STATE OF FLUX
2014 GLOBAL SRM RESEARCH REPORT
PEOPLE & SKILLS 131
Figure 4.10. Proportion of companies investing in SRM related training – all respondents 2012 / 2013 / 2014
Figure 4.11. Proportion of companies investing in SRM related training – leaders / fast followers / followers
50%
60%
○ 2014 ○ 2013 ○ 2012
○ LEADER ○ FAST FOLLOWER ○ FOLLOWER
50%
40%
40%
30%
30%
20%
20%
10%
10%
0%
0%
MODERATELY SIGNIFICANTLY
NOT MUCH
NOT AT ALL
MODERATELY SIGNIFICANTLY
NOT MUCH
NOT AT ALL
© 2014 State of Flux
© 2014 State of Flux
Figure 4.12. Proportion of companies investing in SRM related training – industry sectors
○ SIGNIFICANTLY ○ MODERATELY
0% 10% 20% 30% 40% 50% 60%
○ NOT MUCH ○ NOT AT ALL
FINANCIAL SERVICES
MANU FACTURING
OIL AND GAS
FOOD AND BEVERAGES
IT / HIGH TECH
PUBLIC SECTOR
HEALTH CARE
PROFESSIONAL SERVICES
AUTO MOTIVE
UTILITIES
© 2014 State of Flux
TRAINING INVESTMENT
The industry sector making the most significant investment in training is automotive ( figure 4.12 ). The same sector with the highest proportion of responding companies in our three benchmarking groups. The sector that appears to be making the least investment in training is utilities, closely followed by IT / high tech.
Feedback on investment in training suggests that it is lower now than when we started our research in 2009 ( figure 4.10 ). At that time 53% of respondents reported at least making a moderate investment in SRM related training. By 2012 that had fallen to 43% and in 2014 the figure is 39%. It should also be remembered that this feedback will include the commercial, and contract and negotiation training previously referred to. While important, they are not considered the most important for SRM. The picture across the leader, fast follower and follower groups is clear ( figure 4.11 ). They invest more in training and benefit more from SRM.
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