Contracting Excellence Journal

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Authors:
Paul Branch, Head of Deal Assurance British Telecommunications (BT) Americas
Peter Wallqvist, VP of Strategy at iManage RAVN

What will it take to get Artificial Intelligence (AI) up and running on a contract lifecycle management (CLM) solution?  IACCM research suggests that nearly 80% of CLM deployments currently fail to deliver all the expectations.  Does this mean AI for CLM must suffer a similar fate?  

contracting excellence communication IACCM contract lifecycle management

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If we can extract anything positive from the corporate scandals during the first decade of 2000, it would be the robust pillars of contract management such as accountability, fairness, transparency, quality assurance, leadership and stakeholder management that now support business transactions of the corporate world.   

contracting excellence communication IACCM document/record management

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EDITOR’S NOTE - If you are not using metrics to measure your legal and contracting processes, this article will tell you why this neglect is very shortsighted even though it’s popular with many contract and legal experts.   Amber explains how using metrics can replace risk of failure with measurable value to your clients and legal departments. She also spotlights common misconceptions held by too many professionals…

contracting excellence contract management communication IACCM

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The headline, Your job as a human: Nobel Laureate calls for open arms jumped out of The Sydney Morning Herald on Dec 14, 20181. Malala Yousafzai, Pakistani activist for female education and the youngest Nobel Prize laureate, was calling for people to open their arms to refugees. It prompted me to reflect on our job as human beings and, with the rise of robots and artificial intelligence, what form our jobs will take in the future of work.

contract /commercial management contracting excellence communication IACCM

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Reflections on the launch of the new Open Contracting Partnership Strategy at the Open Government Partnership Summit 2019 and appointment as Chair of the Board of Directors of the Open Contracting Partnership.

strongertogether IACCM thefutureisopen

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In reflecting on her experience in participating in IACCM’s certification and educational programs she shares these comments about the benefits…

contract /commercial management contracting excellence communication IACCM

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Is a great deal a good idea?

negotiation contracting excellence contract management communication IACCM

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If your team has been spending many hours brainstorming for days -- trying to create a contract playbook but you’re getting nowhere -- there’s hope.   Henal Patel tells how his organization discovered a way to get the job done quickly. You can do this too.  Here is what he has learned about the contract playbook design and one tool you might want to use to create your own unique playbook.   

contracting excellence organization & people contract management communication IACCM

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The following commentary is a reprint of an article written by the author for Elevate Services.  It posted on that website Feb 12, 2019 and is reprinted here by permission of the author and his firm, Elevate Services.  

contract /commercial management commercial management contracting excellence contract management communication

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Too many organizations in the world still do not have a solid contract management program in place.  This often pulls hidden risk into the business -- risk that can be easily avoided.  Just becoming aware of this and being willing to take protective measures is an essential first step in the right direction.

contract /commercial management contracting excellence contract management communication

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