Many organisations view their functional teams, such as finance, commercial, contract management, procurement, supply chain management, and legal, as cost centres. This often means that they are managed for efficiency with any innovation effort being focused in this area. Whilst this is important, increasingly in a world where non-product commercial innovation is increasingly important for organisations, the role of the functional teams has a strong strategic component. In order to be able to create the offerings that will differentiate them, organisations need to tap into these functional skillsets to create and deliver a differentiated commercial offerings.
Yet in most organisations the functional teams play a largely compliance focused role which, when it comes to innovation and growth, is seen as a blocker. In order to unlock the functional skills in terms of innovation there is a need to review and potentially make adjustments at both the enterprise level and the team/individual level.
Kommercialize has a track record of creating and delivering programmes that can help adjust the balance between transactional and strategic focus within functional teams. In doing this we help you unlock latent value from functional teams, turning them from ‘perceived blockers’ to ‘creative enablers’ who see innovation as part of the day job.
To bring this to life speak to us about how we helped a global player in the energy and chemicals sector re-align their approach to supply chain management in order to move it from an efficient transactional team to key enabler for their growth strategy.