Tag Archives: career advice

Take Some Advice From Procurement’s Top Influencers

Don’t cry because it’s over…. Smile because you can re-live all of the action from The Big Ideas Summit Chicago on Procurious! The event might be over, but you can still  register for The Big Ideas Summit Chicago to access footage  from the event. 

Last week, Procurious gathered 50 of the U.S.’s top procurement and supply chain influencers in Chicago for the Big Ideas Summit for a day of rich discussion on the trends impacting our industry.

We debated whether entrepreneurial skills are something we’re born with or something we can teach…

We learnt why procurement pros must become better intelligence gatherers in preparation for the disruptive forces coming our way in 2018…

And we discovered that it’s possible to engineer moments of serendpity to ensure we meet the right people at the right time!

Couldn’t join us on the day?

Did we slip your mind? No problem! The Big Ideas Summit itself might be over but the global brainstorm continues on Procurious. There’s heaps more content to get your teeth stuck into via the learning area and in our Big Ideas Summit Chicago Digital Delgate Group.

Here’s a taster of some the content you can expect…

Everyone’s A Little Bit Entrepreneurial

Nina Vaca, The Chairman and CEO of Pinnacle Group has experienced a roller-coaster of ups and downs in her 20-year journey from a niche IT business, that was started on her living room floor, to the workforce solutions powerhouse it is today.

She offered some fascinating insights in to her life as a successful entrepreneur and asked us to think of entrpreneurship as a continuum, and not as a noun.

Everyone, Nina believes, has a little bit of entrepreneurial skill. Whilst your position on the entrepreneurial scale whether it be 5, 50 or 100 determines your overall potential, we can all move forward in our abilities to some extent!

Nina also provided some advice on how to spot entrepreneurial qualities during an interview process. How do you identify the visionaries, the ones with fire in their belly who will galvanise the people around them. Find out more below:

Can We Speed Up Real Life?

Greg Lindsay, Futurist, Urbanist, Journalist and Author, is a firm believer in the fact that innovation is fundamentally social. Indeed, case study after case study has demonstrated that the best ideas are more likely to arise from a casual chat around the water fountain than in any scheduled meeting.

So how do we engineer serendipidous moments. Of course, as Greg acknowledged at last week’s event, this is an oxymoron. But it is possible to create the conditions for unplanned encounters with people where ideas can happen. How do you meet the person in the office you should be working with, how do you meet people in the same social speheres you are yet to encounter?

Greg’s presentation was all about accelerating the experience of life, which is all about unplanned encounters. They happen all the time anyway, so the trick is to figure out how we can bend them to our will? Learn more in Greg’s video interview:

You Have All The Info You Need. Now, What To Do With It All…?

Justin Crump, CEO at Sibylline thinks that every procurement leader needs to become a better intelligence gatherer.  Given the rate at which technology is evolving and how global events are impacting the world, it is increasingly difficult for companies to keep-up without considering risk in real-time. Intelligence about the world we live in drives business operations and the better informed we are the easier it is to drive progress.

Justin explained that procurement teams need an effective process to managing the information they have and turning it into something they can use, what he terms an “actionable insight”.

In the past it was hard to get hold of information and now we’re swamped with it with the advent of social media – the challenge is pulling it al together.  In his video, Justin offers some advice on how to do this and outlines the disruptive forces are heading our way in 2018?

Want to see more from The Big Ideas Summit Chicago.  Register now  (It’s FREE!) as a digital delegate to gain access to all of the day’s action including video interviews with our speakers and attendees. 

Don’t let your career break become a career breakdown

We know the story; a promising career comes screeching to a halt! But how do you ensure your career break is the start of something brilliant and not the car-crash it, at first, appears to be!

The first part of my professional story sounds exactly like scores of other professional women’s: college, work, apartment, graduate school (nights), wedding, better job, travel, better job, and… family!

Suddenly, the career I had been working so hard to build came to a screeching halt. I went from being the Associate Director of Consulting at Emptoris to… well I didn’t know what. My newborn daughter was completely unimpressed with my title, my two graduate degrees, or my extensive knowledge of spend management principles. I honestly didn’t know if and when I would return to the workplace, in procurement or otherwise.

Then I received a completely unexpected, unsolicited invitation to join Buyers Meeting Point. Anna was 18 months old and her little brother Timmy was expected in a few months’ time. Could I juggle two small children and a fledgling business? I labored over the decision, but ultimately came to the realisation that I might never get such as opportunity again.

I am not a natural entrepreneur!

Here’s the funny thing about that: I am not a natural entrepreneur. I know a lot of entrepreneurs. They are a very unique and amazing group of people. They have vision. They have passion. They act with confidence even when they don’t particularly feel it. They have a tolerance for risk that I can hardly comprehend. In fact, I’m such a NON-trepreneur that when I was getting my MBA at Babson College (home of U.S. News and World Report’s #1 graduate program for entrepreneurship in the nation for over 2 decades) I did not take one class in entrepreneurship. Why? I was never going to own a business… doh!

