Stefan Westdijk

Reflecting on the role next-gen GCCs are going to play for enterprises - it is quite evident that there is singificant potential for GCCs to drive innovation for enterprises by leveraging their vast access to people, processes, and data across business units and regions However, our conversations with the global enterprise leaders who drive the innovation agenda indicates that only a few believe GCCs are fundamentally helping enterprises innovate. Our research reveals that four underlying factors typically hinder GCCs from realizing their potential as innovators for the enterprise: - Leaders within GCCs often mirror the enterprise silos, failing to generate proactive ideas for the overall enterprise - The emphasis tends to be on tactical and incremental enhancements rather than transformative and innovative ideas that drive global enterprise outcomes - The fragmented ownership of processes leads to lack of comprehensive visibility into the strategic priorities of the enterprise - The limited exposure to top-tier talent stemming from the small proportion of high-impact enterprise-level work conducted within GCCs. Global enterprise leaders and GCC leaders have to raise ambitions and unlock the potential of GCCs to be innovation engines for the enterprise. Interested in finding what the potential solutions are – I found this article very insightful; it explores these unlocks and identifies five focus areas that could build a truly innovative GCC organization https://lnkd.in/dFa_MnsG #Innovation #enterprises #GCCs

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Leaders need a fresh approach to transformation efforts—one better suited to the continuously evolving nature of our world. In this Harvard Business Review article, Michael Mankins and Patrick Litre draw on their research and experience to describe the three key drivers of continuous transformation. https://lnkd.in/dB4P2VUq #TransformationsThatWork

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How are digital technologies empowering Transformation Management Offices? Explore how to tackle transformation challenges to enhance efficiency and drive sustainable growth for your organisation in our latest report: https://pwc.to/4aSUPJS PwC Middle East #Digitaltransformation

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I’m excited to share that I'll be attending the Gartner Supply Chain Symposium 2024 in Barcelona from 10-12 June. The theme of our session "Tomorrow’s supply chain today - AI for supply chain excellence" is focused on navigating disruptions in technology , managing risks, and maximizing rewards. I look forward to exploring the latest technology, insights and trends shaping the future of supply chain. Let's connect and share insights during the event! hashtag #GartnerSC #EYSupplyChain #AI

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CEO succession is the number one role of the Board. In today’s complex and dynamic environment, investing time and attention to acquire and develop the right bench of talent at the top is a critical priority, and Boards that engage in the necessary planning and preparation to implement an effective succession process will be rewarded.   In this article we discuss the five steps to best practice in the CEO succession process.   Read the article here - https://lnkd.in/d3-c3bdU #ceo #ceosuccession #succession #chair #board #RemCoChair #chiefpeopleofficer #development #executivesearch

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Corporate Venture Capital (CVC) investments play a pivotal role in driving innovation in the GCC, with a substantial impact on sustainable growth and prosperity. Discover how CVC is shaping our future in our latest report: https://pwc.to/3WrPoht #corporateventures #ventures #investments

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By 2050, strategic investments in clean energy could elevate the Middle East's economy to $13 trillion. Opportunities in green hydrogen and green steel manufacturing are setting the stage for a sustainable future. Explore more in our latest ‘Strategic investment and deal opportunities’: https://pwc.to/3yrNqnc  #Energytransition #PwCDeals

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ERA Group delivers value across the supply chain spectrum. Opportunity being prime. To have your mid-market private or nonprofit overhead spend transformed to become among the top most efficient in your vertical absent of any dollar investment or assumption of any risk of return because ERA Group bares both investing in your firm performing all the heavy lifting nearly autonomously. Adept, pragmatic leaders understand ERA Group's value proposition uniqueness. They realize no line has ever formed with offers to deliver strategic level increases in their working capital at their expense and risk. All that is required is understanding that applying true overhead category domain expert's knowledge and insights to your overhead costs should reveal recommendations that would materially improve upon current state of acquiring overhead resources such as Pricing, Processes, Policies, Products and Providers - among others. Not difficult to conclude, otherwise ERA Group wouldn't possess growth over its 30 years while being the global leader in our cost efficiency services niche. So what type of leader are you, one who embraces efficiency and intellectually curious how much value and monetary savings experts could deliver or embraces status quo?

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Companies today are rethinking their manufacturing networks to address both #CostManagement and #Sustainability. @BCG’s latest article explores how a data-driven approach to reducing carbon emissions can improve EBITDA by 1-3 percentage points. By integrating sustainability into long-term network strategies, businesses can achieve transparency, efficiency, and resilience while supporting climate goals. With a clear roadmap, companies can balance financial and environmental objectives, gaining a competitive edge. Discover the full strategy: https://lnkd.in/dzppwg-R

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Lingering uncertainty, the need to reshape #operations for the future, and disruptive technologies (such as #GenAI) are motivating leaders to put #costmanagement at the top of the to-do list. In this podcast hosted by @Supply Chain Management Review Magazine's Editor-in-Chief, Brian Straight, my colleague, Laura Juliano, talks about how companies can achieve cost savings.

