Careers Talent Management Trends

056: Q&A w/Tom Derry, CEO ISM: Is There a Talent Deficit in Procurement?

Today’s guest on the Art of Procurement is Tom Derry, CEO is ISM (Institute for Supply Management).  Tom and I sat down at last week’s ISM 2016 Conference to discuss his key takeaways from the event, and how ISM is evolving to meet the changing needs of its members.

Tom then answered a number of quick fire questions, including a question asking if we are facing a talent deficit in procurement.  Listen in to hear Tom’s answer!

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“The skills that are being required now to be successful aren’t the skills that made a person successful even five years ago. We’re in this period of time where people who are still in the profession are learning new things, and have to learn them rapidly.”

In this episode, you will learn:

  • Tom’s perspective on ISM2016:
    • What does it take to plan and execute an event of this magnitude?
    • What are the important topics that ISM focused on this year?
    • How is ISM evolving to meet the changing needs of the Supply Management professional?
    • What are Tom’s key takeaway’s from ISM2016 (and does he consider himself an introvert or an extrovert?)
  • Quickfire Q&A:
    • What impact will the Paris Agreement have on supply chains?
    • Is sustainability becoming an imperative?
    • Is there a talent deficit in procurement?
    • What impact will information transparency have on the procurement professional?

Episode Transcript (PDF):

  • Click here to download a copy of today’s episode transcript (PDF).

Links and Resources:

Thanks for Listening!

About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.

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