I found myself at home with 2 children under the age of 2 and no schooling in entrepreneurship building a business. As I look back 8 years later, part of me is still shocked that I made it work. I think the key was my goal: to never, ever, ever, (ever!) return to a cube again.

My kids are now 9 (Anna), 7 (Timmy), and 4 (Joseph). They are healthy, active children, and since the kitchen table is also my executive conference room, my business life and personal life often collide. If your career break becomes a brand new beginning, here is my advice for balancing family and work from the joyful chaos of a home office.

Partner with your calendar and task list

When you have a lot of disconnected moving pieces in your head, your best bet is to communicate with yourself in writing. I am disciplined about keeping my calendar(s) up to date so that podcast interviews and new prospect calls do not collide with horseback riding lessons or meeting the school bus.

The same goes for managing tasks. I am not kidding about this piece of advice: if you do not write it down, it will not happen. Period. There are daily tasks, weekly and monthly recurring writing schedules, and one-off writing contracts. They all have to be kept in priority order so that deadlines are not missed. I find it helpful to work with a hard copy to do list each day, putting work tasks alongside family ones. That way, if the vet calls while I am finishing an article, or I see a request come in from a colleague to share something on social media while I am making lunches for the next day, I can jot it down without breaking off to find my phone.

Build a network

Something I know I share with procurement colleagues working in traditional positions is that feeling of dread that arises when someone at a party asks what I do for a living. “Procurement? What on earth is that?” Sigh.

It is even more important that non-traditional professionals have a strong network of peers to lean on. The major downside of working from home is that you can feel isolated without ever being alone (not even for a second). Using Skype and social media sites to build connections and invest in peer relationships is a must. Figure out who is really a ‘friend’ and who just wants another number in their connection statistics. Make sure you reach out to people and engage with their topics on a regular basis – not just when you need something.

And… most importantly, laugh!

For years, I have scheduled calls around nap schedules, archery lessons, half day preschool, and parent teacher conferences. In the summer (when book manuscripts are inevitably due for some reason…) I keep Italian ice in the freezer because it takes my kids so long to eat it. One of my final book manuscripts received a little additional editing from Anna – she drew a shark on page 137. I have presented webinars with Joseph driving Matchbox cars at my feet and once I tripped over a Minion toy during a podcast interview. Luckily, the sound was not picked up on my microphone!

When work and home life share the same headquarters, your best case scenario is two-way immersion. I like to think that I show my children that the only thing that can hold you back in life is the limitation of your own imagination. They have been at my side (cheering!) as I brought each of my final book manuscripts to FedEx to overnight to the publisher. My husband (a hardware engineer) has been called upon more than once to work ‘IT magic’ for some accessibility or conversion effort. I get to continue working in an industry I love without being tied to a desk.

With today’s connectivity and open-mindedness about contract labor, there are very few things that you can’t turn into a career from home. If you have the determination and discipline, there is no reason that you, too, can’t say good-bye to a ‘cube dwelling’ life forever.

Hope Is Not A Strategy

As Procurious assembles 50 of the U.S.’s most influential procurement & supply chain leaders in Chicago; you’re invited to take control of your career and join us for FREE as a Digital Delegate!

We’re live from the Big Ideas Summit Chicago! Register now as a digital delegate to follow all of the day’s action!

It’s all too easy to find excuses for why your career is not panning out the way you intended. Soft targets for blame include your employer, your peers, your organisation or even your own personal life- challenges for blocking your charge to the top.

You might be a rock star employee who delivered on all your KPIs, participated in “extra curricular” activities, and can boast a strong and supportive network (you even know the CEO!) but it doesn’t mean you’ll be offered your dream role when you think you deserve it!

The Common Denominator To ALL Your Career Problems

When career breaks don’t fall in your favour, you need something (or, even better, someone!) to lash out at. Bosses are always a great starting point, right?

“My boss is useless… emotionally inept…a control freak…”

The list goes on, and on! In fact, our Procurious community tells us there are some significant problems with procurement bosses around the world (we’ll be releasing those survey results in a couple of weeks).

Bosses aside, there are some real structural issues that are impeding procurement pros’ progress. These include super flat organisational structures that don’t allow for upward career progression and serious financial constraints that restrict team sizes and budget for training. These factors have many implications, one of which is that you can’t get away from the office to learn.

But…as I have always said, and will continue to say, the only common denominator in your career is YOU.

If you’re going to get anywhere with your career – you have to take control.

It’s Time To Take Your Career To The Digital Side

In today’s digital world, there is absolutely no excuse for you to not be advancing your career. And it’s no use turning a blind eye to all of the rapidly advancing tehnology developments, in the hope that it won’t impact you. It’ your responsibility to get on top of it!

If your boss’ attitude and organisational structure are thwarting your efforts, don’t keep knocking your head against a brick wall; walk along it, through the side door and into the ether!

