Oak Brook, IL (PRWEB) January 10, 2007
In the December 2006/January 2007 issue of Supply & Demand Chain Executive Magazine you will find a very interesting article written by Anne Kohler, Executive Vice President and Chief Operating Officer of The Mpower Group (TMG)(http://www.thempowergroup.com), on the subject of talent development and management. The article focuses on the rising need for companies to move from a sourcing/supply chain organization laden with process-oriented people to an organization that possesses more supply chain and sourcing strategists. Most sourcing/supply chain organizations are expected, at a minimum, to meet the demands of a highly competitive supply market and create a favorable advantage over their competitors. For some organizations, this is simply not enough. Sourcing professionals are increasingly relied upon by their companies to define enterprise strategies, drive change, and perform other strategy-based functions covering a wide spectrum of expertise and skills. As a result, executive management is expanding the role of their professionals to include competencies that reach far beyond traditional process skills.
Anne explores the complex task of aligning and integrating talent development and management to build a sustainable, strategic world-class sourcing/supply chain organization. Key elements of success discussed include understanding your organization's position on TMG's Sourcing/Supply Chain Maturity Model, viewing and clearly defining the role of the supply chain professional within the organization, and building a comprehensive competency model. Organizational competency is also highlighted, as each individual must be given the training, infrastructure, organizational support and on-the-job learning experience in order to raise the level of competency for the organization as a whole and preserve your company's most valuable asset - your people.
Throughout the article, FMC Technologies provides their insight and experience with talent management. Mr. Milton Young, FMC Technologies' Global Subsea Supply Chain Director, remarked: "In supply chain, we see our people as our greatest competitive advantage. We are investing heavily in developing a world-class sourcing/supply chain organization, and we are beginning to realize huge benefits." TMG's principles and processes as outlined in the article have been applied at FMC Technologies. Their challenges and path to success in implementing talent development and management principles are discussed further in a detailed sidebar to the main article.
TMG takes a more advanced approach when integrating change management and consulting skills into the core sourcing and supply chain processes. TMG pioneered this approach as it is the most effective way for strategic sourcing and supply chain organizations to transform (not just fine-tune) themselves. After sponsoring one of the ten-day TMG Strategic Sourcing sessions incorporating the same core principles and processes at FMC Technologies, Mr. Young had this to say, "Amazing! TMG has integrated the sourcing process, change management, consulting skills and supply chain management into a post-MBA level program."
The full article can be accessed at
About The Mpower Group:
The Mpower Group ("TMG"), a certified minority supplier, services Fortune 500 organizations globally, solving complex issues related to their supply chain and strategic sourcing operations including outsourcing and off shoring. TMG emphasizes world-class business practices related to strategy, process and technology that truly drive superior financial results for their clients. Anne Kohler is nationally recognized for her thought-leadership and advanced strategic concepts in the area of strategic sourcing and supply chain management.
About FMC Technologies:
FMC Technologies, Inc. is a global leader providing mission-critical technology solutions for the energy, food processing and air transportation industries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products for its customers through its Energy Systems, Food Processing and Airport Equipment and Services businesses. Our businesses provide a broad range of products and services that create solutions for customers worldwide and generate $3.2 billion in revenues. FMC Technologies employs approximately 10,000 people at 32 manufacturing facilities in 17 countries.
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