The Business Case for Professional Development

We must continue to develop as procurement professionals, and as a profession, by investing in better outcomes through professional development.

Information about The Business Case for Professional Development

Professional development doesn’t belong in the ‘nice to have’ basket; it is essential to success, and a compelling investment. If there’s one thing we’ve learned from the GFC, it’s that the demands on, and challenges facing, procurement are increasingly complex, throwing up threats and opportunities that demand creative and dynamic responses. Think carbon trading, growing demand for detailed specialist category knowledge (as highlighted in the CIPSA – Portland Group Strategic Procurement Survey 2009)… Those that fail to continually upgrade and refine their procurement skills and knowledge will unfortunately be left behind. As they say, continuing to do things the same way and expecting to get different – better – results is the definition of madness.

Talent scarcity is a fundamental issue in the procurement profession, and still is post-GFC. Nothing has fundamentally changed; we still have a clear skills shortage in procurement. Hiring good people and training them up develops the pool of real procurement talent and experience; adding value to your organisation and to the profession as the baby boomers retire.

Return to People and Skills topic.

Related concepts

Why Do We Need Professional Procurement?

We need professional procurement because it delivers greater benefits than it costs and it helps business and government better manage business decisions. Its value can be demonstrated...

Find out more

Why Work in Professional Procurement?

No one lies awake in bed thinking, ‘I wish I worked in procurement.’ ‘Why would I want to work there?’ they ask. No sex, glamour or money! One former CEO I worked with went further when...

Find out more

The Top Three Issues Facing the Procurement Profession

CIPS Australia’s first undertaking at its inception in late 2004 was to conduct specific research into Australia’s procurement profession to identify the major issues facing the...

Find out more