Tag Archives: podcast

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.

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!)

5 Global CPOs Answer Your Top 5 Procurement Questions

How did the CPOs at Barclays, Vodafone, The Co-operative group, AstraZeneca and Rio Tinto fare when we put them to the test in a round of quick-fire questions?

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

Wouldn’t you like to know how the best in the business feel about the value in professional certifications? Or maybe you’re keen to hear their take on the biggest mistakes made by procurement pros?

There’s just one week to go until we launch Career Boot Camp 2017, sponsored by Michael Page Procurement and Supply Chain and we can’t wait for you to hear all five podcasts!

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

Can’t wait that long? We thought we’d give you an exclusive sneak peak of what’s to come. 

We put each of our five speakers to the test with a round of quick-fire questions. Listen below to hear what they each had to say on the value of formal procurement certifications, the biggest mistakes procurement pros make and how to stand out from the crowd!

Day One: Ramsay Chu CPO Rio Tinto

There’s no question that Rio Tinto’s Ramsay Chu is passionate about procurement. He’s watched the profession evolve from a function that simply “saves money” to one that can transform and have a “scale impact” on the business: touching every employee in the organisation.

In his Career Boot Camp podcast Ramsay discloses what new skills he’s looking for in his hires and explains why technical skills are often of lesser importance.

And, if you’ve ever felt like a failure in your procurement career, Ramsay has some important words of comfort. Find out why failure is at the core of entrepreneurial spirit and how you can turn it to your advantage by “failing forward.” As he puts it “No one is an Olympic caliber downhill skier from the outset!”

Day Two: Ninian Wilson Global Supply Chain Director & CEO Vodafone Procurement

Vodafone CPO, Ninian Wilson, is a man with a lot on his plate. He manages a colossal spend of €22bn and oversees 1100 employees. But that’s not stopped his determination to innovate with new companies, new products and new services.

In his Career Boot Camp podcast Ninian explains why he strives so hard to foster this culture of innovation at Vodafone.

And if you’re wondering what Ninian is searching for in his new hires, it’s the “data rockstars!”

Ninian Wilson’s podcast will be available on Procurious from 5th September.

Day Three: Dapo Ajayi CPO AstraZeneca

It’s not a bad thing to forever shoot for the stars when it comes to innovating with your suppliers. But don’t be underestimating those smaller successes and achievements!

Dapo Ajayi is keen to remind procurement pros that the smaller ideas and innovations carry a lot of weight; building trust, improving collaboration and creating opportunities for greater change further down the line.

She also discusses what business acumen means to her in the context of procurement, how to better align procurement with business stakeholders and offers guidance on how to become a CPO

Dapo Ajayi’s podcast will be available on Procurious from 6th September.

Day Four: Fabienne Lesbros CPO Co-operative Group

Rigid processes can inhibit procurement’s ability to advance efficiently but there are ways to prevent them from getting in your way. Fabienne Lesbros has some welcome advice on the subject as she advises that procurement pros present the cake, rather than describe the recipe!

She also describes her vision for the future of procurement, the importance of continuous development and why we must resist using procurement jargon!

And, if you’ve ever assumed that today’s CPO’s followed a clear and well-crafted career plan, think again! Fabienne explains how her ascent to the top went a little differently!

Fabiene Lesbros’ podcast will be available on Procurious from 7th September.

Day Five: Al Williams Managing Director & CPO, Barclays

What are today’s CPOs looking out for in the high performing procurement leaders of tomorrow? For Barclays CPO, Al Williams, it’s all about embracing change. But he isn’t just looking for procurement pros that are simply able to tolerate, or adapt to, big changes. If you’re in the driver’s seat, you’ve got to take the wheel and drive the agenda!

Al also 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!

Al Williams’ podcast will be available on Procurious from 8th September.

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. 

A Futurist, An Economist, A Professor, A Psychologist and a CFO Walk Into A Bar…

A Futurist, An Economist, A Professor, A Psychologist and a CFO Walk Into A Bar…It may sound like the start of a terrible joke, but in fact, this is the stellar line-up of experts featuring in Even Bigger Ideas. And alright, they didn’t  actually walk into a bar, it was more of a podcast series…

Whether you love learning on the go, at your desk, on your lunch break or from the comfort of your own sofa, Even Bigger Ideas is made for you! The series is free for all Procurious members and can be found in the learning section of the site.

Why not spend 15 minutes with each of our procurement power-players as they highlight the trends disrupting business. Here’s what you can expect:

1. Make Sure You Still Have A Job In 2020

Futurist Anders Sorman-Nilsson warns that unless procurement pros act now, there’s a good chance they’ll find themselves unemployed as early as 2020. It’s time to embrace the gig economy, learn to speak the language of digital and invest in our education.

