Do you worry about recruitment and retention of good staff? How about raising the profile of procurement in your organisation?
You’re not alone.
These things, however, do not concern Hewlett-Packard.
Procurement at the technology company is so far advanced it has a lab of PhD scientists researching how it can apply game theory to predict how markets will evolve.
But its size can also be a disadvantage. HP cannot shift suppliers overnight if something doesn’t work, so its success rests on the strength of key relationships.
Do you think there’s anything such giants could learn from smaller organisations?