Tag: struggle

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How Technology Has Changed Procurement in the Last 10 Years

How technology has changed procurement in the last 10 years

Over the past decade business procurement has experienced rapid technological upheaval that, in the main, has made life easier for everyone involved.

The first ever Global Procurement Technology Summit was held in March 2016. It shows the emphasis procurement is now putting on understanding and utilising new technologies, and that it’s clearly a huge talking point for professionals across the world.

Looking in greater detail: which technology has been responsible and what has the effect been on procurement and buying professionals?

1. More informed decisions are being made

The digitalisation of procurement processes and integration of data-sharing across buyer behaviour, ratings and history of purchases over extended periods of time, has made for smarter and more informed decisions.

Despite the greater insight into decision-making, a study of US procurement professionals still revealed accurate forecasting to be the biggest challenge, something that’s possibly down to the rise in budget responsibilities over the last ten years.

The Coupa ‘Top 5: Constants and Change in Cloud Procurement’ report revealed that in 2003, budgets were reported as an average of $31m, compared to $100m in 2013.

2. Response times have drastically reduced

Procurement solutions are now quicker and easier than ever thanks to new marketplace technologies.

Buyers can take advantage of online purchasing possibilities, using websites like Amazon to source, purchase and arrange delivery of items.

The speed of procurement reflects the new speed in which consumerism moves ’’ the integration of digital mediums with online shopping has made the process of deliberation through to transaction much easier, a trend which has been reflected in the world of procurement.

3. Integration has brought its own problems

Technological integration has created many positives for procurement, but it’s also created challenges.

Millennials will make up 40% of the workforce by 2020, which is great for improving current procurement solutions as younger generations have higher expectations for technology and are early adapters.

However, the average age of procurement professionals in the UK is currently 44 – much older than the next generation of workers, who fully understand the capabilities of technology, and who will be easier to train and able to work with increased speed and accuracy.

The gap will close in the coming years, but procurement faces a struggle as older workers need to ensure their skills are relevant to the changing world around them.

Additionally, Hays’ ‘Procurement Salary Guide’ revealed that demand for procurement professionals has increased at all levels within the public sector, pushing salaries up. This demand is the result of a squeeze on public finances and attempts to cut costs following the slowdown in the economy.

4, Technology and the future of procurement

To conclude, technology is clearly a powerful enabler that’s here to stay. Plenty of companies are now seeing the importance of procurement technology as a means to improve their bottom lines, which was reflected in the inaugural Global Procurement Technology Summit earlier this year.

Integration of contract management, risk management and supplier lifecycle systems through investment in improved systems with added capabilities, has ensured more accurate sourcing is possible and due to the skills involved in running these systems, has driven salaries up.

Sophia Chapman is a guest contributor from Portfolio Procurement, expert recruiters in the compensation, benefit and reward sector.

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Yes, You Are Called to Be a Leader for Christ

Yes, You Are Called to Be a Leader for Christ

Times are changing, and so are the ways people work and collaborate.  The idea of being a leader can be daunting.

When you consider the word  “leader  who and what comes to mind, perhaps your Pastor?  The BBC show the Apprentice? Your manager? A colleague at work in another team perhaps  or  an individual  who literally has “Project Leader”  on a business card or email signature?

Well, it may not be part of your job title, and you may even struggle to find the words in your job description, nevertheless, the call to follow Christ is a call to leadership.

In the Oxford ditionary a project Is defined as “an individual or collaborative enterprise that is carefully planned to achieve a particular aim”

When you think “project”, you typically think about big things, such as:

  • Church building developments
  • Developing a new product
  • IT system integration
  • Writing a tender

But actually, many smaller activities  can also be classed as a project, such as:

  • Creating and delivering an internal training course at church
  • Creating and sending a church e-newsletter
  • Creating new  team processes

In fact, according to David Allen,  pioneer  of the productivity system Getting Things Done (GTD), a ‘project’ is  any multi-step action. In other words, creating a new ad campaign, outreach planning, feeding the poor initiative, even buying a new car or making a 3-course dinner for your significant others are  all different  types of daily projects  you manage.

What does this mean for people  not called project leaders?

Well, failing to realise this could mean that you are missing out on important lessons that the  people with the ‘project leader’ label on their business cards know only too well.

If  you  approach  your daily tasks  and projects with the mindset, “I can do this in a structured, organized way,” then the outcome will substantially improve. Additionally, it may seem glaringly obvious, but someone needs to own a project, and not  every church  organisation or team  has a certified project leader to call upon.

1.   Change your approach

“Stake Your Claim That This Is Now a Project You‘re Managing”

Professional project leaders have formal training on the best way on approaching a project and use methodologies which take time to master. However, this  just isn’t appropriate for people who are juggling the role of unofficial project leader alongside many other tasks.  

