A specific field of play when managing contracts is about the importance of cyber. Today a small dive into the relevance and why I think every contractmanager should understand it a bit.
[Read more…] about Businesses need a dedicated chapter on cybersecurity in all of their contracts
I love not knowing things. It forces me to be aware of opportunities in unexpected places and be open to ideas from others. It makes me a disruptor, and innovator. That’s why I dare call myself a wizard.
The uncertainty cone is a concept that has been gaining traction in the business world, and for good reason. It refers to the space of possible outcomes and actions that exist when operating in a complex, uncertain business ecosystem.
[Read more…] about Uncertainty Is a Core Strength And Not a Weakness
Self-risk assessments are a vital component of any successful risk management strategy. By taking the time to assess and analyze potential risks associated with a contract, you are better equipped to manage any issues that may arise and ensure a successful outcome. This needs to happen before you enter into a contract (so our lawyer friends can have a field day in describing clauses) but even more during the execution stage of a contract where you are confronted with change all the time.
[Read more…] about Successful Risk Management Strategies: Self-Risk Assessment
Contract management is a critical function for most businesses, regardless of their industry or size. It involves ensuring that contracts with suppliers, partners, and customers are properly executed, and that both parties meet the obligations and expectations set forth in the contract. However, when it comes to the issue of social responsibility, contract management alone should be enriched with the right to execute social audits.
[Read more…] about The Right to Execute Social Audits
Critical thinking is an essential skill that involves analyzing, evaluating, and synthesizing information to make informed decisions. In the context of contract execution, critical thinking can help companies identify potential risks, anticipate challenges, and ensure that contractual obligations are met efficiently and effectively.
[Read more…] about The Importance of Critical Thinking for Effective Contract ExecutionThis website uses cookies to ensure you get the best experience on our website. More information
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