John Wellwood - CPG Event 10th November 2010 - The Knowledgeable Buyer

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IBC - Consultancy Purchasing Group Event The Knowledgeable Buyer 10 th November 2010 John Wellwood

Transcript of John Wellwood - CPG Event 10th November 2010 - The Knowledgeable Buyer

Page 1: John Wellwood - CPG Event 10th November 2010 - The Knowledgeable Buyer

IBC - Consultancy Purchasing Group Event

The Knowledgeable Buyer

10th November 2010

John Wellwood

Page 2: John Wellwood - CPG Event 10th November 2010 - The Knowledgeable Buyer

0845 070 2987

The Theme

• What are the characteristics of a good business improvement consultant (and consultancy) and how can procurement professionals validate these traits effectively during the buying process?

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Problems for Buyers of Professional Services

• How to select, what makes one consultancy better than the others

• How do you find different consultancies

• How do you know if consultants and consultancies are effective

• We only meet the partners, or senior consultants but they don’t do the work

• Lack of time to assess and select consultants

• Inconsistent approaches; every consultancy will do it differently

• We don’t understand business improvement so how do we assess

• We don’t want to take risks in case you get it wrong but we want something different

• Price is not a good measure of quality so what is?

• We are told which consultancy to use so can’t question it but if we did what would we look for

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What are we going to discuss?

• Characteristics of a 100% Effective consultancy firm

• Characteristics of a 100% Effective consultant

• How to validate a consultant and consultancy firm

• Summary of key issues

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Effective Business Improvement Consultancy Outcomes

Results of improvement

Projects=

Quality of the

Solutions+

Acceptance of the Organisation

Through use

of the right tools /

techniques

Through

effective

change mgt /

influencing

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Characteristics of a 100% Effective Consultancy Firm – Their philosophy

• They want to pass on knowledge ASAP and help the business elsewhere

• Don’t only have one approach, model or way of doing business. They adapt their approach to the client. Don’t say this is the only way to improve your business

• They have excellent diverse people, who they will let you meet

• They will put their money where their mouth is - Guarantees of some kind

• Know what they don’t know and not afraid to say no. A good firm will say if they can’t do something

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Characteristics of a 100% Effective Consultancy Firm – Their History

• Excellent website which tells you what you need to know about them

• Reputation – there is information about them and their key people on the web

• Reputable past clients you can talk to

• They measure quality in every assignment and stress its importance

• They have worked in a number of different industries – why would you want a consultancy firm with limited experience?

• They have case studies or examples of what they have done in the past which is similar to your culture.

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Types of Business Improvement Consultants

Influencing Skills

Technical

Skills

Effective

BIC

Technical

Experts

Showmen

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Characteristics of a 100% Effective Consultant –Influencing Skills

• Ability to build rapport at all levels

• Excellent communicator

• Good listener

• Charisma

• Fantastic people skills

• You get on with them

• Great influencing skills

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Characteristics of a 100% Effective Consultant –Technical Ability

• Do they understand your issues and culture

• Think on their feet

• Know their subject and can explain it in simple terms

• Have lots of war stories

• Have done it for themselves

• Have worked in a number of different industries

• Technical knowledge but also soft skills

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Characteristics of a 100% Effective Consultant –Character

• Know what they don’t know and not afraid to ask for help

• Open and honest

• Willing and actively look to learn

• Do they challenge and question you

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Characteristics of a 100% Effective Business Improvement Consultant

• Understand all the improvement methodologies and are not tied to one methodology or model

• Not a purist

• Understand influencing and change management

• Have run a number of projects in different industries

• Can build effective teams quickly

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What every professional buyer should know –Validate Consultants

• Are they dedicated to one approach – six sigma or do they understand business improvement

• Don’t believe it when they say they are qualified – Black Belts

• Ask them about their recruitment policy

• Remember not all consultants are excellent

• Don’t all have good people skills

• Ask about their utilisation figures

• Who will be delivering - the person you meet or junior consultants ask to meet them or talk to them

• Sound credible

• Have they done it for real

• Ask about their last 3 assignments

• Do they understand your culture and have they worked in this environment before?

• Have the ability to explain in simple terms

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What every professional buyer should know –Validate the Firm

• Past clients / Case studies

• Reputations; have you seen or heard of them, are they present on the web

• Website

• Guarantees

• Flexibility

• Knowledge of subject

• Want to pass on knowledge

• Do they use their approach to business improvement in their own business

• Understand that the technical aspect is the easy part

• Willing to say when and why things went wrong

• Do they challenge you?

• Do they have the resources for the assignment

• How do they obtain business?

• Quality – how do they measure this? How have they done it in the past?

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The Key Issues

• No quick answer – takes time and effort

• One approach is not better than any other, its about business improvement

• Influencing skills make the difference

• Check the credentials

• Risk share

• Look beyond the showman – meet the consultants

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The Key Issues

• Ensure all professional elements covered –website, clients, background

• Effective consultants are experts, coaches, trainers etc

• Its about implementation not report writing

Page 17: John Wellwood - CPG Event 10th November 2010 - The Knowledgeable Buyer

IBC - Consultancy Purchasing Group Event

The Knowledgeable Buyer

10th November 2010

Thank You John Wellwood