite, without taking too much more time, money and resources.

ERP and those first pieces of spend management should be done all at once, so bring procurement and AP to the table for that discussion. Not only will you make a better buying decision, but you’ll have an opportunity to streamline the implementation process.

It will only take fractionally longer to implement both at once, but if you do your ERP implementation and then come back later to implement spend management, you’ll end up doing a lot of the same work over.

A Biggish Bang

There might be reasons to do it that way, but those have to be weighed against the fact that when it comes to your financial management system, it’s not “if” but “when.” It makes more sense to implement ERP and spend management solutions together in a biggish bang because like peanut butter and chocolate, they’re even better together.

Spend management is a low impact, high return insertion that will make your ERP implementation better. The procurement piece can create all the purchase orders that get pushed into the ERP, where you’ve already got the right categories and accounting codes.

Why wouldn’t you want to feed your ERP good, clean data to begin with, in an easy way that people can use and understand? With the cloud, it doesn’t matter if you only have twenty people buying things, or if you’re only doing a few hundred invoices a month.

You probably won’t automate your whole financial system right out of the gate, but you should still think it through and draw a set of plans with the end goal in mind. So, think thrice before you buy that ERP system. Think about the next imminent piece, which is spend management. Think about how you build out from there. You’ll be way ahead of the competition that’s doing it the way we’ve always done it.

You’re not going to have a lot of messes to clean up because you set it up right from the outset, and you’ll be paying a lot less for transactional processing than the competition.

Does Your CPO Have Big Ideas?

Is your Boss a Perfect Fit for the Big Ideas Summit 2016? Nominate your CPO to attend this unique event.

At Procurious we know people don’t leave companies, they leave bosses. So we want to reward great bosses – procurement leaders who are leading by example, keeping their teams energised, investing in individuals’ careers, and continuously pushing procurement to excel.

On April 21st in London, Procurious will connect 50 top executives, thought leaders and CPOs, with its 12,000+ worldwide members to forge new ground by solving the thorny issues in, and harnessing new opportunities for, the procurement profession.

Only 5 places remain in our London audience. And here’s how you can help your CPO attend

Nominate your CPO

As we’ve said, there are only 5 places left, but we’re giving the Procurious community the chance to help fill them. You’ve already read plenty about the Big Ideas Summit, found out how to get involved as a Digital Delegate, and get involved by submitting your own Big Ideas.

What we’re offering here is the chance for your CPO to attend the event in London in person, rubbing shoulders with representatives of some of the world’s biggest organisations, such as Facebook, the World Bank, the BBC, and AstraZeneca.

The nomination process couldn’t be any easier either. All you need to do is fill in a short form with your and your CPO’s details, telling us why you think they are deserving of a place in the Big Ideas delegation.

Is Your CPO a Perfect Fit?

So, how do you know that your CPO is the right person. Well, picture them and think about the following points. These attributed are what we are looking for in our CPOs who are attending Big Ideas:

  • Progressive – your CPO is ‘on trend’ and always up to date with the latest key themes and issues in procurement.
  • True Influencer – your CPO shares their knowledge freely and widely, has had something they have written published and shared, or has a particular area of expertise. This could be within your organisation or the broader profession.
  • Big Thinker/Creative – your CPO is creative and likes looking at the bigger picture. But they’re also open to other people’s big ideas too.
  • Wants to expose his/her team to opportunity – your CPO wants to give their team the chance to access thought leadership from some global experts.
  • Tech savvy – this is a digitally-led conference, so we want our attendees to be advocates for technology, including social media, for procurement.
  • Committed to diversity and promoting young talent – makes sure that their team reflects diversity and is full of opportunities for the next generation of talent.
  • And, of course, an Awesome Procurement Boss – and because you want to reward them for being awesome!

How to Nominate

If your CPO meets most, or all, of the above attributes, then nominate them now!

To be eligible to attend, your CPO needs to be in London, in person, on April 21st. Procurious will be extending the invitation, but the cost of the ticket and travel is down to them.

To nominate your CPO, simply click here, tell us your CPO’s details, and why you think they should be at Big Ideas. Let us know your details too, so we can get in touch if we need to.

Nominations close on Tuesday the 29th of March, with CPOs contacted following this date.

We look forward to hearing from you!

