Talent Management

Procurement Gets Competitive With AI Technology

Posted: 05/25/2022 - 09:00
Here's how forward-looking companies are exploring AI and automated technologies to go beyond merely surviving to position themselves to thrive for the long-term.

Global businesses have now spent nearly two years navigating the various challenges of the pandemic. Although some of the fallout was predictable, the dramatic impact we have witnessed on the global employment market was more unexpected. Companies that were already adjusting to new ways of working now find themselves in the middle of arguably the worst employment crisis in modern history—a phenomenon known as the Great Resignation.

Dollars Talk, but Great Leaders Keep the Best Workers From Walking

Posted: 03/28/2022 - 09:00
High compensation isn't enough to counter bad leadership and a poor work culture says Eric Harkins, President and Founder of GKG Search & Consulting. He offers five things leaders can do to keep their best employees from walking.

For months and months, we’ve heard and read ad nauseam about “The Great Resignation.” We’ve been given numerous reasons why record numbers of people are leaving their jobs.

But let’s be real about the main root cause. We are experiencing a great exodus of employees nationwide largely due to bad leadership.

Leading Procurement’s Digital Transformation: Three Steps to Success

Posted: 03/11/2022 - 09:00
Globality CRO Keith Hausmann discusses how innovative technology can help procurement meet today’s biggest challenges, while increasing its influence through the power of “Performance Spending.”

In her book Trade wars, pandemics, and chaos: How digital procurement enables business success in a disordered world, Dr. Elouise Epstein, a digital futurist at Kearney, explains why most companies have historically been underwhelmed by the digitalization of procurement processes, noting that it hasn’t always delivered on the promise to empower people to move at speed, be more agile and work how they want.

5 Ways Digital Procurement Mitigates Risk

Posted: 11/02/2021 - 09:00
5 Ways Digital Procurement Mitigates Risk

Nothing in business is risk-free. Every department in a company needs to deal with risk daily.

Risk management appears to be a simple concept, yet it is a highly complicated aspect of organizational and procurement strategy.

We all know that procurement must be dependable and secure. Hence, it's crucial to control and mitigate the variety of risks connected with business operations to achieve success.

Three Supplier Conversations You Need to Have Now

Posted: 08/30/2021 - 09:00
Your suppliers’ threat profiles will inevitably add to your business’ cybersecurity risk.

Suppliers are mission-critical partners for business success. Unfortunately, too often, an “arm’s length” relationship creates problems that are revealed only after it’s too late.

When suppliers feel conversations only occur after poor performances, the opportunity to have a productive, collaborative conversation may already be over.

Training and Developing Procurement Professionals

Posted: 06/17/2021 - 09:00
Training and Developing Procurement Professionals

Training a company’s team members is a foundational step in running a company, but it is often forgotten when busy times hit. This is a big mistake. Putting the time and effort into designing a training program that suits the unique needs of procurement will drive more effective results in less time. Employees will be better equipped to manage the various situations and surprises that sourcing across numerous categories brings about.

Could Puerto Rico Become the Next Big Tech Haven?

Posted: 06/09/2021 - 09:00
Could Puerto Rico Become the Next Big Tech Haven?

During the 2006 economic downturn in Puerto Rico, many jobs were lost and people left the island. Fast forward to 2017 when Hurricane Maria made the problem even worse. People left the island in masses; and many didn’t come back. It’s often said that every Puerto Rican knows someone who died and someone who left as a result of the devastation. 

2021 State of Manufacturing Report Reveals Shifting Trends

Posted: 06/07/2021 - 09:00
The Manufacturing Industry was Surprised by the Success of WFH

Just as we saw in virtually every other industry, the global pandemic forced manufacturers to reevaluate where and how work gets done, accelerating the pace of digital transformation that was already well underway. It also busted one persistent myth: work from home (WFH) is simply not an option for many manufacturing job roles.

In fact, the latest numbers show the success of WFH – a surprise to many industry leaders – has laid the groundwork for an even more interesting discussion. If workers can be distributed successfully, why not manufacturing capacity?

The Big Supply Chain Talent Shortage

Posted: 06/03/2021 - 09:00
Procurement and supply chain leaders worldwide are struggling to attract and retain talent.

Manufacturing growth has skyrocketed over the last few decades, but the industry continues to lag in growing its most important asset: its people. A spike in retirements, paired with a drop in analytical leaders entering the field, is creating demand for procurement and supply chain talent that far outpaces supply.

5 Tips to Simplify the Hiring Manager Experience When Sourcing External Workers

Posted: 03/25/2021 - 09:00
Here are five tips to help you scrutinize ways to simplify sourcing external workers to create a better experience for your hiring managers.

If you’re in Talent Acquisition or Procurement, you know all too well that hiring people – whether employee or non-employee – can be complex and time-consuming. When you’re busy with the day to day, it’s easy to get distracted from tackling process improvements. Yet, it’s not hard to simplify and modernize procedures for your hiring managers. Some simple improvements can make sourcing external workers a more streamlined process.

Plan a Winning Recruitment Strategy in a Post-COVID World

Posted: 03/11/2021 - 09:00
7 tips for a winning, high-quality recruitment strategy post-COVID-19.

As the world slowly moves past the Covid-19 pandemic with the arrival of the vaccines, the job market is starting to gather itself and get back into momentum. But the newer challenges for organizations that arise daily have rendered recruitment to take a back seat. A well-established recruitment strategy can be your redeemer in the coming post-COVID era as you start re-establishing your company, even though it may be tricky to envision what HR will look like in a post-pandemic world.

How to Successfully Mine Remote Contact Center Talent

Posted: 11/20/2020 - 00:52
Recruiting and hiring remote staff is only the first step.

When change is difficult it sometimes takes a little nudge to move in the right direction. Like many business environments, the contact center industry wasn’t nudged this year—it was pushed.

With most call center providers still cemented in the brick-and-mortar model, the COVID-19 pandemic accelerated the need for transformation. This is due to the restriction of operations at these businesses as well as employees’ hesitations to work on busy call center floors.

Getting Back to Work: How Can UK Companies Best Reintegrate Staff?

Posted: 11/12/2020 - 05:34
Organizations that invest in their returning staff which will benefit from recultivating a happy and high-performing workplace.

Since COVID-19 first arrived in the UK, some 9.6 million workers have experienced the furlough scheme. Despite many continuing to work from home, plenty of organizations are now transitioning back to the workplace. Decision-makers must carefully consider how they can best support staff through this experience.

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