Building
benchmarks
Building
benchmarks for our Personal Professional Development Program
by Dr.
Robert A. Kemp
In my last
article I asked the question, “Should we all have a personal
professional development program?
Our answer to that question should be unequivocally and most
emphatically “Yes!” I also know that many of us who claim to be
professional supply managers do not have or at best have only a
rudimentary undocumented personal development program.
Similarly,
many companies have no formalized personal development plans for the
people responsible for efficiently spending over 50 percent of those
companies’ total revenues. Even worse, the training program in many
companies is the first program slashed when budgets become a little
tight. Benjamin Franklin would have called that “being penny-wise
and pound-foolish.” I have even stronger opinions of that type of
cost-cutting behavior.
This article
gets us started on the process of building and executing our own
professional development program. Getting started is probably the most
difficult part.
A very wise
person once said, “A
good plan is a problem half solved.”
We need a good plan, and good plans always begin with a sound
assessment of the current situation. Everyday many of us use
benchmarking processes to accurately evaluate the current situation
and identify potential opportunities. Similarly, we need benchmarks
for our personal professional development. We can begin our mapping
process in two steps as shown below. Step one suggests these personal
history benchmarks.
Step two of
our mapping process is more difficult. It requires us to begin to
identify the specific supply management concepts or topics that we
will use as benchmarks in our program and the metric or metrics to
measure and evaluate progress vis-à-vis each metric. In this process,
individuals will have many different programs and it would be easy to
give up the process as impossible.
But that is
a cop-out. By thinking out of the box and working creatively to solve
the problem, we can find the similarities we need to identify and
build the benchmark system. First, we need to select and evaluate a
list of concepts and idea sources. Here is a list of four great
sources for concepts to use. Other lists are available; use them if
they fit you and your situation.
Hot topics
Our first
source ought to be a list of current hot topics in our field.
Professors Larry Giunipero and Robert Handfield identified the top
trends in supply management for 2010 (CAPS Study, PET II 2004).
Similarly, Professors Giunipero and Handfield identified many skills
whose importance will increase in the future for supply management
work. These can be used as supply management concepts against which we
ought to measure our professional knowledge.
ISM exam
guidelines
A second
source that can help identify areas to measure is the broad list of
topics and tasks in the specifications for the C.P.M. Examination and
program provided by the Institute of Supply Management (ISM). You will
find similar lists of important topics in other certification
programs. Use those that are most applicable to your work.
A third
source is the table of contents and spectrum of articles in the Annual
Proceedings for the ISM International Conference. A large committee of
successful practicing supply managers carefully selected those
presentations as current issues for supply management practitioners.
Moreover, each article was prepared and presented by one or more
experts in our field.
Professional
networks
A fourth
source of concepts is your professional network and mentors. You can
build this list by asking these people what concepts and specific
metrics they consider to be important and why.
Benchmark
yourself
We know that
benchmarking is a sound and practical program for many of our business
activities. We can also use benchmarking as a sound tool to identify
concepts and metrics for our professional development program.
My
next article will identify specific metrics and types of systems
available to support your PPD program to ensure that you are ready for
your future.
To
keep track of your benchmarks, use a card like this
one.
This
article appeared in the August/September 2005 issue of MRO Today
magazine. Copyright 2005.