Ensuring CPO-TMT Alignment: An empirical investigation of antecedents
Type
conference paper
Date Issued
2024-03-27
Author(s)
Abstract
Fostering strategic alignment between business and procurement remains a perennial challenge. Although top management teams increasingly focus on supply-related topics and chief procurement officers have more strategic exchanges, misalignment persists. Procurement is often still perceived as a service provider, not a strategic advisor, underscoring a gap in fostering strategic alignment. Our research delineates antecedents in the CPO-TMT relationship to strategic alignment and identifies strategies for effective deployment by drawing on extant research on social capital theory, expert interviews, and focus groups with procurement executives and top management team representatives.
Language
English
Keywords
Purchasing and Supply Management
Alignment
Antecedents
Qualitative interviews
Focus group
HSG Classification
contribution to scientific community
Event Title
33rd IPSERA 2024 - Emerging Alternatives
Event Location
Rio de Janeiro - Brazil
Event Date
24 - 27 March 2024