Partnering is the theme for the future, says BT
BT CEO Sir Peter Bonfield has told a CBI conference that partnership
between customer and suppliers must replace adversarial contract relationships.
Commenting on the communications industry in particular, he said: "The
speed of change is amazing. But the acceleration of change is breathtaking.
And in a world like this, the last thing you need is inflexible, adversarial
relationships with your suppliers."
Sir Peter suggested that the internet, more than any other factor, will
change the way companies do business. "This applies to human resources,
as much as marketing. And it certainly applies to procurement and partnership
sourcing," he added.
BT has already launched a project to transfer 1000 suppliers to an internet
platform. Ultimately, it expects to make a considerable savings.
Ironically, this boost for applied technology comes at the same time
the company is being accused of holding back the pace of e-economy development.
Chairman Sir Iain Vallance has admitted at the Telecommunications Managers
Association conference that, in part because of its legacy of older systems,
BT is regularly accused of inhibiting internet take-up. He rejects that
notion, of course.
Elliott Chase
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