Why Software Procurement is Different

Software has become an integral part of modern businesses, yet its procurement presents unique challenges. In this video, we’ll explore the complexities of software procurement and why it differs from traditional procurement strategies.

  • Ubiquity of Software: Software is everywhere, used for various purposes and by diverse stakeholders. This makes it difficult to develop a unified procurement strategy.
  • Lack of Standardization: Unlike tangible goods, software often lacks standardization, making direct comparisons and apples-to-apples bidding difficult.
  • Security and Functional Needs: The importance of security and specific functional requirements in software can further complicate procurement processes.

Join me as I discuss strategies to overcome these challenges and effectively procure software for your organization.

News You Can Use: 10/2/2019


Photo by Brooke Lark on Unsplash

  • Team Productivity: Striking a Balance Between Being a Boss and Friend

    “All strong relationships are built on honesty,” writes Tamara Luzajic for Humanity. “And just like a good friend would tell you when you are doing something wrong no matter how much it hurts, a good manager will use open communication to help employees become better at what they do.”

    “Honesty is one of the best principles you can use to establish a healthy balance between caring your employees and leading them professionally,” adds Luzajic. “The closer you get to someone on a personal level, the harder it becomes to give them honest feedback as employees.”

    Additionally, build trust with each of your employees. For example, grant them autonomy and flexible schedules. Trust in your employee builds resilience — shows you rely on them enough to work where, when, and however they prefer. As a result, this will create a more positive and productive culture.

    And, if someone needs to take a day off because they’re attending to a sick family member, don’t freak out on them. Give them the day off without penalizing them.

    https://www.entrepreneur.com/article/338651

  • The hackable technology that worries even a legendary con man
  • How is Meritocracy Damaging Our Economy?

    Interesting podcast about how high-achieving workers are stuck on a treadmill that they can’t get off of. If you are reading this blog, this probably hits home. Not a bad way to spend 30 minutes.

    https://beta.prx.org/stories/291960
    Thanks LJP!

  • For millennials, unlimited vacation isn’t always a perk

    But unlimited vacation policies can be a Trojan horse, particularly for young people who are newer to the workforce and less likely to take time off in the first place. On the surface, the offer seems generous, even altruistic; it implies employers trust their employees and encourage work-life balance. In practice, however, “unlimited vacation” is a misnomer. Employees often take fewer vacation days if their company has an unlimited policy, since there’s no framework for how many days they can—or should—take off.

    Managers can decline to approve time off, especially if there’s an implicit assumption that nobody can take more than two to three weeks of vacation per year. And when they leave the company, employees can’t cash out on the paid time off that they have accrued (which is required by law in a number of states). For workers in their twenties who are more likely to job hop and let vacation time go unused, that can mean foregoing a sizable chunk of cash.

    https://www.fastcompany.com/90398810/for-millennials-unlimited-vacation-isnt-always-a-perk

News You Can Use: 4/25/2018

She bought those lights on Amazon

  • Big Tech May Be Monopolistic, But It’s Good for Consumers

    In short, by the standards of consumer welfare — providing a variety of high-quality products, innovation, low prices — big tech is one of the best things to happen in the economy in decades.

    A more subtle argument against big tech involves the future: Yes, many new and innovative products are given away free today. But what effect is big tech having on tomorrow’s prices and innovation?

    This argument assumes that big tech is stifling the competition today that tomorrow would lead to innovation or lower prices. I’m not sold. It is certainly true that consumer welfare can be harmed by the absence of products that might have been created if a market had had more competition. But look at what is actually happening: Big tech firms plow revenue into research and development in order to continue creating new and better products. These companies are innovation powerhouses, and there are no signs that that will change.

    https://www.bloomberg.com/view/articles/2018-03-20/google-and-amazon-antitrust-fears-are-misplaced

  • Why My Open Office Feels … Walled Off

    Open offices have been the trend in workplace design for a while now — as of 2014, some 70 percent of office layouts were open — and despite some backlash, they don’t seem to be going anywhere soon. Proponents tout the upsides: collaboration, flexibility, bottom-line savings, attracting millennial workers. But even the biggest fans know all of this comes with a loss of privacy. (New reality: booking a conference room to make a doctor’s appointment.) And though sharing is nothing new to us in 2018 — see: communal tables at restaurants; car rides with strangers — it can feel at odds with how increasingly individualistic and aesthetic-driven our culture has become. Sharing is about more than giving up your personal space — it’s about not being able to personalize your space, either. Designed-for-all means one-size-fits-all, so the shared spaces we exist in — like the offices we spend so much time in — become uniform. The modern office lives and dies by 50 shades of gray.

    https://www.phillymag.com/articles/2018/03/17/open-office-personalization/

  • How to detect baloney the Carl Sagan way
  • Fired FBI director James Comey reveals how Apple and Google’s encryption efforts “drove me crazy”

    When Apple and Google announced in 2014 that they would be moving their mobile devices to default encryption, by emphasizing that making them immune to judicial orders was good for society, “it drove me crazy,” he writes. He goes on to lament the lack of “true listening” between tech and law enforcement, saying that “the leaders of the tech companies don’t see the darkness the FBI sees,” such as terrorism and organized crime.

