Tags » Contract / Commercial Management

Culture and Commercial

Organizational culture is becoming an increasing area of focus for every business. As recent events have shown, the speed and power of social media activity demands heightened sensitivity and rapid response mechanisms. 470 more words

Contract / Commercial Management

What is the role of the private sector in Open Contracting?

A guest blog by Sally Hughes, Chief Operating Officer of IACCM

Social trust is high on the political and corporate agenda. Open contracting is attracting growing attention as one way to increase public confidence in the transparency and integrity of business and government dealings. 825 more words

Contract / Commercial Management

Open Contracting rises up the agenda

As digital communication steadily transforms social expectations, it should come as no surprise that there are growing demands for ‘open contracting’ – an end to the secrecy and complexity that masks business dealings and performance. 212 more words

Contract / Commercial Management

Legal Tech: Use With Caution

IACCM’s recent study of the state of contract management automation revealed low satisfaction ratings and poor levels of adoption. While there are some very successful instances of implementations led by the Legal function, in general systems selected by Law Departments were especially prone to failure – in fact more than 40% more likely to be underperforming. 164 more words

Contract / Commercial Management

Improve performance: scrap traditional contracts

Contract success is directly impacted by the motivation of the parties. Research increasingly shows that traditional forms of contract are demotivating and therefore can be directly responsible for under-performance. 417 more words

Contract / Commercial Management

For a better contract, add some emojis

Recent years have seen growing interest in approaches to contract design and expression. There are many factors behind this, among them the increased use of contracts and also their greater length and complexity. 318 more words

Contract / Commercial Management

Ten tips to ensure your contract fails

Over the years, I have had the good fortune to witness multiple instances of contracts failing to achieve their desired results. Organizations use many different techniques to ensure failure, but I have observed several that seem to be especially popular. 307 more words

Contract / Commercial Management