Talent Talks Podcast

In this special episode of the Talent Talks podcast, we have a new host, Warren Munson, founder of Evolve and The Evolve to Succeed Podcast interview our normal host Martin Smith, about his journey as an entrepreneur and running a recruitment group of businesses. 

Martin shares his early experiences in recruitment, the challenges he faced during the COVID-19 pandemic, and the growth of his company, Talent Drive. He discusses his aspirations to be a market disruptor and his passion for the procurement community. 

Martin also talks about the expansion of Talent Drive into the accountancy and finance sector with the launch of Talent Finance. He reflects on the growth and success of Talent Drive over the past four years. He emphasises the importance of focusing on the quality of people and building a trusted and valued team. 

Martin discusses the future of the recruitment industry, highlighting the need for adaptability to technology and the rise of ESG and sustainability. He also shares insights on fostering a positive culture and transparent communication within a remote business. He envisions the future of Talent Drive as a growing international presence with a focus on diversification and a one-stop-shop service offering.

Here are the key takeaways from this episode of the Talent Talks Podcast:

• Starting a recruitment business can be challenging, but with perseverance and a competitive spirit, it is possible to succeed.
• During the COVID-19 pandemic, Talent Drive faced significant challenges, but by pivoting their approach and doubling down on marketing, they were able to overcome the obstacles.
• Talent Drive aims to be a market disruptor in the recruitment sector by focusing on building relationships, providing thought leadership, and championing the procurement community.
• The expansion of Talent Drive into the accountancy and finance sector with Talent Finance allows the company to diversify its revenue stream and better serve clients in the procurement community. 
• Focus on the quality of people and building a trusted and valued team.
• Foster a positive culture through trust, transparency, and open communication.

Chapters

00:00 - The Journey of an Entrepreneur

10:02 - The Itch to Start Something Myself

19:15 - Scary, Exciting, and Fun: Early Days of Talent Drive

23:24 - Being a Market Disruptor: Building Relationships and Providing Thought Leadership

25:49 - Expanding into New Horizons: Talent Drive's Venture into Accountancy and Finance

26:18 - Building a Trusted and Valued Team

27:47 - Opportunities and Potential in Finance

29:41 - Shifting Focus from Numbers to Quality of People

30:05 - Creating a Great Business that Serves Customers

33:26 - Balancing Work and Personal Life

35:24 - Being Present and Grounded

37:17 - Thriving in the Recruitment Industry

41:37 - Adapting to Technology in Procurement

42:59 - Emotional Intelligence in Recruitment

43:56 - Fostering a Positive Culture in a Remote Business

48:42 - The Future of Talent Drive: International Expansion and Diversification

50:58 - Defining Success: Working with People Who Want to Work with You

In this episode Martin Smith interviews Emir Allen, the Managing Director of Talent Finance. 

They discuss Emir's background in the accountancy and finance world, the challenges and opportunities in the profession and the current landscape of the market. 

They also touch on the importance of embracing technology and focusing on value-add, as well as the role of ESG in business. 

Emir provides advice for hiring managers and shares the plans for Talent Finance in 2024.

Takeaways

●      The accountancy and finance profession offers both challenges and opportunities in the current market.

●      Embracing technology, such as automation and AI, can improve efficiency and effectiveness in the industry.

●      ESG should be a vital part of businesses, attracting investors and employees.

●      Hiring managers should prioritize the hiring process, assess gaps in their teams and prioritise attitude over technical ability.

●      Talent Finance plans to partner with clients in the finance landscape to support their needs and add value.

In this episode of the Talent Talks Podcast, our host Martin Smith speaks to Shifa Nasir, a procurement recruitment consultant at Talent Drive. 

Shifa discusses the power of networking and the current trends in the real estate and property market. 

Shifa shares her insights into the procurement industry and offers advice for candidates looking for new roles. 

She also discusses the importance of branding and marketing oneself in the procurement field.

