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.
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David Noble FCIPS
Big Ideas Summit - May 2015
I recently presented at the Big Ideas Summit – the first digitally-led conference for procurement and supply chain professionals organised by the targeted social media network, Procurious.
The event was attended by a number of thought leaders, commentators and business professionals and the discussions centred around three main areas – risk, people and technology, and how ‘big ideas’ not business as usual, were fundamental to supporting agility in an unstable world, and driving competitive advantage in business.
The ‘big’idea’ from CIPS on the day was the issue around licensing the profession and how this underpins and supports all these goals. It’s a message I keep coming back to because of its great importance. We all know the events that have lead us here, and how the profession can no longer rely on past glories and must continue to develop into other area of expertise and knowledge.
For example, we must be economically aware. Not just in our own market and regions, but on a global scale. In the UK we have faced the slowest -ever economic recovery and the Eurozone may be facing a triple-dip. We must respond to the needs of an ever-diverse customer base which encompasses cultural, political and religious beliefs and mores, significantly different from our own, regardless of where we are located in the world.
Last, but not least, is our reliance on good ethical practice, which will make or break us as a profession in the coming years and if we are to maintain respect in global business and gain consumer confidence. We can either be led by others and succumb to more of the regulation and legislative constraints that are likely to come our way, or we can lead from the front through the maintenance of a licence to show we are the best of the best.
Given this message was delivered during an event on social media and how procurement and supply management is affected by these channels, we must use these dynamic new ways of communicating out not just our good work and ‘brand’ procurement and the value of our profession, but also harvest opinions, views and the mood of the world we’re in so we can continue to to act with agility and responsibility.
Find out more about what happened at the Big Ideas Summit and the Procurious network.
Hays and ESPO partnership
Next month sees the general launch of the CIPS/Hays Salary Guide and Procurement Insight Report 2015 which benchmarks salaries and bonuses for different roles and responsibilities in the profession and gives ideas around career pathways.
The findings revealed that in the last 12 months, the procurement profession enjoyed pay increases at 2.5% which were higher than the national average of 1.7% (Office of National Statistics, October 2014). MCIPS professionals, as members of CIPS can expect to earn up to 23% more at operational level and up to 25% at Advanced Professional level in the private sector.
After the invitation-only event in April, it will be available to download shortly. Request a copy of the report.
For professionals in the public sector, a reminder that our knowledge partner ESPO offers a range of guidance and practical approaches to procurement and supply management with the particular needs and challenges of the public sector in mind.