The New CPO: A Roadmap for the First 100 Days
As a member of senior management, the Chief Procurement Officer is expected to demonstrate positive change for the company within a short period of time. Hackett research shows that 24% of CPOs report to the CFO, 13% report to the COO and 9% report directly to the CEO, so expectations are high. Being prepared and having an action plan ready before the first official day on the job is critical.
This report outlines the fundamental elements to consider when designing a world- class procurement organization that should be in place within the first 100 days as CPO.