One of the primary differences between Strategic Sourcing and Category Management is an increased focus on Change Management. One of the most powerful Change Management techniques is Working in Teams. The concept seems simple enough BUT there is an art to teaming as well as a science. I…
Over a year ago we, at The Mpower Group, tapped into this major conversation around the Difference between Strategic Sourcing and Category Management. The response has been overwhelming and many, many organizations have embarked on the journey to make the Transformation, and an equal number of organizations are…
If you can’t clearly define Value then you are in good company. Jeff Bezos, Jamie Dimon and Warren Buffet are struggling with that very question – particularly when it comes to Healthcare. As you may have heard there is a “new, disruptive health care alliance formed by Amazon,…
What do these have in common? Sourcing is viewed as “Cost Cutters” Little to NO Executive support Complex cultural dynamics No governance in place Political maneuvering Inertia favors status quo Hesitant to give up perceived power BU metrics different from Procurement Narrowly focused decision making Process changes Organizational…
A new year has started and so have the New Year’s resolutions. I am no different than anyone else – I want to lose XX pounds and this is the year I am finally going to do it. In the back of my mind, though, all I can…
