The Chief Procurement Officer (CPO) role has developed into a wide range of functions including overseeing strategic supplier relationships externally to managing process and technology projects internally.Moreover, to demonstrate the leadership of running an effective procurement organization, the CPO today requires a unique set of skills that can drive innovation, promote collaboration and execute on corporate strategy.
As a part of the Global Supply Management practice here at Aberdeen and in pursuit of understanding this role in 2011, I am in process of producing the latest CPO Agenda benchmark report entitled – Dynamic Procurement Management: CPO as Innovator, Collaborator and Strategist. The CPO Agenda benchmark report is part of a long tradition and was born right here at the AberdeenGroup. It is therefore a pleasure and with great anticipation for me to share the latest version of our survey to you via our Aberdeen blog.
Considering this long tradition, this year we are looking to explore two of the key areas that are critical in defining the role of CPO – Staffing (internally) and Suppliers (externally). I am also interested to identify what motivates someone to become a CPO. For instance, what got them to that role? What is the average tenure of a CPO? Is this the direction it takes their ultimate career or is it really a stepping stone to a greater role?
So if you are CPO or Senior Director in Procurement or Sourcing, I encourage you to participate in this brief survey. Answering your survey will allow you to personally apply your experiences and discover results based on the benchmark report coming end of July.
Speaking of traditions, consider joining us at the CPO Summit November 15 – 16, 2011 in Boston, MA (or as my colleagues like to say, “Bawston” ). Over the past six years Aberdeen Group’s annual Chief Procurement Officer Summit has established itself as the preeminent symposium for global procurement. So come to learn, network, evaluate and develop a clear vision of procurement’s evolving role in an intimate and engaging environment. I hope you can make it.