Enhancing procurement capabilities in Petróleos Mexicanos

This chapter analyses how Petroleos Mexicanos, or PEMEX, could transform the procurement function into a strategic activity for value creation, including by making use of strategic workforce planning, change management, a skills framework, recruitment and promotion processes, training and performance management. It assesses the institutional model for human resources management in PEMEX, including processes such as recruitment, development and retention. Since it is critical for the company to be endowed with the right number of procurement officials with a fit-for-purpose set of competencies and skills, this chapter provides recommendations to improve the management of the procurement workforce in order to fulfil the company objectives and quickly evolve bearing in mind the company’s new institutional mission focused on creating value.