As Procurement and Supply Management look ahead to their next era, industry experts continually stress the importance of talent management. The skill gap that has plagued organizations for years continues to stifle savings initiatives and weigh heavily on the minds of CPOs everywhere. Companies, these experts suggest, have reached a crucial moment. Effectively leveraging Millennial talent today could make the difference in closing the talent gap and producing savings tomorrow.
Unsurprisingly, the subject of talent will loom large at ISM2018. 'People,' one of the Annual Conference's six Learning Tracks will focus on optimizing internal and external relationships to continue driving Procurement's evolution. A number of sessions - including Kaitlyn Krigbaum's Orchestrating a Successful Procurement Transformation - will discuss the particular importance of developing Millennial talent.
In anticipation of these sessions, Source One Senior Analyst Dejana Dosen joins ISM2018 Session Insights to discuss the unique skills that these young professionals will bring to Procurement. In addition to an innate familiarity with technology, she suggests the generation born between 1980 and 2000 offer a uniquely outspoken and risk averse quality. This could serve them well in promoting cost reduction and marketing Procurement's value internally.
Give the episode a listen today, and be sure to tune in every week for more insights from the Strategic Sourcing specialists at Source One.