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Three Paths to a Successful Procurement Transformation: Path 3 – The “Slow Initiative: Death by a Thousand Point” Contd.

By Roshnee
In Procurement Technology
Sep 30th, 2013
0 Comments
9760 Views

Having walked down path 1 and path 2 to a successful procurement transformation, let us now complete the journey by discussing few more key points on path 3 – The “Slow Initiative: Death by a Thousand Point”.

Procurement Transformation Scenarios

(Click here to access first part of path 3 )

  • Key stakeholder considerations – the stakeholders will likely have very mixed experiences. Some will be very pleased with the current program and confused as to why a change is needed, while others will be frustrated by the current program and disinclined to a new initiative.
  • Critical decision points – in this scenario, the procurement department in all likelihood does not need a major departmental overhaul. Rather, the leadership must surgically strike to identify and eliminate the negative; invest in the worthwhile all while leveraging the positive into the “revitalization” effort. A holistic view across processed and systems will likely result in the move to a single solution suite.
  • Typical CPO path – this is a challenging situation for any CPO, particularly those who have tenure and ownership of the original transformation effect. The CPO will effectively choose to go “all-in” with a single solution provider, requiring proper diligence and analysis. The procurement leadership with executive support will also develop and enact a sophisticated communication plan that applauds the program’s many successes, but challenges the organization to do more.

Click on the download button below to access the part 2 – Built to Last: Three Paths to a Successful Procurement Transformation of the 2 part series on procurement transformation by Ardent Partners.

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About "" Has 167 Posts

Roshnee works with the content leadership team of Zycus. She regularly writes on procurement - trends and best practices, sometimes taking the off beat path to bring in a fresh perspective. She also drives the branding activities of her company. In her free time she enjoys hot cuppa coffee with the latest fiction book. She is an MBA in Marketing and a graduate in commerce.

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