A chief procurement officer (CPO) transition is a significant change for an organization that can drive uncertainty, doubt and fear for its people. A well-engineered transition process accelerates the chances of success and creates more value for the organization. CPOs in transition should take a four-step approach to accelerate impact:
- Prepare: Prepare to mitigate context-related risks.
- Connect: Build relationships based on trust.
- Assess: Benchmark procurement’s performance and maturity.
- Act: Identify and devise a plan for the most pressing issues.
Fill out the form to download the free research.