In procurement, as with any other strategic parts of the business, you need to have the right people on board to take the function to the next level. Have you assessed your organization’s talent acquisition strategies?
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With COVID-19, some companies—like tech giants Google and Twitter—have gone public with permanent plans to support home working to keep their employees safe. Quite what the majority of other firms are willing to offer long-term, however, remains to be seen. Current work flexibility has the potential to increase your career options significantly by giving you access to jobs all over the country, but what if these firms change their mind, post-pandemic? Where does that leave you?
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If you want to get a job done well, should you pay somebody upfront or only pay them once they are successful? In recruitment, this decision is around contingency search versus retained search. It can seem obvious for many services we consume. Why would I pay a business to try and provide a service with no guarantee of success when I could get another company (or several) to do it for free and only pay them when they finish? However, putting trust in (and commitment behind) those you work with garners the best results and builds relationships for the long term. We treat our full-time employees this way, so why wouldn’t we put the same faith in our service providers too?
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