STATE OF FLUX
2014 GLOBAL SRM RESEARCH REPORT
six pillars of SRM, benchmarking & maturity model explained 15
SRMmaturity model
6.0
ADVANCED
4.5
ESTABLISHED
3.0
DEVELOPING
1.5
UNDEVELOPED
BUSINESS DRIVERS & VALUE
STAKEHOLDER ENGAGEMENT & SUPPORT
GOVERNANCE & PROCESS
PEOPLE & SKILLS
INFORMATION & TECHNOLOGY
RELATIONSHIP DEVELOPMENT & CULTURE
© 2014 State of Flux
STATE OF FLUX SRM INDEX
Your SRM index
6
In 2013, we introduced the State of Flux SRM index. This has enabled companies to translate the graphic representation of their SRM capability on the maturity model into a numeric value, and therefore make it easier to establish a baseline and set a target for improvement. An index score is calculated based on the self- assessed responses received to specific questions within our 2014 SRM survey. These questions are selected to reflect what organisations are actually doing and experiencing, and are weighted to reflect their importance to an effective overall approach to SRM. Scores are calculated for each of the six pillars and the SRM index is the average across all six.
Participants in this year’s research are all able to receive their SRM index calculation* by contacting enquiries@stateofflux.co.uk If you didn’t participate in this year’s research but would still be interested in receiving an SRM index rating, please contact enquiries@stateofflux.co.uk *Please note: the index can only be calculated if the survey was completed in full.
The SRM index is on scale of zero to six and correlates to the maturity model as shown above.
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