Takeaways

• Networking is a powerful tool for building connections and staying up to date with industry trends.
• Candidates should focus on creating a strong CV and building their presence on platforms like LinkedIn to stand out from the crowd.
• Procurement professionals should consider hosting events and participating in podcasts to amplify their voice and share their knowledge.
• The real estate and property market is seeing opportunities for technology integration, supply diversity and localization of suppliers.
• Hiring managers should have a clear idea of the role they are hiring for and involve relevant team members in the interview process.

To learn more about Talent Drive, visit their website on www.talentdrive.co.uk

In this episode, Martin Smith interviews James Ball, Associate Director at Infosys Portland.

James discusses the differences between working in industry and working in consultancy in the procurement field. 

James shares his insights based on his 25 years of experience in procurement, with 15 years in industry and the last 10 years in consultancy. 

He discusses the differences in thought processes, responsibilities and timeframes between the two roles, and explores the concept of adaptive procurement transformation and the evolving role of procurement in organisations.

This episode of Talent Talks covers…

●      Working in industry and working in consultancy in procurement have significant differences in thought processes, responsibilities and timeframes.

●      In industry, procurement professionals focus on long-term strategies, team well-being, stakeholder engagement, policies, processes and category plans. In consultancy, they focus on project-based work, specific work streams, and achieving outcomes for clients.

●      Procurement is evolving to become its own profit centre, with a focus on adding value to the business and digitalisation.

●      The skills required for modern-day procurement professionals include adaptability, business partnering, technology proficiency and a learning mindset.

●      Consultancy in procurement has experienced double-digit growth and continues to be in demand, with organisations using consultancies for transformation projects and as a flexible resource.

Chapters

00:00 Introduction and Background of James Ball

01:25 The Differences Between Working in Industry and Consultancy in Procurement

11:46 Adaptive Procurement Transformation: Making Procurement Relevant

16:36 The Evolving Role of Procurement in Organisations

32:01 The Growth and Demand for Consultancy in Procurement

In this episode, Martin Smith interviews Gavin Boswell, the Director of Procurement at Serco. 

They discuss Gavin’s 10-year career at Serco and the evolution of procurement over the past 30 years and the changing role of procurement professionals. 

They also explore the value proposition of procurement and the different methods used to deliver cost reduction and value optimisation. 

Gavin discusses the challenges and opportunities that come with leading transformation efforts in different organisations and emphasises the importance of creating alignment and appreciating the criticality of leadership in driving successful transformations. 

Gavin also discusses AI and its potential impact on procurement regarding processing activities, such as purchase order and invoice processing, as well as more strategic activities like supplier relationship management, innovation, sustainability and risk management.

This episode of Talent Talks covers:

• Different methods and approaches are used to deliver cost reduction and value optimisation in procurement. 
• Innovation and building relationships with suppliers are key to enhancing competitiveness.
• Procurement should align with the strategic priorities of the business.
• Curiosity leads to a data-driven approach and enables strategic and business-focused procurement.
• Being proud of the profession and the journey of development in procurement is rewarding and fulfilling. 
• AI could play a significant role in procurement, freeing up talent for more impactful activities.

Chapters

00:00

Introduction and Background

02:01

The Value Proposition of Procurement

04:20

Prioritisation and Focus in Different Business Units

06:23

Transformation and Development

08:23

Creating an Environment for Collaboration in Procurement

11:23

The Importance of Alignment

13:35

Challenges of Achieving Alignment in a Complex Business

15:50

Developing a Business Mindset

20:38

The Rewarding Journey of Development in Procurement

21:53

Continuous Learning and Evolution in Procurement

23:51

The Future of Procurement in the Digital Age

24:12

The Role of AI in Procurement

25:15

The Role of Automation in Procurement

25:58

Unlocking Talent through Automation

26:18

Using Automation for Processing and Strategic Activities

26:39

In this episode, Martin Smith interviews Alex Jennings, an experienced procurement and commercial professional who has worked for companies such as GE and Toyota.

