Transformational changes however cannot be accelerated without the right skills sets.. • The procurement experience vs. business thinking conundrum –
Which is the one you prefer? The center of gravity is seen to be shifting towards business thinking
• The attractiveness of procurement as a challenging career option –
The level of transformation taking place will definitely help the cause however will require strong internal and external marketing
• Strategic influencing, process excellence & compliance, exposure to other business functions are few key behavioral traits that will be crucial in transformation –
Fortune 500 CPO are increasingly looking for these
• Last but not the least CPO’s & middle management need to look beyond procurement next job options as tacitly impacts thought processes and expectations –
Galvanizes procurement function to see and align to the bigger picture
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