Need to learn something? Take an online course. Have a question? Ask your global network of peers in an online discussion group. Need to improve your profile to get that next job? Post your achievements in a strategic way through social media, update your online CV, and connect with influential peers and thought leaders. This is easy…and can all be done from the comfort of your own desk.

It may not be as effective or as stimulating as attending live training or networking events, but when live attendance isn’t possible, eLearning is a viable alternative. In fact, in our recent Procurious survey, 61 per cent procurement pros said a combination of both online and offline was the ideal mix for propelling their career prospects.

The good news is that there is a lot of useful online content and it is only going to get better! Top training providers in the profession are responding to the market by shifting their entire courses into bite- sized units online. And your peers are voting with their feet (or their clicks!)

Procurious has seen interest in online learning grow steadily. There have been 65,000 downloads of the Introduction to Procurement eLearning module and, just this month, more 6,000 procurement pros took part in our online Career Boot Camp. These figures demonstrate the value procurement professionals see in bite-size online learning.

Over five thousand Procurious members visit our discussion board every month to share ideas and offer advice to their peers. And our blogs spark debate, with members feeding their own commentary and ideas into the global community.

This group of Procurement’s Generation Next, are leveraging these online learning opportunities and connecting with thousands of peers around the world, as well as senior executives, thought leaders and CPOs.

Don’t Delay, Start Today!

Our digital Big Ideas Summits, along with all the other networking, discussion and eLearning we have on Procurious, will empower ambitious individuals, from wherever they are in the world, to stay ahead of the curve.

Together we aim to inspire a global generation of procurement leaders, business intrapreneurs, ‘people who can think outside the box’, and challenge them to take a more innovative professional outlook.

By registering as Digital Delegates today, procurement’s rising stars will be able to connect directly with other attendees, access video interviews from our speakers and other educational content– and even receive a digital goodie bag.

Live From Big Ideas Chicago

To register to attend for FREE as a Digital Delegate sign up here. 

Your Procurement Career Upgrade: Download Complete!

Career Boot Camp 2017: That’s a wrap! 5 global CPOs, 5 FREE procurement podcasts – available NOW! 

Career Boot Camp 2017 is done and dusted!  Sign up here (It’s FREE!) to access all five podcasts. 

Procurious promised we would upgrade your career.

We pledged that we would transform your procurement future.

We swore our five, global CPOs would prepare you for workplace 4.0.

But we never said it would be easy!

Last week, Procurious and Michael Page Procurement and Supply Chain presented Career Boot Camp 2017.  If you joined us, we hope you’re feeling inspired and motivated to make you procurement dreams come true! Now’s the time to take you career to hand; using the tips, guidance and insights provided by our podcast speakers, you’re equipped to take the procurement world by storm. It’s going to be a long journey but we’re right here with you, every step of the way!

Want to catch up on any missed episodes, recap on your favourites or get stuck in to heaps of related content? Look no further.

Over 5000 procurement pros took part in Career Boot Camp.  Were you one of them?

I couldn’t make it, can I still take part?

Want to learn how to “fail forward”, why you should be locking up your data scientists or the reason Co-op’s CPO won’t be showing you her cake recipe?  

Great news! You might be a little late to the party but that means you can access the whole series in one fell swoop. Whether you want to listen on the go, from your sofa or during your lunchbreak, in one day, one week, or one month, Career Boot Camp 2017 is ready and waiting for you to listen at your leisure!

Anyone and everyone is welcome to partake in Career Boot Camp and it’s totally, 100 per cent free.

How do I join?

If you’re already a member of Procurious simply head over to our eLearning area to access the full series of Career Boot Camp 2017.

Not yet a member of Procurious? All you need to do is register here (it’s FREE!) and you’re good to go!

What can I expect?

Career Boot Camp 2017 was designed to help you transform your career and your future if, and only if, you’re ready and willing to upgrade! Our five CPOs provided inside information on what it’s like to work at their organisation, what they’re looking for in new hires and how they see the function progessing in the coming years.

More and more procurement professionals are opting to develop their key skills and gain knowledge through eLearning and other online channels. In a fast-paced, technology driven world, innovation, agility and forward planning are essential if procurement professionals are to succeed and be future leaders.

Need a little more persuasion. Click below to listen exclusively to Day 1 of Career Boot Camp in FULL.

Ramsay Chu, Rio Tinto CPO, How to Fail Forward:

“The best skiers have fallen many times. No one is an Olympic caliber downhill skier from the outset. It’s not a natural or innate talent that anyone’s born with. They get better by learning, pushing themselves to the limits, oftentimes falling, picking themselves up, and moving on.

“I think the fear of failure oftentimes casts a very long shadow, and potentially impairs our ability to really think big.”

Best of the Career Boot Camp Blog

Once you’ve had your fill of our five podcasts you might like to do a little wider reading. There’s heaps of great. related conten in our blog at the moment. Here are some of the highlights.

