Peter Rushton – CIPS President 11 h May 2011 Seizing Today, Embracing Tomorrow.

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Presentation transcript:

Peter Rushton – CIPS President 11 h May 2011 Seizing Today, Embracing Tomorrow

The Elephant in the room… Seizing Today, Embracing Tomorrow Seizing Today

G7 US, Japan, Germany, UK, France, Italy, Canada E7 China, India, Brazil, Indonesia, Turkey, Russia, Mexico Sunday Times The changing world Seizing Today, Embracing Tomorrow

The changing world Seizing Today, Embracing Tomorrow

Energy in crisis Fossil fuels are running out “After 2015, supplies of easy to access oil and gas will no longer be able to keep up with demand” CEO of Shell, Jan 2008 Seizing Today, Embracing Tomorrow

Our profession is in the spotlight The performance bar has been raised Can we deliver & meet expectations? Procurement & Supply is in the news RELEVANT

Organisational requirements are changing Procurement Supply Risk management Logistics Outsourcing Globalisation – China price Sustainability Volatility in commodities & currencies Collaboration Reputation Value Proposition Value Proposition Seizing Today, Embracing Tomorrow

Return on Investment Ratio of total expenditure cost savings to the cost of procurement effort, % Source: The Hackett Group, Chris Sawchuk, 2010 World Class Supply ROI Seizing Today, Embracing Tomorrow 25% of CPO’s report directly to the CEO Procurement is represented on 70% of all Boards of directors Source ; Cap Gemini consulting

The Elephant in the room… Seizing Today, Embracing Tomorrow Embracing Tomorrow

Capturing the next generation of talent Seizing Today, Embracing Tomorrow We ALL need to do more - Educate Promote Win hearts and minds

What can you offer me? Middle Manager pay better by 8% Senior Manager pay better by 16% Head of function pay better by 10% Director pay better by 20% Seizing Today, Embracing Tomorrow Y NOT?

Thank you Tel Mobile The world’s largest procurement and supply professional organisation