Careers Talent Management

060: A CPO’s View on Building Effective Procurement Teams, w/ Greg Tennyson, CPO, VSP Global

We hear a lot about the changing procurement skill set, and the difficulty that CPO’s are experiencing in hiring the talent they require. However, what is the reality, and how can procurement leaders adapt? As a procurement professional, how can you stand out from the crowd? 

My guest today on the Art of Procurement is Greg Tennyson, the Chief Procurement Officer of VSP Global. Greg explains why the talent shortage isn’t as black and white as it may seem, and he shares what he looks for when hiring and promoting procurement talent.

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“The whole conversation around talent shortage within the procurement space – I’ve heard it now probably for the last five, maybe ten years. I think what is missing is people need to get creative in how they go after it.” 

In this episode, you will learn:

  • Greg’s view on how procurement is evolving
  • Why Greg believes the much discussed talent shortage is situational
  • How CPO’s can be creative in hiring procurement talent
  • Greg’s advice to procurement professionals on how they can remain relevant as technical skills become less important
  • Greg’s approach to constructing procurement teams with diverse skill sets
  • What Greg expects from his teams in terms of their ability to build relationships with their key stakeholders
  • How procurement professionals can stand out from the crowd
  • Why Greg believes that robotic process automation is nothing new, and what the procurement challenge is going forward.
  • The importance of transparency in supplier relationships

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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