  • The Biggest Mistake Leaders Make On Their Way To The Top By Tania Seary, Founder Procurious – Procurement leaders, listen up! We hate to break it to you, but life’s not fair. And neither is your procurement career!
  • Personal Development: You Da Brand! By Matthew Friend, Associate Director Michael Page Procurement and Supply Chain – So you’ve decided you need to take your procurement career to hand by proactively managing your personal development? Here’s how to set yourself up for success.
  • 5 Global CPOs Answer Your Top Five Procurement Questions By Procurious HQ – How did the CPOs at Barclays, Vodafone, The Co-operative group, AstraZeneca and Rio Tinto fair when we put them to the test in a round of quick-fire questions?

Gain instant access to the full series of Career Boot Camp 2017 when you sign up to Procurious. 

Already a member of Procurious? You’re automatically enrolled for Career Boot Camp! Click here to listen now!

Barclays CPO: You’re In The Driver’s Seat, So Take The Wheel!

Don’t just come along for the procurement ride! If you want to make it big as a CPO, you’ve got to get in the driver’s seat and take the wheel!

Career Boot Camp 2017 launches on 4th September, featuring podcasts  with 5 global CPOs. Sign up here (It’s FREE!)  

What are today’s CPOs looking out for in the high performing procurement leaders of tomorrow?

Accepting change is good. But it’s even better if you can embrace it and drive it!

Barclays CPO, Al Williams, is certainly looking for more in his hires than a simple willingness to tolerate change. If you’re in the driver’s seat, you’ve got to take the wheel and drive the agenda!

On the fifth and final day of Career Boot Camp, Al discusses how procurement can generate value, how the function should be positioned within an organisation and how he encourages his hires to think about positive change.

And, if you’re in the market for some new shining stars, find out what you can do to make procurement a preferred and enticing destination for the next generation of professionals!

Five days, five CPOs, five fifteen-minute podcasts to help you upgrade your procurement career. 

Featuring tips and guidance from the best in the business, each of our  CPOs will dedicate their week to coaching you on becoming the best procurement leader you can be!

On Day 5 of Career Boot Camp we hear from Managing Director and CPO Barclays Al Williams.

Need a little convinving before you sign up? Check out our teaser trailer below to hear what Al had to say in reponse to our quick-fire questions.

Grabbing The Wheel

What attributes is Al Williams looking for in high performing procurement leaders?

“We’ve been building out a new leadership team in our procurement organization so I’ve had an opportunity to interview and select people, both with internal, internal within the organization and external. And some of the things I’m looking for, in addition to what I just talked about around innovation and problem solving and that kind of thing, is their ability and their willingness to embrace change. Not just manage it and tolerate it but they actually drive it, right?

“I want leaders who are in the driver’s seat, sort of pushing the agenda, and not just along for the ride, and certainly not those that feel like they’re victims and end up kind of victims as a part of a larger process. Deriving, embracing and driving change. I would also say a collaborative approach is very important and it’s collaborative in two dimension from both inside the organisations and outside the organization and in the market.

“It’s very important that we’re not the land of no, especially at a leadership level.  I think people want to be a part of an organisation like that, that’s a problem solving and collaborative team.”

What’s Procurement’s Position?

How should procurement functions position themselves within larger organisations? It’s a question that all senior procurement leaders are asking themselves. For Al, the answer is three-fold.

“One is we need to make sure that we’re positioning procurement as a strategic, value-adding player in the business, and not transactional. If we act transactional, and behave transactional that’s how the business will treat us, and that’s how we’ll be perceived by the business.

“Second is of course making sure that we align to the key business metrics or the key business outcomes that are important to the overall business strategy. And that would include things like financial metrics. That may be, if you’re a public company, [understand] what are the key things that are important to drive profitability and align determined outcomes to those. I would say the same thing from a risk perspective as well, aligning to the organisational risk tolerance, risk temperament and any metrics that are associated with that. So that’s an important positioning.”

And thirdly?

“Procurement used to be consultative, it needs to be in a position of influence, it needs to be helping the business, it needs to be sharing perspective, market knowledge, helping shape strategy, at least from a spin perspective for the business. When I talk about helping the business, a good example is policy compliance. We tend to have to be the communicator of, and sometimes the police of, certain policies in our businesses.

“I think it’s very important that procurement is positioned as ‘Hey, we’re here to help you be compliant to the policies and to help sort of maneuver you through the mirage of steps and checks that need to happen'”.

Listen to Al’s full podcast when you sign up to Procurious. Career Boot Camp 2017 launches on 4th September, featuring podcasts with 5 global CPOs. Sign up here (It’s FREE!) 

Already a member of Procurious? You’re automatically enrolled for Career Boot Camp! Click here to listen to Al’s podcast in full.

