As the job market opens up, many companies are going to see their talent rush out the door. Don’t be caught off guard. Ensure that your institutional knowledge is preserved and your “best and brightest” feel valued enough to stick around as the economy improves.
A few weeks ago, the famous Washington Post White House author, Bob Woodward wrote an article entitled “Military thwarted president seeking choice in Afghanistan” which was all about the critical nature of decision making. What greater decision can there be then deciding the fate of tens of thousands of young U.S. men and women as they are sent into war-torn Afghanistan? The article chronicles the process that President Barrack Obama undertook in finally deciding to send 30,000 additional troops as opposed to the 40,000 (which came highly recommended by his military leaders) in December 2009.
Ask the Expert – The Death of Strategic Sourcing 23 Sep 2010 (Register) Ask the Expert – The Death of Strategic Sourcing September 23rd, 15:00 UTC, 4PM BST, 5PM CET, 11AM ET US, 8AM PT US Join Dalip Raheja and Tim Cummins as they debate the future direction…
Today’s guest post is from Anne Kohler, Executive Vice President and COO of The Mpower Group (TMG) and a contributor to the News U Can Use TMG blog.
Over the past year, as the economy has worsened and companies are being squeezed financially, we have heard the following from extremely frustrated clients and prospects (most of which are in Supply Chain or Sourcing):
Re-posted from Sourcing Innovation
Today’s guest post is from Dalip Raheja, President and CEO of The Mpower Group (TMG) and a contributor to the News U Can Use TMG blog.
As we pointed out in our last post (where we killed off the old sourcing process), Strategic Sourcing has always been fundamentally flawed. It clearly did not deliver the promised results years ago and it isn’t delivering the right results today. Furthermore, I would argue that the results that Strategic Sourcing is delivering may not be totally accurate because the unintended consequences that the function creates (more on this later) may actually destroy value. The current process is penny wise and pound foolish. That’s never a strategy for long term success. What we need is a new way of looking at this function. We need a set of next practices to elevate us beyond what current best practices recommend.