Academics Network
The purpose of this Network is to provide its members with a forum to share insights to new trends and emerging practices in the fields of contract, commercial and relationship management. We encourage the sharing of research and knowledge across the academic sector, and hope that collaborations amongst the members will lead to new insights and practices, as well as encourage the field of study to grow. A key goal is to grow the visibility of the study of contracts and commercial management along with roads to increased performance and professionalism.
A survey among alliances & partnerships professionals in Europe and Asia resulted in 5 themes that these professionals see as their main challenges in their work for 2020. Except for the specific outside circumstances most of these themes are not new in 2020, yet appear to be continuing challenges in our profession. Some of the challenges the respondents see can be handled by a solid governance structure most by rigorous alliance management. A short article about the preliminary findings can be read here: https://www.petersimoons.com/2020/01/2020-challenges-in-alliances-partnerships/
Hi All, I am a fresh member of the portal. Looking for some insights in regards to defining KPIs. We are a team of 3 Contract Managers and our manager has asked us to define KPIs and create a dashboard biweekly for her to have an insight of what we are doing. I believe the next step will be having score cards to measure the performances. I have been searching the web and thinking about this deeply for some time now. I was only able to come up with 3 KPIs but still need to define 1 more. And I am not sure if this has been answered before. Is there a document I can relate on to? Would appreciate any leading. Thank you in advance.
CCM Trends & Innovations. IACCM was delighted recently to partner with Stanford, the world's #1 ranked law school, to run an Academic Symposium. This sell-out event has received top ratings from the IACCM members who attended. Now, you can also benefit from insights into the multiple topics that were discussed and presented.
The Whole Story - Using Natural Language Processing (NLP) to Study Gaps in Commercial Contracts.
A collaboration of IACCM and the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford University, November 2019. The 'Contract of the Future' Won't be a Contract
Hi Would anyone be happy to have a discussion with me, or give me some pointers on managing a JV where you are both a customer, supplier and a shareholder? It would be good to understand how other companies navigate this tricky relationship and if there is any IACCM best practice I should adhere too? I have different contract managers who are responsible for the customer and supplier side to eliminate any conflict of interest, but the whole governance is so much more complex than a straight commercial arrangement. Therefore, if anyone has any experience or observations they would be happy to share, I would really appreciate your help. Kind Regards Jan
I like the idea of asking new employees what their learning style is during the onboarding training period. I too am a visual learner, so by seeing and doing the work first-hand during training helps me to learn better and faster. Good idea as it helps promote inclusion and diversity and increase employee morale as not everyone's learning style is the same and should make the employee comfortable in a new environment.
I note that the post is from November 2015. Would you say that the statistics for these 10 have remained the same in 2019? Is it possible to get more information about the survey that was conducted, where did the input come from? For example, what is the 9.2% financial benefit / Erosion based on?
For Agreement between the Parties of differnet origin , the aurgument starts up on Jurisdiction and governing law for the AGreement. while both the Parties are interested in proposing law of their respective country to be made applicable to the AGreement, I want to know whether there is any list of prioritised or ranked Jurisdiction/ Govering law like World bank ranks each country a ranking for " ease in doing business" and almost 190 countrites are listed. For example, I propose indian law and other Party would prefer Laws of Singpore to be governing law. Can parties choose England and wales as nuetral or any other preferred law.
My company is looking into a new CLM solution, and I'd love to hear from other companies what experiences they faced in the RFP/RFI phase or selecting a CLM vendor, implementation experiences, and post deployment user experiences. What went well and what didn't go well? Which specific areas did the CLM not meet your or your stakeholders expectations?
I like the preventive attitude to make the contract process simple for both parties. Good continuous improvement design ideas to inspire us all to start looking at how we manage our own contracts.
Jacko mentions there are 8 different payment schemes - do we know which?
IACCM is pleased to share the launch of 'Tipping the Scales', a free summer webinar series organized by CLI (Community of Legal Interns) to provide access to leading experts on topics ranging from career development and leadership to AI and data analytics. Intended initially for students to augment the typical business and law school curriculum, this series focuses on professional development and includes topics relevant for all future leaders regardless of career path and experience. Sessions take place online every Tuesday, Wednesday and Thursday from June 4th through August 1st excluding July 4th week, between noon and 1 pm EDT (GMT -4). For more information or to register, go to OurCLI.com.
As a pioneer in contract management effectiveness, IACCM is leading a global study to identify the successful contract strategies for megaprojects. If you are a legal, contracts, project management or procurement professional, would you be willing to share some insights into the strategies that worked on a recent successful project (one that came in ahead of schedule and under the FID budget)? In return you will receive a copy of the research findings that includes insights other Global2000 companies. This will not be shared publicly and will give you a unique opportunity to benchmark your performance against your peers and with other industries - Oil - Gas and construction firms. Your company data and insights will remain strictly confidential and will not be published. Scores will be reported in aggregate and companies will remain anonymous. If you are willing to participate, please follow the link to the survey: https://www.research.net/r/Contrusctioncommunitysurvey Looking forward to hearing from you.
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