Welcome to the Global CEO (UK) blog. Its aim is to draw attention to developments and ideas in the world of procurement and supply management and in the work of the profession’s Institute.
We change the blog monthly, and I would welcome your comments personally on email@example.com
David Noble FCIPS
A nation's generosity to the world's citizens
As the world struggles its way out of recession, with some regions of the world more successfully than others, there is inevitably discussion around how a country’s wealth should be spent. Should a nation’s citizens be given additional opportunity or support, or should funding decisions be based on the scale of need on a global stage? Overseas aid is often the first cut when a country makes savings to its national debt. Offering support for people on the other side of the world may seem too unreal and distant for many. Especially if half of the stories around how mismanaged much of this aid is, lost to corruption and greed, is true.
A report in The Times recently found that £6billion a year, half of the UK aid budget is given to agencies such as the World Bank and United Nations to support the Department for International Development (DfID) who reportedly lack the capacity to administer spending correctly. Due to mismanagement and the lack of controls, some of this crucial aid makes millionaires of corrupt officials when it should be destined for the weakest and poorest in our global society. Of course, these stories are never simple or straightforward and the picture of what is actually going wrong is somewhat hazy. But, we know that procurement has a huge role to play in tightening up ways of discovering malpractice and reducing such losses.
And, change is afoot. The World Bank, for the first time ever since its inception is reviewing its procurement policies and procedures in a wide-ranging approach involving many stakeholders including 639 respondents from the private sector, 104 development agencies, 69 individuals from civil societies and including 764 individuals from 37 governments. Having already identified that corruption, bribery and fraud were responsible for the biggest losses and were the biggest challenges in aid procurement, they are involving more staff, greater audits and supervisions to stem the flow of these precious resources. Their approach is currently two-fold.
Defining what constitutes corrupt practices is being looked at as there is no provision to capture all instances of bribery. They are also looking at adding more rigour to the process of eliminating companies from profiting from World Bank funding if there is strong evidence of corruption. These instances of pouring money down the drain are shameful , when the result is lives lost, opportunities missed and property destroyed when much-needed aid fails to reach those desperate to help. And it goes to show the public good the Institute can do by highlighting these corrupt practices and supporting change and developments in good practice. And as procurement professionals, we can all lead the way in our own ways…
Being a Chartered Professional
I’m delighted to announce that our first Chartered Status professionals have been announced since our launch earlier this year. Mandy Chippendale is a Fellow, consultant for MC2 Procurement, and active member of the CIPS community and took this path to enhance her learning and develop her professional expertise and was our very first. We also have Bryan Cook, FCIPS from Australia, currently in Washington DC and Chief of Procurement at the World Bank who came in as a close second. Both are highly-skilled professionals who continued their approach to lifelong learning by talking the Chartered Professional path. It’s not an easy option with busy work and personal lives, but I’m gratified that these respected colleagues took this step for others to follow.