Corruption corrodes the fabric of society. It undermines people’s trust in political and economic systems, institutions and leaders. It can cost people their freedom, health, money – and sometimes their lives.
Procurement is a complicated and sometimes opaque process, through which enormous sums of money are spent. Corruption in procurement means money is being wasted on a very large scale – whether shareholders’ money in the private sector or tax payers money in the public sector – and the benefits this money should have brought are lost. Money to pay for buildings, hospital equipment, books for schools, safer roads, the foods we eat and the clothes we wear, for example, ends up sitting in the pockets of the corrupt.
This highly practical and interactive course equips delegates with the essential skills required to understand just what corruption in procurement is all about and how it can be combatted effectively.
Who should attend?
This course has been specifically designed for anyone with an interest in wiping out corruption in procurement and in the supply chain, including senior managers, CPOs and Purchasing Directors, purchasing managers, finance managers, supply chain managers and commercial lawyers.
- What is corruption and why it haunts us
- The ways in which procurement and corruption come together
- What to look out for in your organisation
- Corruption at the bid stage and earlier – bribes, collusion, rigging the specification…
- Corruption during the execution of contracts – hidden failures, false invoices, unnecessary work…
- Other forms of corruption – conflicts of interest, dodging approvals, unnecessary purchases…
- Corruption in the supply chain
- The regulation of corruption – national laws, UN and OECD initiatives
- Combatting corruption
- The importance of the right culture and the right people
The course will be delivered as a mix of theory and practice – with plenty of individual feedback. Full use will be made of case studies and there will be group break-out sessions to explore certain topics.
At the end of the course participants will he able to:
- Understand what corruption in procurement is all about
- Recognise the importance of taking assertive action against corruption
- Look out for the danger signals or “red flags”
- Look at corruption from different points of view – that of the buyer versus that of the supplier
- Recognise the cultural and human factors at work in corruption
- Understand the regulatory framework, including law and other initiatives
- Use appropriate tools for combating corruption
- Identify issues of corruption in the extended supply chain
- Implement an anti-corruption initiative within their own organisation