Plymouth University Keynote Presentation - "Strategic Supply Chain Talent Management"

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Transcript of Plymouth University Keynote Presentation - "Strategic Supply Chain Talent Management"

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Mark B. TaylorCMgr, FCMI, FCILT, FSCM

ChairmanDefence Procurement Summit

2016©Taylor Consulting Group

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?

Simply the Best

"Building effective, efficient procurement talent"

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SynopsisWhy must defence procurement and logistics supply chain directors, think more strategically about talent

management?

Because best-in-defence execution depends on best-in-defence people. It doesn’t matter how much you invest in logistic SCM, technology or processes - if you don’t also

invest in people, you won’t succeed.  ©Taylor Consulting Group

Scope

Why is there a shortage of logistics, procurement & supply chain talent?

Solving the “talent crisis”The alternatives?Technology versus employee capacity - complex Log

IS = increase in the required employee skill level

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So what?

Why?TechnologyIncreasing demandExpanding demographic voidRapidly evolving “skillset” requirementsPotential shortfalls in academiaNegative bias towards the logistics “image”

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The perfect storm?

Source: Mehta, A. (2015)

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Technology versus employee capacity

Legacy employeesEvolution of Log ISThe cost of human errorCPD?

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Increasing demand

Increased complexity of supply chainsDemand for supply chain professionals exceeds

supply by a ratio of 6 to 1The future could see a ratio of 9 to 1Graduate versus vocation

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Expanding demographic void

An aging workforceEurope and America face the same talent “exodus”Retirement versus replacementMiddle management shortageFallout from the 2008 financial crisis

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The talent gap

29%

61%

10%

Source: Supply Chain Insights LLC, 2014.

Entry Level

Middle Management Level

Executive Level

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Expanding demographic void

An aging workforceEurope and America face the same talent “exodus”Retirement versus replacementMiddle management shortageFallout from the 2008 financial crisis

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Rapidly evolving “skillset” requirements

Supply chain managers – growth of roleCompetenciesBroader qualifications requiredMultiple skillsetsA developing environment

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Potential shortfalls in academia

The capacity of academia to create new talent60% of new logistics roles require skills that only 20%

possessOnly 1.3% of all business studies are dedicated to SCM,

logistics & transportation First find then train talentUniversity placements in industry

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Negative bias toward the logistics “image”

Lack of understandingNot a “career path”Inadequate educational programsAttracting the “young”Change sensitive

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Solving the talent crisisLiaison with the logistics industry“In house” formulisation of knowledge transferEducation by employerEmployee role-rotation mentorship programsBecome an “employer of choice”

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Liaison with the logistics industry

Must be proactiveCollaborationA learning platformAcademic programs must understand the industry

requirements

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Industry based supply chain education program

Continuous improvement

Logistic risk management & analysis

Supply chain strategy

Sourcing & procurement

Supply chain concepts

Business environment

Sustainability & corporate responsibility Logi

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Liaison with the logistics industry

Must be proactiveCollaborationA learning platformAcademic programs must understand the industry

requirements

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Academia versus SCM

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In-house formulisation of knowledge transferEducate, improve, develop, retainKnowledge managementLearn 1 role up and 2 down“Lost” knowledge is hard to replaceOverlap key logistic positionsHigher “head-count” for a short periodChallenges?

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Education by employer

CEO: “What if we train our employees and they leave?”

COO: “What if we don’t and they stay?”

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Education by employer

Employers develop their own program for their own requirement

E-learning & “on-the-job”No loss of employeeNot short termQualification recognition/accreditation

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Employee role-rotation mentorship programs

Learn 1 role up and 2 downEnriches employeesProvides management a “fallback” optionIncreased flexibilityTalent exchangeEmployees better understand the business

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Become an “employer of choice”Industry commitment requiredIncentivize employeesFormualised career pathRemuneration

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Remuneration – is it worth it?

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Become an “employer of choice”Work/life balanceDriven from the top downAdvertise the opportunitiesCulture

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Culture versus Strategy?

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Become an “employer of choice”Work/life balanceDriven from the top downAdvertise the opportunitiesCultureCulture versus Strategy?

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The alternativesIs there an alternative?There is no choice

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BI analytics Source: CGI (2015)

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Questions

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ReferencesHarrington, L., & Smith, R. H. 2015. Automotive Industry Brief: Solving the

Supply Chain Crisis. Maryland: DHL & University of Maryland.Evolution of role.

Noble, D. 2016. The Skills Shortage Facing Global Supply Chains. Supply Chain Digital, [Online] 1 (1). pp.1. Available at: http://www.supplychaindigital.com [Accessed on 2 December 2015].

Spikes, L. 2015. Technology is your Catalyst for Change. Procurement Leaders Global Intelligence Network, [Online] 1 (1). pp.1. Available at: http://www.procurementleaders.com [Accessed on 1 December 2015].

Mehta, A. 2015. Shortage of Supply Chain Professional: Some Facts. Procurement Leaders Global Intelligence Network, [Online] 1 (1). pp.1. Available at: https://www.linkedin.com [Accessed on 1 December 2015].