Rio Tinto CPO: How To Fail Forward In Procurement

“No one is an Olympic caliber downhill skier from the outset!” Ramsay Chu, CPO Rio Tinto. That’s why procurement pros have to learn to Fail Forward! 

Career Boot Camp 2017 launches on 4th September, featuring podcasts  with 5 global CPOs. Sign up here (It’s FREE!)  

What better way to advance your procurement career than gaining inside information from the very best in the business.

If you only knew your CPO’s top priorities, what they’re looking for in new hires or how they see the procurement function evolving, you’d be perfectly placed to dazzle them with your foresight and intuition. Sound appealing, if not a little far fetched?

It shouldn’t do because Career Boot Camp 2017 launches today and promises to deliver with insights into all of the above.

Five days, five CPOs, five fifteen-minute podcasts to help you upgrade your procurement career. 

Featuring tips and guidance from the best in the business, each of our  CPOs will dedicate their week to coaching you on becoming the best procurement leader you can be!

There are a hundred and one reasons to tune in each day this week week but Rio Tinto CPO Ramsay Chu’s podcast is as good as any.

Need a little convinving before you sign up? Check out our teaser trailer below to hear what Ramsay had to say in reponse to our quick-fire questions.

Why Should Procurement Pros Fail-Forward?

As a CPO, it’s crucial to foster an entrepreneurial spirit within your procurement team, no matter how large the organisation. Ramsay explained to us that this happens when businesses create a safe environment for their employees to be creative.

” While that seems really abstract, I think a much simpler way to do it would be to create an environment where we can allow team members the emotional safety to speak up, develop the courage to share an idea that may not be part of the norm, and, more importantly, allow them to feel comfortable to fail.

“Trying and failing is really at the core of entrepreneurship.

“We think about some of the most transformative evolutions that any of us have personally experienced in our professional or personal careers. I can tell you that it’s almost always fraught with a history of failure and that failure is at the core of developing the entrepreneurial spirit.

“To use a more personal ideology, I think it would be very much akin to skiing. The best skiers have fallen many times. No one is an Olympic caliber downhill skier from the outset. It’s not a natural or innate talent that anyone’s born with. They get better by learning, pushing themselves to the limits, oftentimes falling, picking themselves up, and moving on.

“I think the fear of failure oftentimes casts a very long shadow, and potentially impairs our ability to really think big.”

Tech skills? Pfft! We can teach that stuff!

We were also eager to pick Ramsay’s brains on the procurement talent Rio Tinto is snapping up.  As the procurement function evolves, new skillsets are required.

Ramsay acknowledged that skillsets have historically been centered around supply chain, finance, operations or engineering, all, as he describes them “technical dicisplines.”

“What we’re trying to do [at Rio Tinto]  is find people that absolutely have what I would consider more specific experience in some of the more intellectual or emotional disciplines, in the form of either liberal arts or communications. Ultimately, it’s the ability to solve problems that I think will help and drive transformation within a company. It all comes down to having the capability to engage, to understand, collaborate, more importantly, to influence.

“We’ve had some great success with people that are creative writers, a couple of people with philosophy majors, and even a couple of communications experts. We have to be focused now on behaviors, and ultimately we can teach them those technical skills. It’s very likely and possible that we can take a philosophy major and teach them supply chain. It sometimes is harder to teach somebody that’s been rooted in the engineering discipline to think differently, so to speak, or create a different behavior.”

Listen to Ramsay’s full podcast when you sign up to Procurious. Career Boot Camp 2017 launches on 4th September, featuring podcasts with 5 global CPOs. Sign up here (It’s FREE!) 

Already a member of Procurious? You’re automatically enrolled for Career Boot Camp! Click here to listen to Ramsay’s podcast in full.

The BIGGEST Mistake Leaders Make On Their Way To The Top

Procurement leaders, listen up! We hate to break it to you, but life’s not fair. And neither is your procurement career! 

Career Boot Camp 2017 launches on 4th September, featuring podcasts  with 5 global CPOs. Sign up here (It’s FREE!)

How many times have you been told about someone’s promotion and thought “how did they get that job? I would have been great for that!” Rejected and demotivated, you head home, resolute to move companies. You pour a tall glass of wine and start polishing your resume.

I’ve worked with hundreds of CEOs, CFOs and CPOs. I’ve seen people rise to the top, sink hard and fast to the bottom and flounder somewhere in between – never quite gaining the momentum required to propel an upward trajectory on their career.

From my experience, the biggest mistake people make in their quest for the c-suite is believing that the promotion process is fair.

Life’s not fair, and neither is your career…

You can do all the right things but it doesn’t mean you are going to land yourself the next big job. Corporations are complex and corporate politics are tricky, which means you’ll never really see the full picture.

You might be a rock star employee who delivered on all your KPIs, participated in “extra curricular” activities, and can boast a strong and supportive network (you even know the CEO!) but it doesn’t mean you’ll be offered your dream role.