Want to know more about Big Ideas 2016? Then visit www.bigideassummit.com, join our Procurious group, and Tweet your thoughts and Big Ideas to us using #BigIdeas2016.

Don’t miss out on this truly excellent event and the chance to participate in discussions that will shape the future of the procurement profession. Get Involved, register today.

What’s Your Big Idea? Tell Us in 60 Seconds or Less

Once again, we’re on the hunt for YOUR Big Idea – what are the things only you can say?

What's Your Big Idea?

We believe everyone has a unique vantage point in the industries, communities and businesses they work in. At the Big Ideas Summit 2016, which takes place on 21st April,  we will be asking our speakers and attendees to record their ‘Big Ideas’ live on camera for the whole of our Procurious community to see.

This was a huge success last year and if you’re keen to see some of the videos from 2015, head over to the learning section for some inspiration.

Where Do YOU Come In?

Procurious wants you to share your ideas with our community by creating a 60 second video. It’s super easy to do this on your computer, laptop or phone – whatever works for you! We’ve provided some more detailed advice below on how to submit your Big Idea.

You can make the most of your unique position as both a procurement professional and Procurious member by telling us what you think is the next Big Idea that will change the face of the procurement profession, based on some of the amazing experience and insights you have.

Your video will help to generate interest and discussion on your Big Idea, give you the chance to share your wisdom with a global procurement community, and provide you with a platform to amplify your thoughts, and turn you into an influencer. We will also be using your submissions to help guide the conversations and discussions at Big Ideas 2016.

Need Further Encouragement?

Why not have a look at one of last year’s videos.  Bertrand Maltaverne had a great Big Idea to share with us and we’re certain you do too!

How to Submit Your Big Idea

We don’t mind if you film your submission on your phone, tablet, laptop or PC. However, to help you out we’ve compiled a list of some of our recommended methods for reaching out.

Once you’ve completed your film, you can reach us by email ([email protected]); on Twitter (@procurious_) or via Google Drive or Dropbox (using [email protected]).

Record Your Big Idea

Probably the easiest way to record your video is to use the camera on your phone, laptop or PC. We’re not expecting a Hollywood-style production, just so long as we can see your face, and, just as important, hear your great idea.

If you’re struggling to record it on your phone, get a friend, family member, colleague, or trustworthy stranger to hold it for you! Remember, we’re only looking for a 60-second video, so know what you’re going to say, and practice a few times.

Once you’ve finished, and saved the video to your device, you then have a couple of options for sharing them with us.

Email

Want to submit your video using a good old-fashioned email? We’ll absolutely accept that!

Attach your video to an email with the subject line ‘My Big Ideas Video’ and send to [email protected].

In the body of the e-mail, give us a one or two sentence synopsis of your Big Idea so we can upload this information to the website too.

Google Drive or Dropbox

Is the video file size too large for e-mail? Then why not share it with us on Google Drive or Dropbox. Both systems are free to use and are simple to set up.

For Google Drive, get started using these instructions, upload your file, and then click to share with Procurious. You can use [email protected] for this too.

For Dropbox, you can find all the information you need here. Again, upload the video file, and then share it with us.

YouTube

Alternatively, if you have always dreamed of being an Internet star, you can use YouTube.

  • Head over to https://www.youtube.com/upload and either select a readymade video to upload, or hit ‘Webcam capture’ to film your piece on the spot.
  • Select ‘Start recording’ to get the camera rolling (remembering to tick ‘Allow’ should you be prompted by YouTube’s Privacy Settings)
  • When done press ‘Stop recording’ followed by ‘Continue’.

Don’t be daunted by filling-out the ‘Basic info’ – all that’s required is a title, short description, and some tags. For your title we’d suggest using something along the lines of: My Big Idea is… [insert here]

In order to make your video easy to find, we’d recommend using the #BigIdeas2016 and Procurious tags – but feel free to add more!

Click ‘Publish’ when you’re happy and remember to send us the YouTube URL when it’s live.

After that, you can sit back, relax and watch your number of views rocket!

Questions

If you have any questions (and we mean, any questions at all) about creating your video, sharing it, or what we plan on doing to it, please get in touch. One of the team will be able to talk you through what you need to know.

We can’t wait to go through all of your submissions and hear your Big Ideas for Procurement.

So…what are you waiting for? Get recording!