“Is Your Organization Committed to Procurement Talent Management? – part 2”

Too many organizations take an informal approach to talent management, often dwelling on the tactical skills -- if they focus on anything at all

By ·

Too many organizations take an informal approach to talent management, often dwelling on the tactical skills—if they focus on anything at all.

As graphically illustrated in Part 1, there are four categories of knowledge and competencies worth your attention:

(a) the market- and functional-level (this includes a wide variety of strategic and tactical areas)
(b) cross-functional skills
(c) cross-cultural skills
(d) “soft-side” skills


The first step is to assess your organization’s current state in each category; and then construct a relevant development plan for the department, and each individual.

It’s important to note that the relative importance of these areas depends on the job level and responsibilities. For example entry-level positions tend to be more heavily focused on fundamental market- and functional-level skills. At the other end of the career ladder, success for leadership positions (e.g. CPO, VP, Director) tends to be driven by the so-called soft-side skills (such as leadership and transformational skills) as well as cross-cultural skills.

One common concern is that the budget support for talent management won’t always be there. That is more likely to occur when talent management is done as a standalone activity. In our experience, talent management is most effectively “sold” when incorporated into an overall Procurement Assessment & Transformation Roadmap (with an associated business case).

Interested to learn more?
http://www.greybeardadvisors.com/services/procurement_and_scm_transformation


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
SaaS Supply Chain Management Systems
A guide to better understanding the market, the software and the benefits
Download Today!
From the November 2016 Issue
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL) provider that could successfully combine transportation services and technology capabilities under one roof.
Warehouse & DC Operations Survey: Ready to confront complexity
2016 Quest for Quality Awards Dinner
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Digital Evolution: Streamlining Logistics and Supply Chain Operations
In this FREE virtual conference we'll define the challenges facing operations and offer solutions designed to create dynamic, automated networks that offer seamless communication, improved collaborative third-party relationships, and the ability to respond to changes at a moment's notice.
Register Today!
EDITORS' PICKS
Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...
Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...

Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....
25th Annual Masters of Logistics
Indecision revolving around three complex supply chain elements—transportation, technology and...