Far from the predictions of many, category management is alive and well, but it is changing. Elaine Porteous explores how… Contrary to some predictions in the last decade about the demise and imminent death of category management in procurement, it is alive and well, but evolving. In truth, it is becoming more complicated as third-party … Continue reading Is Category Management Still A Career Choice?
Some people are on a journey of continuous improvement and, as a result, are more likely to achieve their goals. Here’s how you identify those with a growth mindset. The growth mindset theory was brought to prominence by Carol Dweck, a Stanford psychology professor, and in simple terms it suggests that “we can grow our brain’s capacity to learn and … Continue reading How To Hire Someone With A Growth Mindset
Younger workers are worried that an ageing workforce makes it more difficult for them to get a job – but just how much truth is there behind their concerns? The speaker of the United States House of Representatives, Nancy Pelosi, now aged 78, was once asked by an NBC reporter whether her decision to stay … Continue reading Is The Ageing Workforce Blocking Career Progression?
You may have thousands of contacts in your professional network, but how many of them are you actually influencing? In the age of big data, “vanity metrics” are a plague that affect every profession. Anyone who has a website, for example, will know that page views and “likes” may make you feel good, but … Continue reading Become The Translator for Your Procurement Network
The advantages of procurement outsourcing have been well-documented, the disadvantages – less so. In this article Elaine Porteous outlines how the trend has evolved and minimising the risks associated. The outsourcing of procurement tasks started off a couple of decades ago when companies found ways to process orders and invoices more efficiently. It grew and … Continue reading Procurement Outsourcing – What To Watch Out For
If CEO predictions are any indicator of what’s to come in the business world, buckle up, because we may be in for a bumpy ride. Here are three of the most influential KPIs for purchasing, invoicing, and expenses. If CEO predictions are any indicator of what’s to come in the business world, buckle up, because … Continue reading 3 KPIs for Digitally Transforming Your Business Spend: How Do You Measure Up?
Do you have the drive, interest, motivation and confidence to adapt to a multicultural situation? In the last article in this series we discussed what cultural intelligence (CQ) is and how it is an important tool in working effectively across distance, culture and time. I described the four main components of CQ, which are CQ … Continue reading Procurement Across Borders: Do You Have The Drive?