Competency Module: Business Management and Continuity

Description

A critical role that procurement practitioners serve is planning for contingencies when business operations are interrupted. Practitioners must understand how to determine risks and mitigate them through the creation of a business continuity plan.

Objectives

In order to successfully earn a digital badge, learners must:

• Explain the major steps to create a business continuity plan.
• Prioritize essential procurement functions.
• Identify the resources needed for each procurement function, activity, or task.
• Identify and evaluate risks to procurement operations.
• Identify any needs for policy or documentation changes.
• Create and compile back-up documentation.
• Plan communications strategies.
• Identify appropriate emergency contracts and internal entity agreements for specific events.
• Create a plan to execute the strategies such as prioritizing timelines, budgeting, resources, etc.    
• Conduct formal emergency preparedness training.
• Test emergency preparedness policies and procedures.
• Determine lessons learned from a business interruption or simulation.

Intended Audience

This offering is targeted to individuals who meet or exceed the following professional demographics:  

• Mid-level public procurement and central warehouse professionals who serve as senior buyers, managers, directors, or equivalent functions within their respective entities.   

• Non-procurement managers and supervisors who either provide procurement functions that support entity programs under delegated authority, or who already have a good understanding of basic procurement principles but wish to get more in-depth, hands-on training.   

• Professionals who are employed by local governing entities and special authorities (such as K-12 and higher education, publicly owned utilities, transportation providers, and other publicly funded or created entities) who either serve within or manage the procurement function.  

• Supplier managers and supervisors seeking to understand the public procurement function from a more in-depth holistic level, including the policies, standards, and procedures by which public entities must function.