A recent article in the CPO Agenda had some good Dos and Don’ts of Procurement Leadership that are worth repeating. Today we’re going to dive into the other five don’ts and put an SI slant on them. DON’T: Wish for a Quiet Life Not only do you have to constantly evangelize the benefits of your procurement, but you have to be in the thick of it day in and day out. After all, any job that’s too quiet is probably on …
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Part I reviewed the definitions of strategy offered by Alfred D. Chandler Jr., Kenneth R. Andrews, Michael E. Porter, Thomas J. Peters and Robert H. Waterman Jr., Richard N. Foster, Andrew S. Grove, and Henry Mintzberg, who are generally thought to be (among) the preeminent strategists of the last 50 years. It then indicated why each, on its own, was not sufficient. Part II looked at the definitions provided by Richard Whittington, Gordon Walker, and Robert Wittman and Matthias P. Reuter and derived not only some generic approaches to strategy, but many of the essential elements that a …
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Forget Eyjafjallajokull, and the ash cloud that didn’t exist. The biggest risk to your supply chain is not an unexpected natural disaster. It’s the people in, and around, your supply chain … and the nutjobs that will overreact when there is no plan in place to follow. The best argument for supply chain risk management, as outlined in recent research from Manchester Business School (reference), is the simple fact that 88% of supply chain interruptions are the consequence of human action. This includes accidents, production problems and labour unavailability …
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A recent article in the CPO Agenda had some good Dos and Don’ts of Procurement Leadership that are worth repeating. Today we’re going to dive into five of the don’ts and put an SI slant on them. DON’T: Overpromise Procurement still doesn’t have the recognition that Marketing, Sales, Legal, and other traditional business functions have. And we’re not going to get it if we set expectations we can’t deliver on. So while it’s important to promise (almost) as much as …
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By: Paul Reynolds, Chief Research Officer, TPI Momentum
New data released yesterday by our research arm, TPI Momentum, predicts the number of outsourcing contracts awarded globally will rise this year as organizations seek new ways to optimize critical…
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Part I reviewed the definitions of strategy offered by Alfred D. Chandler Jr., Kenneth R. Andrews, Michael E. Porter, Thomas J. Peters and Robert H. Waterman Jr., Richard N. Foster, Andrew S. Grove, and Henry Mintzberg, who are generally thought to be (among) the preeminent strategists of the last 50 years. It then indicated why each, on its own, was not sufficient. Part II looked at the definitions provided by Richard Whittington, Gordon Walker, and Robert Wittman and Matthias P. Reuter and derived not only some generic approaches to strategy, but many of the essential elements that …
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Yesterday, Apple confirmed that they purchased Intrinsity, a small company in Austin, TX known for their very fast performing mobile device chips. The NYTimes reports that the move helps Apple’s products, such as the iPad, hold a ~50% edge over competitors in terms of processing speed since the Intrinsity designed chip runs at about 1,000 [...]
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I’m going to miss the Supply Chain Management Review. Ever since Doug Smock left Purchasing, I’ve regarded it as the best publication in the space. It’s delivered solid content month after month and year after year. While I’ll be the first to admit that there were probably too many publications competing in what is still a small space, and that Reed probably owned more than it could make profitable, it’s unfortunate that it chose to shut them all down when it might have been more logical to shut all but one down and …
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A recent article in the CPO Agenda had some good Dos and Don’ts of Procurement Leadership that are worth repeating. Today we’re going to dive into the other five dos and put an SI slant on them. DO: Communicate You can’t afford to be the unsung hero any longer. Make sure to communicate your successes on a regular basis. Furthermore, make sure you use the language of finance when communicating those successes to the rest of the C-Suite. You …
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Part I reviewed the definitions of strategy offered by Alfred D. Chandler Jr., Kenneth R. Andrews, Michael E. Porter, Thomas J. Peters and Robert H. Waterman Jr., Richard N. Foster, Andrew S. Grove, and Henry Mintzberg, who are generally thought to be (among) the preeminent strategists of the last 50 years. It also indicated why each, on its own, was not sufficient. This post will look at some other definitions of strategy and try and arrive at a definition that can be applied to a business, and its supply chain. Then Part III will discuss how an organization …
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