{"id":3451,"date":"2020-08-25T20:56:40","date_gmt":"2020-08-26T00:56:40","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/2015\/08\/25\/millennials-want-a-procurement-career-path-does-your-organization-have-one\/"},"modified":"2023-11-30T11:09:25","modified_gmt":"2023-11-30T15:09:25","slug":"millennials-want-a-procurement-career-path-does-your-organization-have-one","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/millennials-want-a-procurement-career-path-does-your-organization-have-one\/","title":{"rendered":"Millennials Want A Procurement Career Path:  Does Your Organization Have One?"},"content":{"rendered":"<p>Claire Cunningham from Ivalua recently penned an excellent piece entitled \u201cThree Ways Procurement Can Gain Millennial Appeal\u201d for <em>Supply &amp; Demand Chain Executive<\/em>.\u00a0 The article explored how the procurement profession can attract the next generation of business professionals.<\/p>\n<p><a class=\"text-ad\" href=\"https:\/\/www.certitrek.com\/nlpa\/individuals\/membership\/\">Don\u2019t miss updates on Procurement &amp; Supply Chain, Subscribe here!<\/a><\/p>\n<p>One of the ways suggested was to \u201ccreate a defined career path.\u201d\u00a0 Attend any talk about millennials in the workforce and you\u2019re likely to hear that today\u2019s young adults want \u2013 scratch that, EXPECT \u2013 to advance quickly in the organizations for which they choose to work.\u00a0 If they don\u2019t, they won\u2019t be shy about leaving for greener pastures.<\/p>\n<p>I couldn\u2019t agree more with Cunningham\u2019s suggestion.\u00a0 So, what is the career path in your procurement organization?<\/p>\n<p>Now, don\u2019t try to tell me that you have a legit procurement career path if you have like three procurement manager positions, all occupied by people who have been there for an average of 15 years each and no documented criteria for what separates a manager from a procurement specialist.\u00a0 Millennials will see right through that.\u00a0 They\u2019ll instinctively know that there is no way that they\u2019ll have a more rad title on their business card in two years.<\/p>\n<p>So, what is a true procurement career path?<\/p>\n<p>To me, a true procurement career path has these characteristics:<\/p>\n<ul>\n<li>At least three or four \u201clevels\u201d of procurement positions<\/li>\n<li>Documented competencies, skills, types of experience, etc. that illustrate what separates people at one level from those at the previous level<\/li>\n<li>A plan for developing the competencies that will eventually qualify an employee for a higher level and a timeline for that development<\/li>\n<\/ul>\n<p>Show a millennial this type of career path and you\u2019ll have a better chance of getting today\u2019s best, brightest, most energetic, and most energetic talent on your procurement team.\u00a0 Helping procurement leaders do what\u2019s necessary to attract, develop and retain such talent was one of the driving forces behind the Next Level Purchasing Association (NLPA) launching the SPSM-BOK* Mastery Model in June of 2014.\u00a0 I encourage you to use or adapt the SPSM-BOK Mastery Model to establish the procurement career path your organization needs to optimally manage its talent.<\/p>\n<p>See a graphical representation of the CPO-BOK Mastery Model below or download the full SPSM-BOK Framework at <a href=\"https:\/\/lms.nextlevelpurchasing.com\/catalog\" target=\"_blank\" rel=\"noopener\">https:\/\/lms.nextlevelpurchasing.com\/catalog<\/a>.<\/p>\n<p>*\u00a0 CPO-BOK stands for Certified Procurement Operations Body of Knowledge (an NLPA trademark), a collection of educational materials and documented best practices that serves as the basis for the <a href=\"https:\/\/lms.nextlevelpurchasing.com\">CPO family of purchasing certifications<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Claire Cunningham from Ivalua recently penned an excellent piece entitled [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":4013,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Millennials Want A Procurement Career Path: Does Your Organization Have One?<\/title>\n<meta name=\"description\" content=\"One of the ways suggested was to \u201ccreate a defined career path.\u201d Attend any talk about millennials in the workforce and you\u2019re likely to hear that today\u2019s young adults want \u2013 scratch that, EXPECT \u2013 to advance quickly in the organizations for which they choose to work.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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