    But Comey understood it was an unbelievably difficult issue and that public safety had to be balanced with privacy concerns. Towards the end of the Obama era, the administration developed a technical plan to show it was possible to build secure mobile devices and still allow access to law enforcement in certain cases. During one Situation Room discussion on the issue, Obama acknowledged, “You know, this is really hard.” Comey’s first reaction was “No kidding” but he also appreciated the former president’s humility.

    https://www.fastcompany.com/40559334/fired-fbi-director-james-comey-reveals-how-apple-and-googles-encryption-efforts-drove-me-crazy

  • Amazon warehouse workers skip bathroom breaks to keep their jobs, says report

    Workers who pick up products for delivery at a warehouse in Staffordshire, UK use bottles instead of the actual toilet, which is located too far away, Bloodworth reported. They are afraid of being disciplined for idling and losing their jobs as a result, he added. Bloodworth told The Sun in an interview that the warehouse resembled a prison or an airport, with high security scanners that check workers for banned items like hoodies, sunglasses, and phones, and other employees who pat down workers to check for stolen goods.

    Bloodworth’s findings are in line with first-hand accounts collected in the survey by worker rights platform Organise, which reported that 74 percent of workers avoid using the toilet for fear of being warned they had missed their target numbers. Rising goals have also taken a toll on employees’ mental health, as 55 percent of them report having suffered depression since working at Amazon. Over 80 percent of workers said they would not apply for a job at Amazon again.

    https://www.theverge.com/2018/4/16/17243026/amazon-warehouse-jobs-worker-conditions-bathroom-breaks

Photo by Alex Iby on Unsplash

News You Can Use: 1/31/2018

  • Apple CEO becomes latest tech bigwig to warn of social media’s dangers

    Cook joins a multitude of tech personalities in recent years worrying about the negative impact of technology, and social media in particular, on our lives. Sean Parker, Facebook’s first president, admitted last year that he’d helped Mark Zuckerberg build “a monster,” stating: “God only knows what it’s doing to our children’s brains.”

    Another former Facebook exec, Chamath Palihapitiya, told a group at Stanford Graduate School of Business that the social network could be “destroying how society works” through “short-term, dopamine-driven, feedback loops.”

    https://thenextweb.com/apple/2018/01/20/apple-ceo-becomes-latest-tech-bigwig-to-warn-of-social-medias-dangers/

  • Is Procurement Responsible If Suppliers Are Stupid and Bid Too Low?

    So during our discussion, my friend and I had a philosophical debate about whether it was in any sense “our problem” as buyers if a supplier put in a stupidly low bid. At what point should procurement worry that an offer is too low? Does procurement have a moral or ethical obligation to stop firms getting themselves into trouble?

    Our conclusion – after another beer – was no, we don’t. We must protect our own organisation, so we should think hard about the issues if, for instance, a firm was likely to go under because of the deal. Do we have contingency plans in place for that? (It’s rarely a positive for the buyer obviously if this happens to an important supplier).

    And we should build protection into the contract to make sure the supplier can’t just walk away from the deal if it becomes too onerous – or at least, to ensure we are very well compensated if they do. But it is not our role to protect suppliers from their own stupidity, particularly if it is a large firm with many customers and financial strength itself. Indeed, our role is to drive competitive advantage, which often means we are paying less than our competitors for a similar product or service.

    http://spendmatters.com/uk/procurement-responsible-suppliers-stupid-bid-low/

  • How faster computers gave us Meltdown and Spectre
  • Good-bye, Fluffy Office Perks, and 3 Other Tech Business Predictions for 2018

    Office perks are always a hot topic in the tech world. However, more companies realize that fluffy office culture doesn’t actually attract the best talent or cultivate the highest performing team. Those perks you think your employees want can actually be more distracting and detrimental to productivity. To really reap the benefits of the “perk” in the first place, find out what motivates employees. Ping-pong tables and nap rooms will move out and more meaningful perks will take their place. Companies that attract the most talented and passionate teams will do it with job descriptions and mission statements that inspire a deep sense of purpose.

    https://www.entrepreneur.com/article/307509

  • On Second Thought, You Should Maybe Talk Less In Meetings

    Research on creativity suggests that the people who have the most ideas are also most likely to have the best ideas. So it’s a good idea to generate a lot of ideas while you’re in a meeting–at least inside your own head to start with. But before deciding to contribute your latest thought in the meeting, write it down. Take a look at it, and decide whether you think it’s one of the best you’ve come up with. If so, go on and share it! Then you can keep your others in reserve in case the group isn’t happy with the options they have so far.

    There are two benefits to writing your ideas down and looking them over before speaking. Obviously, one is that you can privately rank your own contributions rather than subjecting all of them to your team’s assessment (or risk even the good ones getting lost in the shuffle). This way you’re maximizing the chance that other people will actually rally to your point of view–and form a positive impression of you in the process.

    https://www.fastcompany.com/40516098/on-second-thought-you-should-maybe-talk-less-in-meetings

Photo: Daniel Cheung