2004
Year founded
90 Countries of operation
540k +
Number of employees operating cash flow and profit ? Does the business have the capacity and the capability to implement these changes ? Without fully understanding these three elements , the chance of success is greatly reduced and can result in a poor change outcome , as well as weakening the business perception of procurement .”
Another challenge facing G4S is to provide high-quality procurement capabilities in a lean environment where there isn ’ t the luxury of resource overcapacity . “ To ensure we ’ re able to meet the evolving needs of the business , I ’ ve scaled the procurement headcount on the pipeline of identified activities . This has yielded a 10:1 Return on Investment ( ROI ) over the past two years . This resourcing approach can be tough for the team ; however , everyone has found the dynamic environment to be a great development opportunity and this has allowed us to attract some of the best candidates in the industry to work in our procurement team .”
Copeland believes that having the capabilities to lead and manage change is critical to achieving success . “ If we don ’ t master the change agenda , we ’ ll always be framed by those who see procurement as no more than a dressed up purchasing function , ripe for outsourcing or automation .” Becoming a leader in its field is a difficult feat for any business to accomplish , however , retaining that position of market leadership has become even more challenging in recent years . As a result of this , it is essential that G4S avoids complacency and remains on top of the latest supply market solutions to fuel continued growth . “ To achieve success , procurement not only needs
19 europe . businesschief . com