mpollack@sig.org's blog

Education is Good

The build out of the “internet of things” will drive the doubling of knowledge every 12 hours, according to IBM. That means that every time you go to bed for the night, an entirely new amount of information has flooded the world. It wasn’t that long ago that robots were only part of huge factories. Now they have them available for purchase at local retailers for less than $50. Robots are more than mechanical machines…in today’s world, they are incredibly advanced tools that have the ability to automate everything, including driving.

As sourcing professionals, it is necessary that we all understand the new world we are living in, and how it impacts not only our organization, but our daily job. Do you have a knowledgeable understanding of:

  • How you are going to source these new products?
  • How you will negotiate contracts for technologies that didn’t exist last month?
  • How you will incorporate these products into your work?
  • How contracts will be crafted to protect IP?

Do you have the knowledge, skills and competencies to fully grasp the future that is here and expanding exponentially?

Education is the answer…and there are a few simple things you can do to support your own education:

Make sure you are reading a book a month. That’s an investment of only 15-20 minutes per day. If you don’t know what to read, (I have this problem) ask someone you trust, explore the internet (trusted sites) and determine what the most successful people are reading. Make sure these books are not just about your industry or current role, but about business, innovation, creativity and other areas of focus. By reading a variety of books, you will gather different insights and uncover different views on the changing world.

Teach. When you teach others, you learn. You have knowledge others want and they have insight you need.  Learning is a mutual relationship.

Mark Pollack, Vice President, SIG University and Chief Strategy Officer, SIG