5 Steps to drive value into the Supply Chain

In today’s rapidly evolving and competitive corporate environment, it is essential to shift from a traditional transaction-based (more tactical) to a value-oriented supply chain for companies to recognize their full market potential. Driving value into the supply chain means more collaboration and the ability to obtain the relevant data needed to make quicker and more…

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Overcoming Employee Engagement Challenges

Low employee engagement represents a major challenge for various organizations. It is essential that businesses engage with their staff to keep their workforce motivated and productive since the poor employee engagement can lead to a company’s downfall. A 2012 report states that companies around the globe are spending $720 million USD a year on improving…

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Best Practices for Managing Strategic Suppliers effectively

Managing strategic suppliers effectively is essential to drive competitive advantage for modern global organizations. The key lies in the ability to extract the best from key partners. The presence of strategic vendors and suppliers is critical to provide products or services that meet your company’s major demand requirements and plays a vital role in your…

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Applying Spaced Learning for a more effective corporate training

As an innovative method of learning, spaced learning has been creating a buzz since the last few years. The technique includes a sequence of short, intense training sessions with increased learner involvement, separated by short pauses during which students do a totally different activity. A number of people are involved in the creation of this…

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4 Mistakes Businesses Make When Training their Employees

Training is key to employee retention, with statistics showing that around 40% of employees who receive inadequate job training leave their companies within one year. Interestingly, a recent survey by McKinsey & Co. found that only 25% of respondents to a 2010 survey felt that training improved employees’ performance. Why are so many companies unhappy with the…

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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…

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7 key competencies needed to be a successful Project Manager

Project management requires efforts and it is certainly not an easy job. It involves several steps; from the initiation, planning, executing, and controlling to the closing of a project. The most challenging part is that the project is delegated to a team with specific goals to achieve over a defined timeline for a determined budget.…

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How to get the most from your training budget using technology?

Technology and talent are on top of the priority list for CPOs. According to the Deloitte Global Chief Procurement Officer Survey 2017, 75% of respondents report that procurement’s role in delivering digital strategy will increase in the future, and nearly nine in 10 believe that talent is the single greatest factor in driving procurement performance.…

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