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WELCOME TO THE UTILITIES AND POWER COMMUNITY
The Utilities and Power Network of IACCM is a global group of contracts and commercial practitioners from companies in the utilities and power industries.
This Network provides opportunities and platforms for members to explore current and emerging industry trends and practices. The community will conduct research and engage experts, innovators, and exceptional professionals to share knowledge and experience related to key topics important to members working in these sectors.
Meetings will be virtual (by phone or webinar) unless in specific cases there is an agreed wish to have physical meetings or workshops to develop specific initiatives.
As part of the activity of this Network, we have created a survey. As key players in this sector, we want to understand the challenges that you are experiencing and key areas of focus/interest for your business. The results of this survey will form the basis of key activity planned for this community over the next 12 months.
The field of Contract & Commercial Management still has some way to go in creating equality between male and female professionals. It begins with the finding that overall just 32% of the community are women and is compounded by the fact that they are less than half as likely to be in a senior management role. This is especially the case in Procurement, where the ratio of women is just under 30% (compared with 40% in sales contracting).
In this session our experts will provide real examples of how companies have used IACCM Contracting Principles to streamline and balance contract templates and how they overcame initial pressures to maintain one-sided agreements. We will also discuss how these general Principles can be translated into specific contracting guidelines for particular market sectors that have their own market practices. Hal Bretan, Chief Counsel, BT Lita Bollimpalli, Associate General Counsel, Verizon Business Network Services Inc. Christine Pauleau, Senior Counsel, iConPerformance Moderated by: Cathy Brixen, Corporate Counsel, W. L. Gore & Associates, Inc.
Interactive discussion: are principles and standards the future? Including the results of the contracting terms joint survey Michael Mensik, Partner, Baker McKenzie Hal Bretan, Chief Counsel, BT Americas Inc. Lita Bollimpalli, Associate General Counsel, Verizon Business Network Services Inc. Chaired by: Paul Branch, COO & CTO, IACCM
How many business leaders do you know who aren't optimists? Indeed, IACCM surveys have suggested that our members often attribute failed projects to the over-optimism of top management. As a result, many see the role of contract and commercial managers as bringing balance, a dose of reality, facing up to the real risks. For the executive optimists, this may be viewed as pessimism or negativity - and lead to us having limited or late involvement. Optimism is a good trait. Research shows it is associated with better health, a longer life and greater success. How can we best temper our need to be commercially realistic with a healthy dose of optimism - the sort of attitude that gains attention and increases our value? In this fascinating and energizing session, Victor will inspire, amuse and be your guide to discovering how you can apply optimism within your business role and life in general, acknowledging the mantra 'All good leadership is optimistic'.
New approaches, new ideas, and new types of relationships and commitments play ever-more central roles in business survival. Technology often drives innovation, but success mostly depends on the human side of the equation: on commercial innovation. At its simplest, innovation can be defined as 'something different that has impact.' It can be strategic or operational, and it can be incremental or transformational. But to succeed, it must have impact. This workshop will help you: • Investigate the commercial innovation going on in the business community; • Discover how to move innovation projects from idea to impact; and • Meet like-minded professionals-people who are innovating or looking to innovate.
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?
Hello I am new to IT purchases. Do you have any experience with SaaS? What should I be aware of as a Buyer? Judit
Hi - has anyone bought Speech Recognition software or services for their business ? Any insights you can share regarding commercial terms / price ?
I am looking for some guidance regarding a clause which is obligating the supplier to prioritize resources for the Purchaser. From the supplier side this could potentially be a commitment difficult to fulfill. Perhaps you have seen some drafting on this subject which softens such a commitment? I am thinking along the lines of "supplier to make best efforts...". Looking forward to your comments
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