Here’s not how to do it! (Especially if you are lucky enough to find talent in the first place.)
Here’s not how to do it! (Especially if you are lucky enough to find talent in the first place.)
So, after reading yesterday’s post, you now know that if you can’t find* top supply management talent, it’s because you’re looking for a mythical resource that doesn’t exist. In fact, you have a better chance of finding a chimera. Wish all you want, but a senior buyer with a PhD and ten years of experience who speaks three languages, has expertise in multiple e-Sourcing and e-Procurement processes and applications, has bought twelve different categories, has sourced from multiple countries in Europe and Asia, has led global cross-functional teams, has participated in NPD, has financial chops and can help the CFO optimize working capital, is an SRM expert, has a high CQ, is an expert in global negotiations, is a master of spend analysis, can manage multiple projects simultaneously, and lead global services team is not someone out there waiting to be hired. You’d have a better chance finding a CEO for a Fortune 500 than finding a buyer with these skill sets.
So what do you do? You stop focussing on the super-resource and start focussing on the team. Yes you need all the skills, but you don’t need them all in the same person. Break the “super” buyer role into an analyst role, a global trade role, an engineering management role, a contracts role, and a set of buyer roles organized around compatible categories. Then, instead of looking for 7 – 10 “super” buyers, you’re looking for five different roles that will be much easier to fill. For example, the job description from the previous post would break down into the following descriptions:
Supply Management Analyst
Global Trade Specialist
Innovation Engineer
Contract Specialist
Senior Buyer
And your chances of filling these positions are much better than finding a mythical chimera.
* Again, only referring to “find”. There are a number of reasons that you might not be able to “hire” such talent if you can find it, but they are not the subject of this post.
The simple answer: you’re looking for a resource that is so rare it may not even exist! And I’m not the only one who thinks so. After talking with a number of thought leaders at the Hackett Best Practices conference, it’s become clear that this is the most common reason Supply Management organizations can’t find talent. (Note that this is only the case with respect to “find”. There are a number of reasons a Supply Management organization can’t hire talent.)
As Supply Management has become more and more challenging, the average reaction of a supply management organization has been to continually augment the job description of a supply manager to the point where the individual is expected to not only be a jack of all trades but master of all. This has resulted in a search for senior buyers with an eclectic collection of skills and experience so rare that you can probably count the number of global supply professionals around the globe that make the grade. For example, whereas the average job description for a senior buyer ten years ago might have looked like:
Today’s average job description for a senior buyer looks like:
See the problem?
Especially since, with the retirement of the baby boomer generation, there will be fewer of them with the necessary skills who will be able and ready to work for your organization in the coming years.
So, don’t just manage your talent, as more and more articles are telling you to do, train your talent, empower your talent, reward your talent, and trust your talent.
With employee morale at an all-time low and the number of employees looking to change jobs at an all time high, you need to be different. How about you stop treating them like expendable resources and liabilities and start treating them like irreplaceable assets who can be trusted to do the job they were hired for? Just a thought.
“The most important question a manager can ask, according to the HBR blogs, is also important for CPOs since they are managers too. So, while you’re thinking about savings targets, perfect order percentages, and supplier risk, don’t forget to ask your employees:
What can I do to help you be more effective.
Even though the answers you will get at first may be irrelevant and along the lines of “I’m doing fine” and “Give me a raise”, once your employees understand that your goal is to remove barriers to their success, you will start to get real answers, and once you understand how you can make them more effective by breaking down organizational barriers, getting them the tools and data they need, and increasing their supply management skills, you will start to see more organizational success.