They discuss Alex's career journey, his experience in managing teams, and the changes in the procurement profession. 

They also delve into Alex's entrepreneurial journey and the launch of his procurement platform, the Alchemie Network. The platform aims to connect procurement, supply chain, and sustainability professionals and provide them with tools for personal and professional development. 

Alex emphasises the importance of building strong teams, understanding individual strengths and weaknesses, and creating a culture of trust and diversity.

This episode of Talent Talks covers: 

●      Alex Jennings 40 years worth of experience within procurement and commercial roles.

●      The importance of building strong teams that complement each other's strengths and weaknesses.

●    That diversity, both in terms of demographics and thought, is crucial for a healthy and successful team.

●      The need for a culture of trust and an environment where team members feel comfortable challenging each other.

●      The evolution of procurement from a fulfilment-focused function to a strategic role that requires managing supply chain risks and disruptions.

●      Alex introduces the Alchemie Network, a procurement platform that aims to connect professionals and provide tools for personal and professional development.

In this episode, Martin Smith speaks to Tom Hajek, an independent consultant and head of strategic procurement at Checkatrade. They discuss the key ingredients for successful procurement transformation. 

Tom emphasises the importance of aligning procurement with high-level business objectives and applying a framework of people, processes, and technology. Tom also shares his methodology for prioritising transformation efforts and delivering commercial wins. 

He highlights the need for procurement to be perceived as a strategic enabler of the business and offers insights on attracting and developing procurement talent. Tom concludes by discussing the challenges faced by procurement teams and the profession as a whole.


This episode of Talent Talks covers:

1. Align procurement with high-level business objectives to deliver successful transformation.

2. Prioritise transformation efforts based on stakeholder engagement and burning issues.

3. Position procurement as a strategic enabler of the business to elevate its brand.

4. Attract and develop procurement talent with a focus on aptitude, commerciality, and sound judgment.

Summary

In this episode, Martin Smith interviews Brad Mills, the first recruit of Talent Drive, about his experience in procurement recruitment. 

They discuss the challenges and opportunities in the retail and hospitality sector, the market outlook for 2024, and the changes in procurement recruitment over the years. 

Brad shares tips for hiring and emphasises the importance of diversity and agility of thought in the hiring process. They also highlight the value of industry experience in recruitment. Brad provides insights into the current state of procurement recruitment and offers valuable advice for both hiring managers and candidates.

This episode of Talent Talks covers:

1.        The retail and hospitality sector faced challenges in 2023, but there are positive aspects and opportunities for growth in 2024.

2.        Leadership roles are emerging in procurement, creating new opportunities for professionals in the field.

3.        The recruitment process should focus on finding candidates who are a 7 or 8 out of 10, with the right soft skills and potential for development.

4.        Diversity and agility of thought are important in hiring, as they bring different perspectives and ideas to the team.

5.        Industry experience is valuable, but candidates from diverse backgrounds can also bring unique insights and skills.

In this episode, Martin Smith interviews Ben Paynter, Procurement Director of Burberry, about his journey into procurement and the challenges and opportunities in the industry. 

Ben shares his transition from sales to procurement and his passion for bringing non-procurement professionals into the field. He discusses the unique challenges of procurement in the retail sector and the need for skill sets related to ESG and CSR. 

Ben emphasises the importance of competency assessment in hiring and providing comprehensive feedback to candidates. He also addresses the war on talent in procurement and the need for more investment and awareness in the profession.

This episode of Talent Talks covers: 

1. Transitioning from sales to procurement offers new opportunities and a different perspective on negotiation and value creation.
2. The retail sector presents unique challenges in procurement, including the need for agility and the close link to a dynamic marketplace.
3. The industry faces challenges in finding and developing procurement talent, including the lack of investment in training and the focus on specific skill sets.
4. Competency assessment and comprehensive feedback are essential in hiring and developing procurement professionals.
5. Companies and individuals in the procurement field should work together to elevate the profession and create more awareness and opportunities.