Business ecosystems have become “the topic on almost every corporate board’s agenda”, according to the World Economic Forum. They are both the present and the exciting future. But what exactly are business ecosystems and why have they grown in such prominence today? What is a business ecosystem? Investopedia defines a business ecosystem as a “network […]
The Key to Successful Change Management
Organisations are at their most vulnerable during periods of change. There is always a risk when trying something new, and in business this risk can carry very high financial and reputational costs. But, that doesn’t mean businesses should avoid change. In fact, they need to embrace it. Change is a necessary thing for any business […]
The Procurement Principles that Set Us Apart
At Procurement Cube we like to think we’re a bit different than other procurement consultancies. We’re not just your run of the mill procurement company. We don’t come in and slash your outgoings. Oh wait, that’s what you want us to do? Well, it’s not as simple as that. In fact, an approach to procurement […]
The Hidden Benefits of Staff Training
Staff training is often treated as a necessary evil; a box you need to tick to fulfil what is expected of an organisation. Several businesses try to get away with doing the most basic of training workshops, considering such skills development to be a distraction from the actual work. But quality training delivered at the […]
How bad procurement harms your brand
Some people may still question the value of a Procurement function. So, let’s have a look at what happened to an organisation that did not invest adequately in this area. An organisation which did not put in place robust, fair and transparent procurement processes. Age Concern was in the news for all the wrong reasons […]
