In the Run for Procurement
A good place to start with thoughts turning to strategy and deliverables for next year.
While expensive training courses, CIPS study and qualifications, or superb leading-edge conferences, all have their place in the personal development portfolio – if you have the money – not everyone can afford to do all the things they would ideally like to do.
The cost of training and development activities is often a stumbling block when CPOs want to enhance team capability, so we have been thinking about steps and actions that can achieve benefits for the procurement team at minimal cost.
Bring in people from the “business” or other functional areas to talk to the procurement team – a great way of getting close to stakeholders and to learn about their roles, requirements and what they want from procurement. In our experience, they will also end up feeling more positive about procurement, and the team gain useful knowledge and insight.
Develop a knowledge management approach – capture examples of good practice (and bad practice), tools, ideas, and experiences. Carry out post-project reviews after every procurement project or incident (e.g. a tender, a supply crisis), get regular feedback from internal stakeholders and suppliers too and feed that into the knowledge management “system”. Then make sure the team can and do access it on a regular basis to improve their own performance.
Clearly some conferences charge for attendees, but not all do so. Procurex and eWorld are just two we’ve attended recently that were free to practitioners and provided a lot of very strong material to delegates.
If you are in a senior role, you might even get a free ticket to one of the events that charges generally – the organisers can attract more sponsors if they have a lot of senior delegates, so you can sometimes use that fact to negotiate. But even just in terms of the free events, this can be an important element of training and development plans.
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