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Governance  & Transformation

 
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Governance & Transformation Group Charter:

Too much value is lost through weak governance, in particular of large and complex contracts and relationships. We will identify why governance is weak, and how to strengthen it, beyond the carefully drafted words in the contract.

Note that many large and complex relationships require a transformation of how the work is performed today, hence the necessary integration of “Transformation.”

We plan to bring practitioners (lawyers, clients & outsourcers) and academics together to capture a maximum breadth of perspective.

Group Mission/Vision:

We will identify the causes of value leakage and help define best governance practices that drive economic and strategic achievements.

 
 
Network Updates

IACCM APAC Monthly Update / Virtual Member Meeting

Recording of the IACCM APAC Monthly Update / Virtual Member Meeting for August.

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IACCM Member Meeting - Singapore

This is a great opportunity for IACCM member, guests, and anyone in the Procurement, Contracting, and Commercial Management to network and hear the latest new from around the globe.Join IACCM Director, Member Services and Business Operations, Asia Pacific, Jennifer Jarrard at the next IACCM Member Meeting in Singapore.This event is open to all IACCM members, member’s guests, and anyone in the procurement, contracting, and commercial space, and is free to attend thanks to our hosts Eversheds Harry Elias LLP.Members are encouraged to bring along their key supplier partners, customers, and others in your organisation who would value learning more about improving trading relationships.Date: Wednesday 21 August 2019Host / Location: Eversheds Harry Elias LLP,  SGX Centre 2, #17-01, 4 Shenton Way, Singapore 068807The nearest MRT stations are Raffles Place MRT, Telok Ayer MRT and Downtown MRT.Attendees will need to bring an ID for registration at the security desk at the lobby.Agenda:9:00 – 9:30 am      Registration and light Networking Breakfast9:30 – 9:35 am      Welcome by Host9:35 – 9:50 am      Introductions and Updates on IACCM News and upcoming events – Jennifer Jarrard, Director, Member Services, Asia Pacific, IACCM.9:50 – 10:15 am   Recent Trends in Dispute Resolution and Tips for Effective Contract Drafting – Francis Goh, Head of International Arbitration, Eversheds Harry Ellias LLP10:15 – 10:30 am Networking Break10:30 – 10:55       What You Need to Know About the Active Enforcement Framework - KK Lim, Head, Cybersecurity, Privacy and Data Protection, Eversheds Harry Ellias LLP 10:55 – 11:30 am Key insights from IACCM Asia Pacific Conference Melbourne July, 2019 and mini workshop on upcoming Asia Conference, Singapore October, 201911:30 – 12:00 am Close of meeting for further networking.Space is limited, so register now to reserve your seat.

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IACCM Asia Pacific Conference, July 2019

Watch some of the highlights from this year's Asia Pacific Conference in Sydney. Thank you once again to everyone who joined us - delegates, speakers, sponsors, startup hub participants, Leaders of the Future and Awards finalists!

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Why did they do it? Explaining corruption by officials and suppliers in public sector procurement - IACCM APAC Conference 2019

We've all read newspaper headlines about officials or suppliers caught behaving corruptly in public procurement processes, and have probably wondered why they did it. This session presents the results of a study that reviewed data from transcripts of nine NSW ICAC operations. Using qualitative thematic content analysis, the explanations of 45 corrupt public officials and 41 corrupt suppliers were analysed against a range of well-researched theoretical frameworks used to explain corrupt behaviour. Evidence from the study showed that there is no single dominant explanation for corruption in public procurement processes in NSW. This suggests that corruption is a complex phenomenon, not easily explained by a single perspective.

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Jurisdiction

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.

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Whats the best way to ensure all Contract Terms are being complied with ?

We are an IT service provider.I am researching on best way to provide reasonable assurance top management on Compliance status against Contract terms. This requires us to check if all Obligations,Milestones,Commitments etc are being met both at our end and any commitments from customer as promised in contract. Idea is to identify and fix deviations from contract terms , Reduce revenue leakage or Cost/Scope creeps. My strategy is (a) Review contracts before signing and call out Important terms to stakeholders (b) Assist proper handover of contract from Sales to Operations teams identify Owners to terms (c)Conduct Compliance Audits on Key accounts to assess compliance (d) Share lessons learnt back to Sales/Operations etc. (e) Use Self assessments by Operations where we can't reach them due to bandwidth issues Any Suggestions on how this can be made better ?

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