So why do highly qualified candidates miss out on the top roles? There are a million and one reasons and you may never know the real answer. Some of the reasons for rejection will be about you, others will be about the company.

Here’s a handful of reasons why you may be blindsided:

Things that are not about you

  1. A change in strategy direction (ie. they put in a marketing person because they want “customer focus” or an IT person because they want a “technology focus”)
  2. The leadership team has changed and you are perceived as being part of the “old regime”
  3. They want to find a leadership role for another high potential employee and this is the best opportunity at that time
  4. There is a bias in the selection process. Even though companies are becoming increasingly aware of unconscious bias, it still may exist. Thirty years ago my husband participated in a leadership conference for 23 participants, 21 of whom were first-born sons, 1 female and 1 other male…which was my husband! Alternatively there may be a conscious bias to improve the diversity of the leadership team.

Things that are about you

  1. You’re not perceived as having the right level of experience (whether you do or not is irrelevant)
  2. You’re not promoting yourself enough. This doesn’t necessarily require an elaborate self-promotion campaign.It can also simply mean delivering on the basics. For example, one CFO told me he went into his internal HR system and some candidates didn’t even have their CV up to date, or a photo on fil That will make it unlikely for you to be selected. If you only do ONE thing as a result of reading this….PLEASE update your in-house profile!
  3. You’ve upset someone along the line. In hindsight, the inappropriate comment at an important executive meeting or the impromptu performance at the Christmas party may have been a career-limiting move. I actually know someone who slid down the boardroom table at a Friday night drinks, which may (or may not) have been forgotten, except that his belt buckle engraved a huge scratch from one end to the other – which was all too apparent to the Directors on Monday morning.
  4. Of course, the obvious: you just aren’t qualifi­­­­ed for the role!

It’s a long way to the top

As the famous ACDC lyrics go, “it’s a long way to the top if you want to rock ‘n’ roll” – tenacity is key. Wait patiently, which is not my strong suit, ­­­ for “your time”.

There is a direct correlation between how quickly you bounce back from a career disappointment and how quickly you get promoted. If you’re going to thrive, you need to take a long-term view on your career and build up your career resiliency.

I’ve seen this time and time again. One of my favourite examples was a mentor of mine who was at one point in a heated competition with one of her peers for the CPO role. Unfortunately she missed out, but quickly changed her perspective, becoming the trusted 2IC to her former peer, now boss.

Within twelve months she was headhunted to become the CPO of an even larger organisation! And guess who one of her biggest fans was? Yep!The very same person she had been competing with just a year ago; former peer and now boss,the CPO. How circumstances change!

Remember your career is not a sprint, it’s a marathon. You need to build career resiliency. In the long run, your endurance will pay dividends and chances are, you’ll land the dream job when you least expect it.

Career Boot Camp 2017 launches on 4th September, featuring podcasts with 5 global CPOs. Sign up here (It’s FREE!)

 

Personal Development: You Da Brand!

So you’ve decided you need to take your procurement career to hand by proactively managing your personal development? Here’s how to set yourself up for success.

 

 

 

 

 

 

 

 

 

 

Career Boot Camp 2017 launches on 4th September, featuring podcasts  with 5 global CPOs. Sign up here (It’s FREE!)

What are the attributes of top talent within procurement?

Are there any common themes among successful leaders?

Where should I focus to ensure my career continues to progress?

These are but a few of the many questions you’ll have asked at different stages in your career.  But I’d like to make the assumption that a focus on personal development is the area that suffers above all else. Workload, pressures of a role, delivery objectives and even personal life challenges  means we are constantly investing in the here and now, and not on our longer-term aspirations.

Personal development is a topic we are enormously passionate about at Michael Page. Not just for our own employees, but also through the conversations we have with candidates and clients every day. A lack of development is often cited as a main reason to change roles, with development and progression opportunities both being a compelling sell for a new employer.

It’s a wonderful thing to be inspired to take control of your career development. But it’s also easier said than done, particularly when it comes to kickstarting your journey. Here are my four key building blocks to help you set yourself up for great success!

1. What does good look like?

When thinking about your own personal development, a great place to start is to gain an appreciation of what good looks like, think of someone you have worked with that has stood out from the crowd and use that as your inspiration.

2. Using failure to progress

The starting point for me when thinking about individual procurement and supply chain leaders who stand out from the crowd is often bravery. Having the confidence and foresight to try something different. This approach requires a corporate culture and environment that encourages ideas and isn’t restrictive. On a personal level, having a growth mindset is critical for framing outcomes as a development of one’s own capability. Failure should help move you forward as much as success would.

3. Nature or nurture?

One of the questions you should ask yourself is how much your culture, environment and leader, enables you to show this type of bravery. The strongest leaders will encourage you to think differently, whilst also allowing a sufficient degree of autonomy to do so. More importantly, they’ll provide cover for you internally should things not work out as desired. It is important to work for these types of individuals for your own growth and development as a leader but the type of organisation you’re in is also critical. It needs to be one that has a clear focus on development and a path for progression.

