CPOs must prioritise career development in their teams

3 August 2011
In addition to the recently released economic growth figures and PMI results, today the Chartered Institute of Personnel and Development published its quarterly examination of employee feelings and attitude. The results are mixed. Staff are very slightly happier compared with three months ago, with a rise in satisfaction in the private sector tempered by a fall in the public sector. The percentage of employees saying they have struck the right work-life balance has also experienced a small rise, to 58 per cent. On a less positive note, the number of staff saying they are under “excessive pressure” is still high at 41 per cent. And some 36 per cent said their standard of living has declined compared to 7 percent who have experienced an improvement. And from the point of view of the procurement profession, the stats around career development should cause concern. Just 26 per cent of employees say their manager coaches them, only 38 per cent say training and development is discussed, and less than half - 43 per cent - receive feedback on their performance. Last week’s survey of more than 200 CPOs found more than three quarters thought their buyers’ skills needed improvement. In addition, a study in May revealed the majority of the next generation of buyers’ believe the training offered to them is not of a high standard. The profession must get a grip on this issue if it is to tackle the “middle of the road” skills on display in many departments.
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