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Teneo surveyed more than 450 senior leaders from across the GCC, representing decision makers from the public and private sectors, and across a range of industries. Participants offered their perspectives on significant local and global issues, including the economy, technology and AI, cybersecurity and geopolitics. Results reveal where leaders are setting priorities, investing resources, and readying for change as we continue to navigate the second half of 2024. Learn more in the link to the report below ...

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١ تعليق واحد

Within the five core capabilities my colleagues outline for the next era of private capital, talent and organisational health are increasingly being seen as critical differentiators in creating operational and organisational alpha.

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Having managed operational supply chains across the globe, I’ve witnessed how essential resilience is for thriving in dynamic environments. The Commando Mindset of being the first to understand, adapt, and overcome translates seamlessly into both business and personal life. Here are a few key takeaways: Operational Resilience Adaptive Supply Chains: Stay agile and prepared for disruptions. Lean Processes: Cut waste, optimise resources, and continuously improve. Sustainable Practices: Think long-term and ensure sustainable growth. Personal Resilience Physical Health: Exercise, eat well, and rest. Mental Toughness: Cultivate a growth mindset and practice mindfulness. Work-Life Balance: Prioritise balance to support long-term resilience. Embrace resilience to achieve excellence! Do you agree? #Macilentus #SupplyChain #Leadership #BusinessExcellence #Resilience

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Sustainable finance is pivotal in the UAE's journey to a net-zero economy by 2050. Our latest report explores how the UAE is creating an enabling environment for green projects and the necessary Dh2.5 trillion investment for this transition. Explore more here: https://pwc.to/3yBISer

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Corporate Venture Capital (CVC) investments play a pivotal role in driving innovation in the GCC, with a substantial impact on sustainable growth and prosperity. Discover how CVC is shaping our future in our latest report: https://pwc.to/3WrPoht #corporateventures #ventures #investments

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EY’s Matthew Burton is featured in the Talking Supply Chain podcast, providing insights into the merge between GenAI and supply chains and the unforeseen challenges that come with implementing this disruptive technology. https://lnkd.in/gdeDwnvK #EYSupplyChain #supplychain

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Hear from specialists and clients who have delivered outcomes and been instrumental in realising both financial and non-financial benefits, establishing a culture of adoption and capturing lessons learned. Learn how to make the most of your investment, achieve your transformation vision and set up your organisation for continued success. Register here.

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At the Saudi Arabia CIPS MENA Procurement Future Conference, I sat down with Abdel Halim Ahmed, the Regional Vice President of GEP Worldwide and discussed the exciting developments in procurement in KSA, the innovative digital products offered by GEP Worldwide, and the growing trend of Artificial Intelligence in the industry. Stay tuned to watch the full podcast soon! #marckloepfel #procurementksa #cipsmena #middleeastprocurement #transformationinprocurement #kloepfelconsulting

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What a great day to have some thought provoking yet pragmatic discussion with Life Sciences GCC and business leaders representing marque companies and brands such as Alcon, Elanco, Eli Lilly and Company, GSK, Merck Group, Novartis, Novo Nordisk, Sandoz Few key takeaways: >𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗖𝘂𝗹𝘁𝘂𝗿𝗲 𝗮𝗻𝗱 𝗠𝗶𝗻𝗱𝘀𝗲𝘁: Shift from singular service-oriented/executioner roles to a collaborative business value creator (GCCs have earned the right!). Think GBO (Go Beyond the Obvious) Vineet Dwivedi > 𝗔𝗹𝗶𝗴𝗻 𝗢𝗞𝗥𝘀: Synchronize GCC metrics with enterprise OKRs to foster synergy, accountability, and measurable business results > 𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗥𝗮𝗽𝗶𝗱𝗹𝘆 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗲: Scaling GenAI, for example, requires a three-tiered contextualization - a) Industry-specific (for example, pharma-specific regulatory compliance) b) Function-specific (for example, data readiness for specific function/use case) c) role-specific (for example, mapping persons to change management strategies) > 𝗙𝗼𝘀𝘁𝗲𝗿 𝗚𝗖𝗖-𝗧𝗵𝗶𝗿𝗱 𝗣𝗮𝗿𝘁𝘆 𝗦𝘆𝗻𝗲𝗿𝗴𝘆: Shift from competition to collaboration. Check out a nice article on this topic from Mohua Sengupta here https://lnkd.in/gSBRxMvH Bharath M Sundaram Rohitashwa Aggarwal #Lifesciences #GCC

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