Posts Tagged ‘Chapter 2: The Broken Value Flow’
ACT I. Why the Current Value System Fails
Topics in this chapter: Procurement (2) · Board oversight (1)
The C-Suite Can See More of Procurement Now. It Trusts It Less.
A survey of 2,648 executives puts cost control back on top as procurement’s primary contribution while confidence in the function fell. Executives can see a cost record; what the purchase produced is missing.
Read MoreThe Purchases Your Approval Process Never Sees
Every buying organization governs spend, approvals, and contract terms. Almost none governs attention, which decides what ever reaches those controls. Value that never enters evaluation leaves no record at all.
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