More from Procurious Big Ideas Summit – Lance Younger and Sigi Osagie

We’re taking a look at some of the Big Ideas revealed at the Procurious Big Ideas Summit – some of the briefs were recorded and you can watch the vidoes on the Procurious website.  The aim behind the summit was to encourage collective thinking to inspire a new generation of procurement professionals to think ‘outside the box’ and lead on innovation and change in their organisations. Here are two more of the ‘inventions’ in procurement thinking that we found interesting:

An Intelligent Ecosystem Where Collaboration Reigns Supreme -- a Big Idea from Lance Younger, CEO, Statess. Lance puts forward that procurement must adopt Intelligent Collaborative Ecosystems (ICE).  This is about building long-term, valuable relationships to encourage collaboration to share and solve global problems.

Intelligence, he says, means getting the right data and putting it in one place, then once you have the data you collaborate with it, pulling together different people from different organisations forming an ecosystem of ideas. It’s different from traditional networking, because it’s not about the transaction, it’s about the relationship, and it’s about bringing ideas together, whether through mobile technology or networks, to share them and then move apart again to execute them. Organisations need to set up the right people, processes, technology to make this deliver value. Lance goes on to outline a couple of examples of how this collaborative problem solving could work.


The Chefs in your Procurement Kitchen – came from Sigi Osagie, business advisor, coach and author of ‘Procurement Mojo: Strengthening the Function and Raising Its Profile.’ Sigi talks about the importance of people in procurement and ‘Authentic Leadership and the Importance of Bringing the Real you to Work.’ He believes that while processes and technology are critical to procurement success, ultimately it’s the people that will make the real difference.

To illustrate this he points to a clear, and clever, analogy with a famous chef’s kitchen. If we were given access to every piece of equipment in the kitchen, all the ingredients and the full recipe, we still couldn’t necessarily produce as good a dish as the chef. That’s because it’s the person that makes the difference, their knowledge, skills and enthusiasm. It’s the same with procurement; you can have all the technology, tools and the procurement processes at your fingertips, but without the passion to make them work, you won’t succeed. (Sigi's address is in 4 parts)

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