In this article some valuable insights on how scale-up companies can leverage contract management best practices to fuel their hyper-growth journey. As scaling up brings new challenges, having a robust contract management strategy can be the key to success. Let’s dive in!
[Read more…] about Driving Hyper Scale with Contract Management Best Practices for Scale-UpsRisk Management
Businesses need a dedicated chapter on cybersecurity in all of their contracts
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 contractsSuccessful Risk Management Strategies: Self-Risk Assessment
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 AssessmentThe Risks of Outsourcing
Outsourcing is an excellent way for organizations to optimize their operations, reduce costs, and focus on their core competencies. However, it can also come with a range of risks that organizations need to be aware of. Let’s talk about risk.
[Read more…] about The Risks of OutsourcingMetatrend 2: From recovery after loss to prevention of risks
In my previous metatrend blog I talked about a J.A.R.V.I.S-like technology to help people in the field of contract management. The second metatrend I’m addressing is ’from recovery after loss to prevention of risks’. This trend sprouted from the insurance field of play. When you have an insurance policy for your house, the insurance company pays you after it burned down. Today insurers are shifting their strategies from a purely defensive one to a preventive approach.
[Read more…] about Metatrend 2: From recovery after loss to prevention of risks
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