MEDIA RELEASE 

7 November 2014 

Unique procurement partnership takes out top People Development award

 

Sydney, Australia:  Australia’s largest telecommunications company Telstra was awarded the Best People Development Initiative at the annual CIPS Australasia Procurement Awards last week.

The organisation partnered with procurement management consultants The Faculty and Melbourne Business School to collaboratively develop and implement The People Development Program across Telstra’s Procurement and Supply Chain team.

The program’s primary objective is to lift the capability of Telstra’s procurement team, one of the biggest in Australia with over 190 employees, and enable them to deliver increased value to the business.

The Faculty Principal Consultant and project lead Rob Pease said the program has been central to establishing the Telstra team as a world class procurement function.

“We’re thrilled that the program has been honoured with this award,” said Pease. “Key to its success has been its ability to develop not only technical procurement skills but build commercial and leadership acumen within the team.

“For a procurement function to truly thrive, it needs to move from simply cutting costs to driving value for the wider business, and that’s what we sought to do by helping to build a high performing team.”

 “Being able to drive cultural and behavioural change in a large team can be a challenge, and that’s why it was so important to underpin this work with wider training and support; to empower the team.”

Telstra’s Chief Procurement Officer Richard Allen said the program’s highlights include the enhancement of stakeholder engagement skills, and the successful adoption of a new operating model across its 21 categories.

“I’d like to recognise the assistance and partnership of The Faculty in helping Telstra develop the tools, processes and framework needed to implement this significant initiative,” said Richard Allen.

The Best People Development Initiative category honours training or development programs that have substantially raised the understanding of the procurement or supply management team and helped deliver real improvements in performance.