Published: 20 February 2024
Faced with rapid digitalization and a need to maximize strategic impact, CPOs are unsure how to develop their teams to secure procurement’s future success. Supporting digital transformation with employees who excel at social and creative skills is vital to improving outcomes.
Procurement risks losing the hard-fought position it has earned as a strategic value driver in the organization — or worse, getting left behind altogether — if chief procurement officers (CPOs) fail to evolve the competencies in their teams.
Procurement leaders who don’t prioritize social and creative competencies won’t progress the stakeholder and executive relationships needed to succeed with digital transformation.
Without creative thinking skills, procurement staff will be unable to successfully realize the benefits from advanced digitalization of the function.
Evolve procurement staff competencies beyond general responsibilities by taking a role-based approach to competency building that is part of
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