This course provides guidance on developing strategies to achieve a public entity’s objectives. It is imperative for procurement leaders to understand how to build a strategy for a procurement department’s success within an entity. It can be difficult for Procurement to engage with entity leadership and ensure an understanding of Procurement’s role in the entity’s strategic plans. For this reason, procurement leaders must understand how to report and “sell” initiatives to leadership. In addition, Social Return on Investment (SROI) has become more important than ever before. Procurement leaders need to know how to calculate SROI and relay the benefits to stakeholders.
NIGP’s Management Mission & Public Benefit course creates a dedicated learning experience where students leave with the ability to:
- Recognize the entity leadership’s priorities and desired outcomes.
- Gain an invitation to access what is being planned before budgets are approved.
- Increase efficiency by aligning the procurement function’s actions to deliver on the entity leadership’s desired outcomes.
- Gain support for the procurement function, by effectively reporting Key Performance Indicators (KPIs) and performance measures that gain attention from the entity leadership.
- Establish more clearly defined roles and responsibilities within the Procurement team.
- Minimize Procurement’s costs and maximize savings that can be repurposed for the entity’s previously unfunded priorities.
- Be recognized as a key participant in developing a long-term, entity-wide strategic-supply plan.
- Identify a more streamlined approach to doing business.
- Identify the social benefit of business activities, (social return on investment aspect).
- Develop relationships with entity leadership to gain trust and insight.
- Communicate clearly with Procurement and c-suite to drive maximum effectiveness and efficiency.
This course is targeted to individuals who meet or exceed the following professional demographics:
Senior-level public procurement professionals and senior-level central warehouse professionals who already have an in-depth knowledge of public procurement and handle or manage high-level, complex procurements for their respective entities.
Professionals who are employed by 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 direct procurement operations and establish procurement policies.