Listen to Anders’ podcast here or read more here

2. The Unpalatable Update On Thinking The Unthinkable

It turns out that thinking the unthinkable in the current climate is becoming a rather unpalatable affair. Nik Gowing, BBC Broadcaster and Visiting Professor at King’s College, explains why leaders must learn to recognise and handle impending unthinkables or risk going out of business.

Listen to Nik’s podcast here or read more here

3. How Do You Know When Your Idea’s Got Legs?

Creating an encouraging environment for intrapreneurs in the biggest organisations can be tough. Rio Tinto CFO, Chris Lynch, offers advice on fostering innovation and some top tips on assessing when an idea has legs. How do you know if it’s worth investing time, and money, into someone’s idea and what can the biggest companies do to encourage and motivate their employees to think big.

Listen to Chris’ podcast here or read more here.

4. Unleash Your Creative Genius In Fifteen Minutes

Innovation is now firmly on the agenda for businesses worldwide. According to Creative Change Agent James Bannerman, there’s no such thing as a lost cause when it comes to unleashing creativity. It’s simply a matter of re-educating ourselves and learning some tips and tricks to unlock our creative potential.

Listen to James’ podcast here or read more here.

5. Trump & Trade: Hope For The Best & Plan For The Worst

Dr Linda Yueh, a renowned economist, broadcaster and Adjunct Professor of Economics for London Business School, discusses how supply managers can prepare for the major shifts in globalisation, trade and protectionism under Trump. With any luck the potential impacts on our global supply chains are over-exaggerated!

Listen to Linda’s’ podcast here or read more here.

Four Ways To Ensure You Still Have A Job In 2020

Futurist Anders Sorman-Nilsson warns that unless we act now, there’s a good chance we’ll find ourselves unemployed as early as 2020. 

Sorman-Nilsson spoke with Philip Ideson as part of Procurious’ Even Bigger Ideas, a 5-part podcast series sponsored by State of Flux. You can access the series exclusively on Procurious.

Futurist Anders Sorman-Nilsson wants procurement professionals to ask themselves two crucial questions.

  1. Firstly, think about your future career, your employability, or your entrepreneurial plans for the future. Given the kind of work you’re doing today, can a computer, an algorithm or artificial intelligence do it faster, cheaper, and more efficiently in the future?
  2. Imagine jumping into a time machine and travelling to 2020. You step out of the machine, expecting to find yourself further up the career ladder, successful and wealthy. Instead, you discover yourself lying on the couch, watching daytime television, and no longer employable. What happened?

Roll up your sleeves and conduct a pre-mortem

Business are familiar with conducting post=mortems, particularly after a project or initiative has failed. Sorman-Nilsson advocates for “pre-mortems” instead: “Imagine that in 2020, your personal employment brand is now defunct. You’re no longer employable. What were the trends that you missed? What were the signals you chose to ignore? And what were the education investment decisions that you chose to delay that led to your personal brand’s demise?”

“Finally, ask yourself what change will you make today to prevent that outcome from happening?”

Job-stealing robots are already here

It’s notable that when Sorman-Nilsson talks about time-travel to the future, he doesn’t pick a far-off date decades down the track. He chose 2020, less than three years away. That’s because the AI disruption is happening already. Self-driving cars are a reality, machines have automated a lot of blue-collar work and AI is already impacting white-collar work. “In Japan recently, 34 humans in complex insurance claims processing were made redundant in favour of an insurance firms’ investment in IBM Watson to do those claims instead. We’re really just scratching the surface of what’s possible with artificial intelligence and computing power.”

Four actions to take today to save your career in the future

  1. Examine your skill set and focus on where you, as a human being, might still have some kind of competitive advantage over a robot. Where can your emotional intelligence (EI) compete with, or complement, artificial intelligence (AI)? In a world where everything that can be digitised eventually will become digitised, what are the fundamental human skills that you add to a profession that’s largely about numbers?
  2. Learn to speak digital: “You don’t need to speak Java or know the intimate details of cloud computing and data science, but you need to be comfortable in speaking digital. Digital really is the global language of business for the future.”
  3. Embrace the gig economy: As corporates start opting for robots instead of humans, it’s time to take matters into your own hands and offer your personal brand through increasing entrepreneurship.
  4. Invest in your education: “While we’re already experiencing fundamental shifts, we do have some time to prepare ourselves, but this means we need to really invest in our own learning, and our own agility in the way we position our skills. Aim to invest in at least one new skill every year.”

Anders Sorman-Nilsson is the founder of Thinque – a strategy think tank that helps executives and leaders convert these disruptive questions into proactive, future strategies. His latest book is titled Digilogue: How to win the digital minds and analogue hearts of tomorrow’s customer. 

Are you a CPO in the Asia-Pacific region? Don’t miss out on seeing Sorman-Nilsson’s keynote at PIVOT: The 10th Annual Asia-Pacific CPO Forum in May 2017.