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| Developing the strategic thinking and leadership skills required to become a CPO is not necessarily something you can learn "on the job"
The Procurement Executive Program (PEP) is a unique professional development program to equip aspiring CPOs with the knowledge and skills to drive procurement into the future.
Conceived and developed by The Faculty Roundtable, in association with the Melbourne Business School, the inaugural PEP class of 25 participants graduated in 2008. This year, PEP is offered as an entirely residential program at the Mt Eliza residential centre to better accommodate interstate and Asia-Pacific attendees.
To learn more about PEP, or to secure your place in the PEP Class of 2010, call Zara Mahoney on
+61 3 9654 4900, or contact her at zara.mahoney@thesourceprocurement.com.au
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| The 2010 Faculty Roundtable Asia-Pacific CPO Forum | |
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| Nearly 40 of the region's most senior procurement and commercial leaders tested what it really takes to deliver transformational procurement leadership in today's uncertain and ambiguous economic environment at the Faculty's 2010 Asia-Pacific CPO Forum.
Providing their insights into reality we face, the skills we need and the future we create, keynote speakers this year included: Malcolm Broomhead, Chairman, Asciano; Michael Andrew, National Chairman, KPMG; Robert Gottliebsen, Business Spectator; Doug Rathbone, Managing Director Nufarm Limited; and Tom Verghese, Director, Cultural Synergies.
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| It's just a matter of following the recipe to achieve process fitness | |
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| Providing an exclusive insight into The Faculty Roundtable's latest research initiative, 'Commercial Process Fitness', Robert Pease, Principal Consultant - The Faculty, convincingly argued the case that 'Process is Liberating'!
Developing a solid process that ensures the transactional elements of running a procurement team are minimised, will allow you and your team to focus on more strategic value-add activities and silence organisational 'noise'.
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| Gottliebsen warns Australia's economic prosperity is dependent on China | |
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| Legendary business commentator, Robert Gottliebsen, opened the Forum by declaring the days of forecasting 'when' China will become the next economic superpower are over. That day is here.
Undoubtedly, the GFC has bought about a change of the guard, launching China into a position of economic superiority and unmatched global influence. Pointing to Copenhagen, Robert noted that there can be no agreement on any major global issue - from climate change, to the nuclear arms, to the value of the US dollar - without China's involvement and backing.
Increasingly, Australia's fate is tied to China - so closely tied to China is the Australian dollar that when Chinese electricity production slumped at the outset of the GFC, our currency fell. As the Chinese stimulus package took effect, our currency soared. "Australia's currency is the easiest to predict in the world." stated Robert.
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| Leading culture is a critical task for the CEO | |
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| For Malcolm Broomhead, former CEO of Orica and Chairman of Asciano, the most critical, but largely unrecognised task for a business leader is managing culture.
In an unplugged discussion with Tania Seary, Founder of The Faculty and The Source, Malcolm shared his thoughts with Forum delegates on driving long-term cultural change and his own personal philosophy for effectiveness.
Reflecting on his years at Orica, Malcolm believes fostering real ownership in organisational culture is the single most critical element in achieving successful cultural change. Malcolm recommends asking employees: what do we do well and what don't we do well? If we want to be the best company in the world, what are the four things we need to get right? "You'll find the answers are surprisingly consistent up and down the organisation".
In terms of personal effectiveness, Malcolm advised "First, understand what things can only be done by your role, create a list and then get out of the way." Too often, leaders become consumed by a myriad of tasks that can, and often are, more effectively addressed elsewhere in the organisation..
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| C-Level Coaching - The view from the top | |
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| Energised by a day of networking, debate and fresh insights, Forum delegates were provided the once-in-a-lifetime opportunity to share an intimate hour (and glass of the Yarra Valley's finest!) paired with former, current Chairmen, CEOs, CFOs, Executive General Managers and other business leaders to some of Australia's most respected companies.
A popular and unique fixture on the CPO Forum program, the C-Level Coaching session is an opportunity for delegates to glean insights into a wide range of issues from career development to senior management perspectives on procurement's value proposition.
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| June breakfast attendees will go into the draw to win a snowboard or skis! | |
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| In 2010, our Leading and Learning Breakfast series will focus on providing you with the insights and learnings required to become a high performance procurement practitioner.
No stranger to pressure, Lydia Lassila became Australia's newest Olympic gold medallist by winning the Women's Aerials at the Vancouver 2010 Winter Games with a perfectly executed double twisting triple somersault.
The Faculty, in partnership with The Source, is delighted to present Lydia's story at our first breakfast for the year on Wednesday 16 June 2010, at Comme (7 Alfred Place, Melbourne). Over breakfast, Lydia will share her extraordinary journey to becoming a high performance athlete, and her thoughts on the importance of teamwork, handling pressure and discipline in achieving goals.
STOP PRESS: We are thrilled to announce Layne Beachley will share her personal high performance philosophy as our second Breakfast guest speaker in November!
Click here for your invitation to breakfast with Lydia Lassila and Layne Beachley, or to reserve your place, please call Simone Clencie at The Faculty on +61 3 9654 4900.
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| Introducing Jade Campbell | |
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| Since returning from a stint working with Bloomberg in New York, Faculty consultant Jade Campbell has barely had a moment to unpack her suitcase. A specialist in process discipline, Jade has been kept busy coordinating system implementation training and support on a major SAP rollout to over 50 users across multiple assets for a global resources company since joining the Faculty in 2009. This work has taken her to Queensland, NT, NSW and even to Yellowknife in the Northwest Territories of Canada.
During her time with Bloomberg, Jade worked in their corporate procurement team, assisting in the implementation of system rollouts and providing training to numerous internal stakeholders. For Jade, spending over two years in the madness of Manhattan certainly had its challenges but has also provided many fond memories - the first snow fall of winter, the Giants winning the Super Bowl, and of course Barack Obama becoming President of the United States.
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| Accelerate your career in procurement | |
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| Transitioning into procurement can be both an exciting and a daunting challenge. There's a whole new language to learn, a sourcing cycle to decipher, negotiations tactics to apply and issues such as corporate social responsibility to understand.
Held on May 26 - 27 2010, The Faculty's Pathways to Procurement is a focused and interactive workshop customised for new recruits or professionals transitioning from other parts of the business into procurement.
"Aside from the solid commercial skills participants will develop," principal consultant and program leader, Robert Pease, says "the key strength of Pathways comes from networking and sharing experiences with others in the profession".
Hurry only limited places on the course remain! To register yourself or a member of your team, please contact Sandy Carveth on +61 3 9654 4900, or via sandy.carveth@thefaculty.com.au
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