Forty million! That is how much an ex-NAB executive was able to defraud from the bank before being detected. What would happen to your business if you lost even a fraction of that kind of money? Trust is important in a business. But so is vigilance against untrustworthy people. People…
“I’m an oil man, ladies and gentlemen. I have numerous concerns spread across this state. I have many wells flowing at many thousand barrels per days. I like to think of myself as an oil man”. – Daniel Plainview, There Will Be Blood Data is the new oil; many people…
There is a lot of angst associated with the future of work and rightly so. We are in the moment of profound change because of digitization and virtualization. But this is not the first-time humans have “face the end of work as we know it”, “mass redundancy” and other apocalyptic…
Cryptocurrencies are back in the news, but not for the right reasons. Crypto prices have crashed; people have lost money. The critics are gleeful, while supporters urge faith. So it would seem that no, we won’t be procuring goods and services up and down the supply chain using Bitcoin just…
Procurement is about making deals. What does it mean to make deals in 2019? For too long, savings has dominated the procurement agenda. A success of a procurement department is measured by how much value they derive for the organisation and yes, of course this comes down to savings on…
While February is the month of love, there is a bit of Valentine’s backlash with people wondering why is it that we need a special day to cherish our partners when we should be showing our love and gratitude for them all year long. Certainly, we should be mindful of…
All of us in procurement know that procurement non-compliance happens. The bigger the organisation, the more likely the chance that someone, somewhere is making purchasing decisions without consulting procurement or going through the defined process. Often referred to as maverick buying, this type of behaviour can also be the result of…
Remember the good old days where most manager’s had personal assistants? You may not because it has been many decades since it was viable to have a large pool of secretaries to whom you could delegate tasks. Technological aids have facilitated the self-service model which in-turn has seen the decline…
What does it mean to trust someone? It certainly does not mean that we know everything about them. Indeed, after a certain point, further information is meaningless. Studies have shown that once an impression is made, new facts don’t necessarily trigger a reassessment. If our trust is formed based on…
They raise some interesting questions about fiat money and how we assign value. They are volatile as investments, not used for transactions as much (as they should be a true currency) and at this juncture they are still mostly an engineering exercise of “well we can do it, so why…
Comprara Pty Ltd
Comprara acknowledges the traditional Aboriginal owners of country, recognises their continuing connection to land, water and community and pays respect to Elders past, present and future.
