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March/April 2015 Edition
The truth about risk is you either manage it or it puts you out of business. Although no one would argue with this, what to do about it is where opinions start to divide. Some see risk as a hot potato to be passed on as swiftly as possible to the other guy. Within organizations risk may be seen as something best left to the professionals. Others see risk and its management as a shared condition of doing business.
Are you ready for a change? When Dr David Hillson talks about risk, he challenges traditional thinking at its core, exploring and expanding today's common concept of risk. He explains how a wider view of risk in contracts is crucial if you want to maximize your chances of success.
In a perfect world, a contracts manager wants to find the best contractor to deliver the full scope of the project. But what do you do when the 'best' commercial and technical choice is not sustainable?
How do we stop commercial issues from killing the successful execution of an IT transformation program? Here is some practical advice on what goes wrong and how good contract management can help fix it.
When working with sell-side agreements, too many companies rely on homegrown contract lifecycle management (CLM) solutions that lack the flexibility and responsiveness needed to effectively manage contracts and quickly close business. So, if your company does not have an automated CLM solution, how would you develop the business case to make that investment?
Whether a company is looking to outsource a non-core function across the street or across an ocean, choosing the right sourcing model is crucial: it will make or break the deal. Seven key models along the sourcing continuum, from approved supplier to equity partnership, are examined in this article.
Tim Cummins, IACCM's CEO, set the tone at the recent UK Ministry of Justice (MoJ) Contract Management conference in the Central Hall, Westminster, London, providing a key cross-industry perspective.
Learn to build business relationships and manage contracts successfully with a no-cost online course starting April 27, 2015. This is your free opportunity to learn alongside contract professionals worldwide!
It's that time again! Reserve your seat at the 2015 Europe Forum in London, June 15 through 17, for three days of intense networking, learning and actionable insight. No other event offers such a packed agenda - buy and sell-side - with hands-on interaction, thought leadership and latest industry case studies.
This work [illustration above] is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License. Based on a work at www.revitasinc.com/blog.