The inaugural SIG Procurement Technology Summit was unlike any other industry event. As COVID-19 swept across the globe, my team and I had to pull off something we’ve never done before: turn our in-person Summit into a completely virtual event.
While the circumstances were less than ideal, it was a humbling experience and a good reminder that to stay relevant, you must be flexible and agile when disruption strikes. Admittedly, a global pandemic was not in our risk scenario playbook, but you can bet that it will be going forward.
New Concerns for Procurement
In order to provide SIG members with the most up-to-date and relevant content, we ask for your feedback to find out what’s top of mind for you, your colleagues and your organization. For the first time in six years, the economy is a top business issue. This is markedly different than what you told us was a top concern just six months ago. Now, most people are concerned with how the crisis will impact:
- Income and business opportunities
- Negotiations in a virtual world
- Business resiliency and continuity
- Resiliency of their organization and the talent they support
- Addressing risk – in the supply chain, in supplier negotiations, in online business operations and transactions
Many of our Summit presentations pivoted to reflect these new realities, and our upcoming events will feature practitioners and thought leaders sharing how their organizations responded to the disruption with flexible, proactive measures. The common thread in all of this is advanced technology and strong leadership.
Even though we didn’t get to swap business cards at speed networking or catch up over a nice meal, we were able to transition almost every aspect of the in-person Summit to a virtual event. One such carryover is the Summit Presentation Anthology. It contains a snapshot of every presentation made at the Procurement Technology Summit and we have every session recording available too! This Anthology is a benefit of SIG membership, so it is only available to SIG members. Make sure you are logged in to access all the presentations and share the wealth of knowledge with your colleagues.
What SIG Members Can Expect
While many parts of the country are slowly getting back to business, many are still not comfortable meeting in groups and the Centers for Disease Control and Prevention (CDC) doesn’t recommend it either. We know that personal connections make SIG valuable to members, but until the CDC issues new guidance, we will continue to host virtual events while working on new and innovative ways to create meaningful connections that keep our members and staff safe.
There is one point I want to be clear about – our virtual events are not just webinars. They are live, interactive and engaging. During the Procurement Technology Summit, we welcomed over 1,100 people into our digital adventure with an 86% satisfaction rate. That is unheard of in our industry! And we just hosted the first virtual event in our CPO & Executive Virtual Series that went so well that many attendees have already signed up for the July event. We are now planning to host these monthly throughout the summer.
In closing, I’d like to thank everyone who attended the Procurement Technology Summit and our June CPO & Executive Virtual Series event. For our upcoming events, we have great presenters lined up who will inspire you as a leader and provide exceptional training for your team from industry experts.
Stay safe, stay healthy and please reach out to me if you have any questions, concerns or would like to share your opinion.
Dawn Tiura is the CEO and President of SIG, SIG University and Future of Sourcing and has over 26 years' leadership experience, with the past 22 years focused on the sourcing and outsourcing industry. In 2007, Dawn joined SIG as CEO, but has been active in SIG as a speaker and trusted advisor since 1999, bringing the latest developments in sourcing and outsourcing to SIG members. Prior to joining SIG, Dawn held leadership positions as CEO of Denali Group and before that as a partner in a CPA firm. Dawn is actively involved on a number of boards promoting civic, health and children's issues in the Jacksonville, Florida area. Dawn is a licensed CPA and has a BA from the University of Michigan and an MS in taxation from Golden Gate University. Dawn brings to SIG a culture of brainstorming and internal innovation.