Peter Smith's Bad Buying Podcast Episode 2 - Incentivising Suppliers and Ventilators in the Spotlight

In this episode, Peter looks at why lack of competence, capability and information often drives bad buying decisions. He talks about how to incentivise suppliers and what can go wrong if you create perverse incentives. In part 2, he discusses the new National Audit Office report on UK government procurement of medical ventilators during the pandemic.  A great success - or hundreds of millions wasted? 

Om Podcasten

Organizations waste billions through spending their money badly, through failures, frauds and... you know what! In this podcast, industry expert Peter Smith explores cases of Bad Buying, looks at why they happen, and what people and organizations can do to avoid such disasters. Full of shocking, sometimes almost unbelievable stories, along with a bit of humour, Peter Smith's Bad Buying podcast is entertaining and enlightening for anyone interested in business, how government spends our money, or how to make their own organisation’s cash go further!