4. You’re the brand!

Think of yourself as a product. You can only take a highly effective product so far without the right marketing and brand behind it. Equally, a product with strong marketing backing and investment that doesn’t deliver what the customer wants will ultimately fail. As an individual, you have to develop your procurement toolkit, your softer skills and general competence. But you also have to build a strong personal brand. Think about the CPO’s that you aspire to be like.  Your reasons are informed through a mix of their achievements and career highlights, but also the personal brand that they have created.

Be bold, be forward thinking and creative, find an environment that enables you to do these things. Above all, live your own personal values and beliefs then create a personal brand that is true to who you want to aspire to be.

Michael Page Procurement and Supply Chain have partnered with Procurious to bring you a series of podcasts from some of procurement’s leading lights.

Throughout this podcast series, five global CPOs will talk about their career journeys and the skills required to become tomorrow’s CPO. We hope this will provide you with the chance to reflect and positively affect your own development and longer-term career aspirations.

Career Boot Camp 2017 launches on 4th September, featuring podcasts  with 5 global CPOs. Sign up here (It’s FREE!)

Upgrade: Be Tomorrow’s CPO, Today

Five days. Five influential CPOs. Are you ready to upgrade your career  at Career Boot Camp 2017?

Sign up to Procurious to access Career Boot Camp from 4th September. 

Do you dream of becoming the CPO of a top organisation somewhere in the distant future?

Are you putting in the hours today to make sure you’re prepared for tomorrow?

Procurement leaders of the future will need to be agile, focused and equipped to deal with all of the changes coming our way with the developments in cognitive technology and Workplace 4.0.

That’s where Career Boot Camp comes in. Our podcast series will help you to transform your career and your future. But only if you’re ready and willing to upgrade!

Five days. Five CPOs. Five fifteen-minute procurement podcasts – tomorrow can’t wait!

What Is Career Boot Camp? 

The Procurious Career Boot Camp, sponsored by Michael Page Procurement and Supply Chain, is a global professional development event for procurement and supply chain professionals. This series, featuring five, fifteen-minute podcasts, will be hosted right here on Procurious and has been designed to help the most ambitious professionals amongst you to upgrade your skill-set.

It’s an opportunity to hear from the brightest and the best in the industry in a format that is FREE and easily accessible; on the go or in the workplace, providing answers to the most common procurement questions you’re desperate to have answered!

20,000 procurement pros took part in Career Boot Camp in 2016. This year will be bigger and better!

Who’s involved in this year’s Career Boot Camp?

Explaining how to crank it up one notch at a time, why you need to lock up your data scientists and the art of failing forward, our career coaches in 2017 include:

  • Ramsay Chu, CPO Rio Tinto
  • Ninian Wilson, Global Supply Chain Director & CEO Vodafone Procurement
  • Fabienne Lesbros, CPO The Co-operative Group
  • Dapo Ajayi, CPO AstraZeneca
  • Matthew Friend, Associate Director, Michael Page Procurement and Supply Chain
  • Al Williams, Managing Director and CPO Barclays

How does it work?

The series will run for one working week with a daily podcast released on Procurious from 4th September.  You can access each new podcast, featuring tips, insights and guidance from the best in the business, via our eLearning area.

Each of our five CPOs will dedicate their week to coaching you on becoming the best procurement leader you can be! Matthew Friend, Associate Director, Michael Page Procurement and Supply Chain, will be providing his top takeaways at the end of each podcast.

Each daily podcast will also be accompanied by a blog article from our speakers and there will be vibrant group debates aplenty via our dicussions board.

How do I access Career Boot Camp?

If you’re already a member of Procurious sit tight until the 4th September. The podcasts will be  published in our eLearning area throughout this week.

Not yet a member of Procurious? All you need to do is register (it’s FREE!) here and you’re good to go!

You needn’t worry about the event slipping your mind either. We’ll be sending all of our members an email reminder the week before.

And, to make things even easier, we’ll be sure to deliver each podcast straight to your doorstep (straight to your email inbox!) as they become available so you won’t miss out on a thing!

When is it?

Starting on the 4th September, Career Boot Camp will run for five days. The podcasts will be accompanied by daily blogs from our speakers. When the series is complete, all five podcasts will still be available via the Procurious learning area, FREE of charge.

Is it really free?

Yes! Sign up to become a member of Procurious, and you’ll gain access to all of the Career Boot Camp podcast content, as well as all of the other resources on Procurious including featured classes, e-learning videos, thousands of procurement news articles, a curated news feed and a global events calendar.

Are the podcasts available to everyone?

Anyone and everyone is welcome to partake in Career Boot Camp and it’s totally, 100 per cent free to do so- simply sign up to Procurious.

Why should I do Career Boot Camp every day?

