Spend Analysis: What Your Data Is Telling You and Why It’s Worth Listening
Spend analysis is the procedure of collecting, sorting, and analyzing the spend data with the intention of minimizing procurement costs, enhancing efficiency, and monitoring compliance. Business critical decisions start with spend analysis. You can only improve when you analyze the metrics. You should consider spending analysis as a component of strategic sourcing instead of just […]
How to Create a High-Performing Workforce
Organizations are more focused on basic talent management – finding, recruiting and retaining top talent. However, to be successful, they need engaged, high-performing employees. The key to encouraging employees to greatness is to align your performance management with business policy, define standardized leadership criteria across all business areas, and find specific competencies to develop for […]