Innovation

Organizational Readiness is the New Competitive Advantage

Posted: 09/07/2018 - 18:08
Organizational readiness is the new competitive advantage. Being able to quickly adapt to—and take advantage of—the rapidly evolving world of work is now the key to success or failure.  
 
The emerging workforce has evolving expectations of how they want to work and what their relationship with employers should look like. Combine those expectations with rapid innovation in technology and new business models, and we’re in a breeding ground for all forms of ‘non-traditional’ talent to thrive within the workforce.  

Challenging Ourselves: Be the Change

Posted: 08/24/2018 - 11:27
If we mean what we say about transformation, we have to be willing to question everything procurement does and how we do it. While procurement clamors for ‘transformation,’ I sometimes suspect that we are secretly hoping the solution will actually involve the rest of the organization awakening to the brilliance of our wisdom, and that they—not us—will do the majority of the changing.
 
Unfortunately, that scenario is unlikely to play out in reality. 
 

Software Supplier Management: The Gold Standard

Posted: 02/10/2018 - 01:50

Between budget cuts and complex contract language, managing IT spend and relationships with software vendors can prove to be quite challenging, especially if you’re not in a position with leverage. With new technology constantly being introduced to the market, best-in-class procurement teams understand the importance of being in a position with leverage – allowing the business to be in control of the vendors’ influence and the ability to evaluate alternatives.

Bridging the Strategy-to-Execution Gap

Posted: 01/27/2018 - 01:01

Outsourcing decisions often come down to a relatively simple cost-driven Return on Investment (ROI) calculation: how much will the cost change in each scenario and how quickly can that investment be recovered? 

On the surface, this purely economic approach seems appropriate enough. After all, economics are certainly important. But over-reliance on purely financial-driven outsourcing decisions is one of the biggest causes of the “strategy-to-execution gap,” namely the distance between a company’s business strategies and its ability to execute on them. 

Why an RPA Center of Excellence Might be Right for You

Posted: 12/30/2017 - 04:09

Centers of Excellence (CoE) within Robotic Process Automation (RPA) are similar in many ways to other centers of excellence you may be running across your business. Essentially, a CoE is a centralized capability that enables you to perform all functions necessary for implementation and the ongoing operation of an RPA set of initiatives.

The Value Of Unproductivity

Posted: 12/14/2017 - 06:07

In ‘The Fog’ ("Mad Men" Season 5, Episode 3), SCDP’s creative director, Don Draper, delivers a memorable line for today’s procurement managers and professionals. After being endlessly nagged over the waste of office supplies, alcohol and time by the company's CFO, Lane Price, Draper levels this profound declaration: 

"You came here because we do this better than you. And part of that is letting our creatives be unproductive until they are." 

The SAVO Methodology

Posted: 12/06/2017 - 09:05

The SAVO methodology speaks to our origin story as process-focused organization. We set out to emphasize the importance of process as the foundation for any stable and meaningful transformation. What SAVO represents are the following steps to digital transformation:

Simplify

Automate

Virtualize

Orchestrate

Embarking on RPA? Educate First

Posted: 12/06/2017 - 09:00

“RPA is more complex than you think”, as said by my wise colleague, David Brain.  In fact, not only is the technology itself complex, but the successful deployment is also largely dependent upon extensive planning and collaboration among key stakeholders. That’s why it’s critical that champions and executives prepare the organization for RPA implementation as a first step in the process.  

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