738: 7 Steps to Building a Strong Capability Framework
Update: 2024-10-07
Description
“Procurement teams face increasing pressure to demonstrate value and drive business outcomes, but sometimes there's a disconnect between the skills that they have and the skills that they need to deliver at the highest level.” - Philip Ideson, Founder & Managing Director at Art of Procurement
A robust capability framework is the heart of procurement team development. It’s a powerful tool that teams can use to enhance their performance, better align with the business, and ultimately drive better outcomes across all initiatives, big and small.
In this solo episode, Philip Ideson explains why capability frameworks have emerged as a critical part of building stronger, more impactful teams.
Specifically, he explains:
- What a capability framework is and how to build one for your procurement team
- Key strategies for assessing your team’s skills and how to conduct a gap analysis to prioritize professional development needs
- How to account for diverse learning and working styles when building a tailored development plan, even if you’re working with limited resources
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