Lose the transactional procurement if you want to become a transformational leader
That’s the advice from John Glen. The CIPS economist was talking to an elite gathering at the launch of the CIPS SM Procurement Power List in London in June.
Transformational leadership is going to be needed to support transformational strategies, he said.
“You are going to be pulled into the boardroom because procurement is at the nexus of value-added activities.”
He pointed to the benefits of the latest technology, with AI helping to create room for CPOs to focus on true strategic work. “We are winning time to take procurement’s role into a much more strategic space,” he said.
CPOs should develop broad relationships with people inside and outside their organisation and be able to inspire their teams to perform, said Glen.
“You have to break free of those shackles and look at where you can add real value because the expectation is that’s what you will be asked to do,” he said.
The leaders on the Procurement Power List are already demonstrating the impact procurement can have on their own organisations, said Gerry Walsh, CIPS interim group CEO, whether that is “driving business growth, shaping supply markets or improving the wider community”.
“You have paved the way for the next generation to aspire to these roles and choose procurement as a career path,” he said.