The Science of Sourcing Governance
Failed to add items
Add to basket failed.
Add to Wish List failed.
Remove from Wish List failed.
Follow podcast failed
Unfollow podcast failed
The Science of Sourcing Governance
-
Narrated by:
-
By:
About this listen
Unlock the Science Behind Sourcing Governance 🚀
Most organizations spend 70–80% of their IT budgets just “keeping the lights on”—and the same inefficiency plagues sourcing governance. The result? Strategic forums are often cosmetic, while operational meetings dominate. This imbalance costs businesses 15–50% of annual contract value in lost opportunities.
It’s time for a shift.
✅ People – Invest at least 5% of ACV in governance resources and ensure clear accountability.
✅ Processes – Own the right governance processes (Contract, Issues, SLAs, Invoice, Service Requests).
✅ Tools – Structure governance meetings with discipline and transparency using formulas like Fmtg = (Frequency, Type, Duration).
Good governance = clarity on “who talks with whom, about what, and when.”
When done right, sourcing governance moves from a rear-view mirror IT agenda to a proactive business value engine.
💡 Key takeaway: Effective governance isn’t optional—it’s the foundation for safer, cheaper, faster, smarter, and greener IT decisions.