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3 Megatrends Affecting the CM Profession
And what NCMA plans to do about it.
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Megatrends Shaping CM Sphere
1. The demand for CM talent exceeds the supply.– Has been the case since early 2000’s.– Wars (2003-present), natural/unnatural disasters (Katrina,
Rita, oil spill), economic recovery investment (2008-present) drove up government spending.
– Baby boom generation transition.– Bathtub effect: gap in mid-career talent.– No ‘front door’ – no ready stream of prepared talent to tap.
Takes longer to get entry person up to speed.– Increased training budgets – recognition of human capital
problems in 2008.– Proliferation of intern programs to accelerate development.
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What NCMA is Doing About ItThe demand for CM talent exceeds the supply.
• Advocacy initiative (2006)
• CMLDP (2007)
• Student memberships (2008).
• Student chapters (2008).
• New Professionals membership type (2010).
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Megatrends Shaping CM Sphere
2. The people doing CM work are defining ‘career’ differently.
• Driven by generational expectations, globalism, and technology.
• From path/ladder/track to web/net: non-linear, multi-dimensional.
• Moving between ‘professions’ vs. ‘jobs’.• Redefining retirement: not exiting, just taking on different roles.• Redefining relationships (mentoring).• Mobile (geographically, interpersonally and economically).
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What NCMA is Doing About ItThe people doing CM work are defining ‘career’ differently.
• Communities of Practice (2008).
• Career-web (aka BMA initiative)(2009).
• Virtual chapter (2010).
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Megatrends Shaping CM Sphere
3. Changes in the U.S. federal regulatory and budgetary environment will continue at a high pace for foreseeable future.
• In-sourcing.• Risk re-allocation (FP vs. CR).• Complexity (challenge to comply with everything).• Pace of change (all happening now!).• Winnowing of supply chain (eliminating undesirables).• Redefining socio-economic priorities.• Transparency demanding better, faster information.• Federal budget challenges will reduce discretionary spending.• Economic volatility, emerging world events requires faster
mobilization of acquisition.
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What NCMA is Doing About It Changes in the U.S. federal regulatory and budgetary
environment will continue at a high pace for foreseeable future
• Advocacy initiative.– Executive Round Tables (2007)
• Educational programs– Webinars.– Virtual conferences (Communities of Practice).– Conferences.
• Publications– CM News.– CM magazine.