saying , how do I actually take the skills of these people that I have and apply them across the whole company , not just the organisation you ’ re in , so that the whole company can do better .
If the tool you applied isn ’ t supporting you in doing that , then take a look at how it was implemented , take a look at the training that you ’ ve had in the use of the tool and learn to use it more effectively . If once you ’ ve learned it effectively it ’ s not giving you what you need , then move on to another tool .
Q . DO YOU SEE RISK MANAGEMENT AS A PARTICULARLY EXCITING AREA FOR THE FUTURE ?
» We ’ re in an area where we ’ re doing a significant amount of investment in analysing risk , not only current risk with projections of three , six , nine months ahead to give people some idea of what might be coming .
You need to have the ability to take all this data and turn it into useful information . Many companies have created analytics departments and groups , some have war rooms and control centres trying to analyse it all . It is critically important . A lot of the information into what ’ s happening is contained in the data you have now , but getting at that insight requires some special talent . Companies that solve the problem are going to do extremely well . Companies that don ’ t solve the problem will lose their customers ’ patience and won ’ t succeed . procurementmag . com 23