Whether you’re just beginning your career at the executive level or joining a new company, the first 90 days as a CPO are critical for establishing long- term success, and your work starts before the first day on the job.
Before you start, ask:
- How willing are people in and outside procurement to change?
- What additional resources are available for new technology, training or consultants?
- Who are procurement’s best fans? Blockers?
- By the 30-day mark: Identify key stakeholders and categories. Explain what you have observed so far, where you’d like the team to focus and what’s likely to change. Achieve quick wins and establish your credibility as an executive of action.
- By the 60-day mark: Understand who the stars, the up-and-comers and the laggards are in your organisation - this will help to create a training plan. Communicate what you’d like to accomplish in the short term (3-6 months), at the one-year milestone and through long term plan (2-5 years).
- By the 90-day mark: Create new best practices for how the procurement team functions – anything from filling out supplier profiles to optimising the use of e-sourcing tools. At this conjunction, the entire staff should understand your standards for process and technology.