Simply changing your mindset can make a difference in how you approach the work.

2. Create an action plan

“Make a List of the Actions It Will Take to Get You to the End Goal”

It’s very easy to jump straight in and get moving on  a project. Spending time planning can seem like wasted time, but in fact, without good planning, you could be wasting your  time and energy on things that just aren’t needed. In other words, skipping the planning phase of a project is a sure-fire way of encountering problems  down the line. The basics of what you’ll need to establish include your project vision (or guiding light), what your project will deliver, the risks to the project as well as your budget, resources, and timescales  and don’t forget to pray before you start.  Prayer is the portal that brings the power of heaven down to earth. It is kryptonite to the Enemy and to all his ploys against you. Pray in the Spirit at all times and at every stage of the project.

3.  Set a realistic deadline

Without a Deadline Your Project Will Sit at the Bottom of Your To-do List and Will Go Nowhere

When it comes to assessing your timescales, you need to figure out what is realistically achievable, while not padding out your timelines too much.

4. Communicate regularly

Developing a Project in a Bubble Will Result in Problems Later On

Regular communication is vital.  Meetings, emails and even a quick trip to your colleague’s desk are all needed to make sure you have not missed anything important and  that  everyone in on the same page.

5. Faith is not a spectator sport.

The Opportunities are Endless and Harvest is Plentiful.

Finally, please remember aside from managing projects that faith is not a spectator sport. It’s easy to come to church to be entertained and not invest time in serving the church community. But Jesus isn’t here for our amusement. He didn’t die so we could experience cool sermons  alone. The Christians we remember throughout history were the men and women who did not wait on the sideline when there was work to be done.

There are many places to lead. The opportunities are endless and harvest is plentiful.

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From Outreach Ideas to Action in Three Easy Steps

From Outreach Ideas to Action in Three Easy Steps

A good idea is great. A good idea that’s executed perfectly can change the world. But a simple idea alone is useless.

A Good Idea That’s Executed Perfectly Can Change the World

There’s an idea that flops and an idea that becomes the next biggest thing. It’s all about how it’s executed. If it doesn’t come with a plan, or if it appears too difficult to introduce, someone else will do it, leaving you with a has-been idea that can no longer be implemented. This is why every ‘brainwave’ ‘eureka’ moment idea needs to be teamed together with a worthy execution”¦if not, don’t expect much.

Pushing an innovative idea forward into something else remains one of our biggest challenges. Admittedly, it can be a super exhausting process, which is why it’s always a great idea to invite the crowd to not only come up with the wonderful ideas, but to also help develop them as well.

There are a few key stages that need to be followed when it comes to getting your crowd in on the idea decision-making and development game.

1. Create a Unique Team

Almost anyone can research and refine new innovative ideas. However, you can take it a step further and invite the crowd to join in the fun and be a part of your team. This will give your idea more validation. It will also decrease any potential risk, and at the same time it could be a huge timesaver when it comes to marketing and finances.

In short, each and every idea should be unique enough to sway people to join a team that supports the idea.

2. Fine Tune that Idea

They say that behind every great idea catapulted onto the market, there was an equally great plan. Every idea requires some sort of plan. It could be just a basic one that briefly outlines the various possibilities connected to it, or it could be a more complex plan that delves into the intricacies of it.

A good plan should include a business plan. This might seem like a given, but you’d be surprised as to how many people don’t have a good business plan to back up their ideas. Plans should also include target audiences, marketing ideas and much more.

You need to approach every idea in a methodical way. You’ll need a unique set of criteria that pertains to one idea – it’s not a case of one-size fits all. You’ll need to answer any question that arises, and until this is done, you can’t move forward and successfully turn your idea into reality.

Use and involve your crowd. Ask them to research various aspects of the idea, and then have them report back and share their ideas and findings with the rest of the group.

3. Don’t Stand for Mediocre

There are literally hundreds upon hundreds of okay ideas. There are even hundreds of great ideas. But, an average or good idea is not enough, which is why it’s absolutely essential to select only the best of the best ideas. It doesn’t matter if it’s only one mind-blowing idea because as the old adage goes, quality is better than quantity.

Quality Is Better than Quantity

The good and even the great ideas might struggle. Such ideas are difficult to get funding for, and it’s more challenging to prototype and deliver them. If you want to make your idea come alive, you need to have defined criteria, which allows for choosing the best idea to follow up on. After the criteria has been established, it’s time to use the crowd again aka Christian community. Ask them to respond accordingly and honestly – does the idea meet all the listed criteria?

If yes, that’s great, you’re moving towards success. If not, it’s back to the drawing board to get it right.

You need to act now and remember this: it’s okay to simply start by putting just one outreach idea into action.

What kinds of challenges do you and your team face when trying to develop your ideas further?

 

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