More and more procurement professionals are opting to develop their key skills and gain knowledge through eLearning and other online channels. In a fast-paced, technology driven world, innovation, agility and forward planning are essential if procurement professionals are to succeed and be future leaders.

Dedicating fifteen minutes a day to developing and progressing your procurement career can make the difference between standing still, or moving quickly into more impactful roles. Hearing from the best in the business will give you a valuable head start on what’s required of tomorrow’s CPO. At Procurious, we firmly believe that daily procurement learning is essential for career advancement. And 2017’s Career Boot Camp will help you get into the habit!

Sign up to Procurious to access Career Boot Camp from 4th September. 

If you’re already a member you’ll be able to access the podcasts in our learning area from the 4th September 2017. 

Please Fire Me: I Just Can’t Quit!

Stuck in a miserable, but well-paid, job you can’t afford to quit? Don’t get yourself into that position in the first place!

Philip H. “hates his life”. Those are his exact words. Specifically, he hates his all-consuming job. The work bores him and he no longer believes in his firm’s mission. The gruelling hours he puts in cost him time with his family that he can never recover.

Here’s the kicker: Phillip earns several million dollars a year heading a major office of a top-tier advisory firm. So, you might ask, why doesn’t he quit?

He’s says he can’t afford to.

There’s a big mortgage on a luxury apartment, and another on the beautiful beach house he and his wife bought two years ago. (“The summer weekends we spend there are the only thing that keep me sane,” he says.) Then there are the three kids—all enrolled at a private school. The eldest will start college in a year; the others will follow soon. Tallying up his obligations, Philip envies his Wall Street friends who earn ten times as much as he does.

A couple of days ago I mentioned this story to a well-known financial columnist. “I hear this all the time,” he said. “Lots of people moan about how miserable they are at work but they can’t see a way out.”

“Boo, hoo,” you might say. “I’d trade places with Philip in a heartbeat.” But would a huge income really make up for feeling horrible about your life?

You might think that you could put up with a few years of misery for the freedom it would buy you. You’d put a lot of money in the bank, and then walk away to do whatever you like: launch a small company, or spend the rest of your days lolling on the beach. Maybe you’d devote the rest of your life to doing good in the world. Whatever your goal, you’d collect your last paycheck and say, “Adios.”

It’s not that easy, though. You wouldn’t make a bundle starting out. You’d have to put in your time first. And when serious money began to come in, it would be tempting to reward yourself creature comforts for all the stresses you endure. The higher you climb the ladder, the harder it will be to leave. Then one day you’d turn around and find yourself in Philip’s unhappy shoes.

It might seem that I’m writing about a problem that affects only a small set of people. But I think Philip’s case illustrates issues that apply wherever you are now in the organisational hierarchy, and whether you love your job or loathe it.

Most work choices aren’t either/or

It’s late in the game for Philip, but assuming a different role in his firm might be rejuvenating. Going on sabbatical might set a great example for other colleagues. By framing his decision as stay-or-go, he’s missing other opportunities.

If you’re unhappy at the office, other people know it

Philip’s negativity must come out sideways. If he hates his own job, how can he be enthusiastic when a colleague lobbies for a new project? A big part of his job is evaluating other people’s performance. His attitude is bound to warp his judgement. (I also worry about what he’s like at home.)

Toughing things out is not a career plan

Somehow Philip drags himself to work every day. Maybe he takes pride in his perseverance. As they say, however, “persisting in the same behavior expecting different results is the definition of insanity.” The way things are headed, he risks getting pushed out by his peers. Maybe that’s his subconscious agenda, but it would be an ugly way to go.

Plan your end game

When you take on a job, set a date when it will be time to move on to something else. You can always revise it one way or another, but it’s usually better to leave a year early than a year too late.

The most important lesson of Philip’s story is not getting into his situation in the first place. If Philip had kept these precepts in mind, he would have been alert to his growing feelings of frustration. At an earlier point, a lateral move to another firm or an entirely different field might have been easier. And if he had allowed for the possibility that the job might get stale, he might not have saddled himself with so much debt. But by the time he realised he was on a treadmill, he had gone so far he felt he couldn’t step off.

Sunk cost traps aren’t just financial. They can also be social, emotional, and deeply personal. Philip may have trapped himself with worries about what others will think about his walking away from what most regard as a dream job. I’d remind him of Samuel Johnson’s advice – that we’d worry less about what others think of us if we realised how seldom they do.

In the end, Philip’s self-respect is what counts. Walking away might feel as if he’s repudiating how he’s spent his recent years. But to me, belatedly changing an unhappy life sounds a lot better than doubling down.

This article was written by Professor Michael Wheeler and was orginally published on LinkedIn.

Professor Michael Wheeler’s Negotiation Mastery course on Harvard Business School’s HBX launched earlier this year. Applications for the next wave of students, starting in September, are now being accepted. Version 1.4 of his Negotiation 360 self-assessment/best practice app is available for both Apple and Android devices. It includes coaching videos and a tactics exercise.