Browsing: Next Practices

In doing research for an upcoming leadership coaching session with a CEO, I came across something in Forbes that I cannot resist taking on (you see, normally I’m quite a shy person 😉 ).  The author (Mike Myatt) makes a bold statement saying that companies are doomed to…

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Just about every functional organization (e.g. IT, HR, Finance, Procurement, Legal, Marketing, etc.) can be measured against a maturity model.  The use of a maturity model allows an organization to have its processes and practices assessed against a set of external benchmarks, best practices or even next practices.…

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We have always felt that the goal of any sourcing process MUST be to select the best supplier possible and develop a relationship that will drive mutual value creation – it’s not to find the cheapest supplier. Unfortunately, most sourcing processes and related technologies absolutely reverse the priorities.

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