PREVENTING MAVERICK SPEND
Maverick spend is a major obstacle to extending procurement’s influence, yet decades of setting policies and rolling out enterprise systems has had limited impact in reducing it. ‘Hero’ executives – delivering major projects, achieving key performance improvements – are unlikely to be slapped down for a breach of purchasing policy, which can rapidly make it a badge of status amongst others not to follow the procurement rules.
This white paper uses a case study of local government procurement to explore the variety in maverick spend across a set of comparable organisations. It reveals startling differences in levels of uncontrolled expenditure and explores the implications from this. The findings are as relevant for procurement professionals in the private sector as the public, as they illustrate the effect of maverick spend wherever it may be found.
DOWNLOAD WHITE PAPER
A LOCAL GOVERNMENT CASE STUDY