[Skip to content]

Supply Management logo

The purchasing and supply website

.

Board needs buyers

Advertisement

05 October 2006 | Rebecca Ellinor

Highly respected business and management guru Charles Handy told an audience of purchasers that many of them should have a seat on the board.

Addressing senior-level procurement professionals at the CIPS event in London last month, Handy said since most parts of a business can be outsourced, those who manage the outsourcers are core.

"They become some of the most important people in the organisation, and ought to be on the board," he said.

Speaking to SM after the event, Handy said it wasn't a blanket rule, but in many cases it would be appropriate.

"Having got rid of half of the people who work for you, but who still work for you elsewhere and are therefore still important to the company, the people who manage that - the purchasers - have a strategic job."

Asked why he thought there weren't already more examples of senior procurement professionals with a place on the board, he replied: "People are old-fashioned. Those at the top don't understand what important work is going on there [in procurement]."

During the evening, Handy gave a presentation and was then interviewed by procurement adviser and presenter Dick Russill.

Speaking about one of his latest books, The New Philanthropists, in which he features successful business executives who have all invested a proportion of their earnings to help those less fortunate than themselves, Handy suggested altruism and capitalism can go hand-in-hand.

When asked by Russill what those who might feel inadequate upon reading the book should do, Handy replied: "I believe there's an altruistic gene in all of us. Everyone here is competent if they unleash their talents somewhere else."

SMoct2006

Configure your Portal

  • Main (left)
Configuration
CIPS SM Awards Logo 2012

The deadline to enter this year's CIPS Supply Management Awards has now passed. The shortlist of nominations will be announced on 21 June.

Click here for details of how to book your table.
WHITE PAPER


"Shape up with NRI - prepare and plan your negotiations better"

Reading Lines
Buyography blog logo
PMI reports logo

Check out the latest commodity prices.

View latest prices

  • Main (right)
Configuration
WHITE PAPER:
"Top Ten Technologies - Industry Report"
Top 10 Tech Supply Management_UK
WHITE PAPER:
"Driving Lasting Savings with Spend Compliance"
lasting savings
SAP

FREE WEBINAR


"Practical steps to strategic sourcing"

Click here to view the webinar

Q & A icon

Need advice on a procurement & supply chain or work-related matter?

Click here to get free expert advice.

Comments
Please enter your comments below
Fill out the all the boxes and click the 'Submit comments' button to make a comment on this page
*Comments are added to the bottom of the page. They are moderated and will not be published until approved by the Supply Management team. They may be edited. Please note unless marked “confidential” your feedback may be published on our letters page