Browsing All Posts filed under »Commentary«

A Questionable Quote #4

March 17, 2017

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Whenever I cover a story, I do not seek an outcome one way or the other, I simply pursue the truth and follow where it leads. For example, and as is the case with every story I cover, with the Santa Clara County KPMG controversy, I would be no less pleased to discover that they […]

Procurious Big Ideas Summit: The New Torchbearers Of Truth

February 23, 2017

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Speak To Power! In the procurement world, who are the new torchbearers of truth and insight, and why are they critical to the future of our industry? Resource Link: JFK on the importance of the press to a free society (http://www.msnbc.com/rachel-maddow/watch/jfk-on-the-importance-of-the-press-to-a-free-society-880072259938) 30

$46 million loss on $83.6 million in revenue = $1 billion valuation?

September 13, 2016

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I have heard of the new math, but based on the company’s 2015 financial performance, I must admit that I cannot understand Coupa’s $1 billion valuation. Am I missing something? Of course it doesn’t look like I am entirely alone on this one. In his recent Business Insider article, Eugene Kim couldn’t seem to fully explain the […]

Coupa IPO: Is The Unicorn Dead?

September 9, 2016

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Right out of the gate, I want to clarify an important point. I would rather walk down a dark alley at midnight in the worst part of town with $100 bills hanging out of my pocket, than invest in the stock market. In other words, my money is safer in the dark alley than it is […]

Finding Evidence That Shows Candidates’ Seriousness About Procurement

August 21, 2016

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Special thanks to Charles Dominick, SPSM3 of the Next Level Purchasing Association for this guest post. In the my previous post, I talked about ways to structure a job description to help find a rock star of a procurement employee by focusing on the qualifications you need and the qualifications you want.  However, let me caution you […]

Is NIGP silence a reflection of collective guilt or guilt by association?

August 17, 2016

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“However, I struggle to see a legitimate justification for NIGP’s reluctance to release the audit report. It leads one to suspect, rightly or wrongly, that the contents must be very bad news – perhaps for all those who have received copies.” – Colin Cram, August 16th PI Post Comment When I read the comment from […]

Confidential Information, Trade Secrets and The “Use” of Non-Disclosure Agreements

August 16, 2016

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Last week was very interesting – okay, every week is interesting – but last week in particular. On three separate instances I was made aware of attempts to circumvent the Freedom Of Information Act under the auspices of protecting proprietary information or trade secrets, the possible release of confidential information, and the frustration of sources who want to […]