Down the Procurement Pub in Dubai with U2, IBM, BravoSolution and FKA Twigs

Here's a picture of Dubai - there has been a certain amount of "pub" type activity here this week but we didn't want to expose the guilty parties, so some palm trees and stuff instead. I am here (flying home as this gets published actually) for two well attended Real World Sourcing sessions in Dubai and Abu Dhabi, courtesy of Tejari and CIPS MENA - more on that next week.

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The Internet has disrupted traditional business models in all sorts of areas. Our great series from Richard Kirstein on buying music rights (see his last article here) is highlighting how the music industry's sources of income have changed dramatically over recent years. And another sign of that is the new U2 album, being given away free for download via iTunes. A few years ago, this would have been the band's main income source for the next couple of years. But now - free. However, don't feel too sorry for them - their last world tour grossed $736 million in 2009-11. So you give away the music, make your money on touring, exactly the opposite of the situation 30 years ago. There are other industries that haven't been affected quite so much yet by the Internet - "procurement" being one. But it might still happen...

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Next week is pretty busy too for me. Wednesday is the BravoSolution Real World Sourcing briefing in London, with "Procurement Skill s and Careers - the Next Ten Years" being the topic. I've got some fairly controversial views about where procurement might be going over the next decade, which I'll be discussing during the session. It's at The Don restaurant near the Bank of England, and runs from 11am till around 2.30pm (including a good lunch!) I'm not sure whether there are any places left, but you can check here.

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Then on Friday I'm speaking at the IBM event we wrote about here. There are sessions on some of the hot issues in procurement, including big data and analytics, mobile, capturing supplier innovation ... I've got the last session of the day, so I'm going to attempt to draw the different strands together with a view on where procurement is heading and what the really big issues might be for senior procurement leaders over the next few years. Again, I'm not sure how the numbers are looking but email Sarah Farndon at IBM if you are interested in coming along - Sarah.Fardon@uk.ibm.com .

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We may well comment on the Mercury Music Prize shortlist another day, but for the moment, here is a track from one of the interesting artists featured on it - FKA twigs.

 

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