<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=229461991482875&amp;ev=PageView&amp;noscript=1">
How to Take A Strategic Approach to Procurement Career Growth
3:11

In a recent episode of Procurement Reimagined, procurement expert Karthik Rama, CEO and Consultant at Procurement Doctors shared invaluable advice received from a mentor that profoundly shaped his career path:

"Think about growing in breadth, not in length."

This guidance highlights a key principle for sustainable professional development in procurement.

 

The Attrition Challenge

Karthik explained how attrition was a substantial issue, especially noticeable in regions like India, where professionals frequently change roles. Reflecting on this issue, he stated,

"Back in the day, India still has a big attrition problem. People don't stick along for a long time."

Experiencing the repercussions firsthand as an entrepreneur managing his own team, Karthik deeply understood the instability caused by frequent job hopping.

The Wisdom of the Tree Analogy

Karthik’s mentor illustrated career growth using a powerful tree analogy:

"First grow in breadth, make your trunk thick enough so that you can grow in length. Get that proper trunk out for the tree, and then you will grow straight up. No matter whether you like it or not, you have to grow. That’s the natural progression."

This analogy emphasises the importance of establishing a robust foundational skill set and domain expertise before advancing upwards into leadership roles.

Building breadth in procurement, gaining varied experience across categories and strategic functions, creates a strong, resilient base for future advancement.

From Tactical to Strategic

Initially focused on tactical, transactional roles, Karthik noted that this advice led him to expand into broader strategic categories like environmental services and professional services.

He shared, "That's when I started doing the environmental services, professional services, and all that. Before that, it was very transactional, tactical stuff."

This shift from narrow tactical roles to broader, strategic responsibilities significantly enriched Karthik’s professional journey, making his career more dynamic and impactful.

The Impact of Strategic Breadth

Karthik recounted how his mentor’s advice profoundly impacted his professional trajectory, stating, "This guy pushed me into this more strategic, more fun work."

The strategic breadth not only increased his value within procurement but also boosted his professional satisfaction and growth opportunities.

Key Insights for Procurement Professionals

  • Prioritise breadth: Build extensive expertise across multiple categories and roles.
  • Strengthen foundations: Cultivate deep, versatile skills to support sustainable career progression.
  • Strategic transitions: Move deliberately from tactical tasks to roles involving strategic decision-making and wider organisational impact.

Conclusion

Adopting this principle of growing in breadth before height is critical for sustained career success in procurement.

It encourages professionals to establish comprehensive, resilient skill sets that support robust career growth, positioning them effectively for leadership and strategic roles in the future.

Shannon Smith
Shannon Smith

Shannon Smith bridges the gap between expert knowledge and practical VCLM application. Through her extensive writing, and years within the industry, she has become a trusted resource for Procurement and Legal professionals seeking to navigate the ever-changing landscape of vendor management, contract management and third-party risk management.

Tags

Contract Management , Control , Vendor Management , Compliance , Contract Lifecycle Management , Contract Management Software , Visibility , Contract Lifecycle , Case Study , Vendor and Contract Lifecycle Management , Vendor Management Software , Supplier Management , Contract Management Strategy , Contract Risk Management , Regulation , Contract Repository , Risk Mitigation , Regulatory compliance , Third Party Risk Management , Contract Automation , Contract Visibility , VCLM , Procurement , TPRM , Workflows , Artificial Intelligence , CLM , Contract Ownership , Contract and vendor management , Contracts , NetSuite , Supplier Performance , Supplier Risk , contract renewals , Legal , Legal Ops , Podcast , Risk , Vendor Onboarding , Contract compliance , Financial Services , Future of Procurement , Gatekeeper Guides , Procurement Reimagined , Procurement Strategy , RFP , Supplier Relationships , Business continuity , CLM solutions , COVID-19 , Contract Managers , Contract Performance , Contract Redlining , Contract Review , Contract Risk , ESG , Metadata , Negotiation , SaaS , Supplier Management Software , Vendor Portal , Vendor risk , webinar , AI , Biotech , Clause Library , Contract Administration , Contract Approvals , Contract Management Plans , Cyber health , ESG Compliance , Kanban , Market IQ , RBAC , Recession Planning , SOC Reports , Security , SuiteWorld , Sustainable Procurement , collaboration , Audit preparedness , Audit readiness , Audits , Business Case , Clause Template , Contract Breach , Contract Governance , Contract Management Audit , Contract Management Automation , Contract Monitoring , Contract Obligations , Contract Outcomes , Contract Reporting , Contract Tracking , Contract Value , DORA , Dashboards , Data Fragmentation , Digital Transformation , Due Diligence , ECCTA , Employee Portal , Excel , FCA , ISO Certification , KPIs , Legal automation , LegalTech , Mergers and Acquisitions , Modern Slavery , Obligations Management , Office of the CFO , Partnerships , Procurement Planning , Redline , Scaling Business , Spend Analysis , Standard Contractual Clauses , SuiteApp , Suppler Management Software , Touchless Contracts , Vendor Relationship Management , Vendor risk management , central repository , success hours , time-to-contract , APRA CPS 230 , APRA CPS 234 , Australia , BCP , Bill S-211 , Breach of Contract , Brexit , Business Growth , CCPA , CMS , CPRA 2020 , CSR , Categorisation , Centralisation , Certifications , Cloud , Conferences , Confidentiality , Contract Ambiguity , Contract Analysis , Contract Approval , Contract Attributes , Contract Challenges , Contract Change Management , Contract Community , Contract Disengagement , Contract Disputes , Contract Drafting , Contract Economics , Contract Execution , Contract Intake , Contract Management Features , Contract Management Optimisation , Contract Management pain points , Contract Negotiation , Contract Obscurity , Contract Reminder Software , Contract Requests , Contract Routing , Contract Stratification , Contract Templates , Contract Termination , Contract Volatility , Contract relevance , Contract relevance review , Contracting Standards , Contracting Standards Review , Cyber security , DPW , DPW, Vendor and Contract Lifeycle Management, , Data Privacy , Data Sovereignty , Definitions , Disputes , EU , Electronic Signatures , Enterprise , Enterprise Contract Management , Financial Stability , Force Majeure , GDPR , Gatekeeper , Healthcare , ISO , IT , Implementation , Integrations , Intergrations , Key Contracts , Measurement , Microsoft Word , NDA , Operations , Parallel Approvals , Pharma , Planning , Port Agency , Pricing , RAG Status , Redlining , Redlining solutions , Requirements , SaaStock , Shipping , Spend optimzation , Startups , Supplier Cataloguing , Technology , Usability , Vendor Categorisation , Vendor Consolidation , Vendor Governance , Vendor Qualification , Vendor compliance , Vendor reporting , Voice of the CEO , automation , concentration risk , contract management processes , contract reminders , cyber risk , document automation , eSign , enterprise vendor management , esignature , post-signature , remote working , vendor centric , vendor lifecycle management

Related Content

 

subscribe to our newsletter

 

Sign up today to receive the latest GateKeeper content in your inbox.

Subscribe to Email Updates