Training Best Practices leading to Organizational Success

Organizations have realized that continuous learning and development is a crucial ingredient for success. More and more companies are investing heavily into training and development programs in the hope to increase productivity and profitability. According to the 2017 Training Industry report, the 2017 U.S. training expenditures rose significantly, increasing 32.5% to $90.6 billion. Businesses are […]

7 Key skills for successful negotiation

Negotiation is the key to business success. Successful negotiation involves good interpersonal and communication skills, used together to bring a desired result. In fact, negotiation is one of the main qualities employers look for when recruiting staff nowadays. This is because a good negotiator can close the best deals, leading to the advancement of an […]

Top Competencies needed by today’s procurement professionals

The Deloitte Global CPO Survey 2016 revealed that some of the main concerns from leaders in the procurement industry were increasing risk levels and a general shortage of skills. Procurement professionals work with suppliers and distributors regularly and therefore need to be able to possess confidence and an awareness of how the industry operates. Besides, the need for staff […]

Best practices for managing procurement talent

Today the procurement function is getting increased attention as a key contributor to the overall strategic success of a company. During the past few years, procurement has begun to play an increasingly important role in the strategy of organizations. However, there’s a mismatch between the skills the procurement function needs from its employees and their […]

Improving warehouse efficiency through training

A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely optimal. But, […]

Achieving project management excellence

The challenging economic environment in today’s corporate world has pushed senior management to understand the fundamental, supportive and strategic role which project management plays in business. It is a profession which requires a large and varied skillset. Project managers are expected to have specific industry knowledge, effective communication skills and excellent quantitative abilities. A team […]

Does your procurement function need to become more agile?

To achieve profitable and sustainable growth, organizations must create business value, eliminate costs that do not contribute to the company objectives and reinvest these savings into growth initiatives to improve competitiveness. This can prove to be a challenging process and procurement agility can have a significant role in achieving this kind of productivity and efficiency. […]

Best practices to identify and solve organizational skill gaps

Is the fast-paced, ever-changing corporate world on the verge of a skills crisis? The challenge to bridge skill gaps in organizations is becoming increasingly tough, mostly due to the accelerating pace of technological change. It is not uncommon to hear business leaders and employees talking about the skills gap. Basically, a skill gap is a […]