Contract Management Essentials - Building Capability Through Assessment
Businesses today survive and thrive in a complex and highly competitive landscape. When it comes to risk minimization and value maximization, no organisation can afford to err and has to act wise enough regarding contract management. Today, effective contract management is one of the essentials for businesses as it holds a direct impact on their bottom line. Australian businesses are recognizing the significance of strong contract management capability for maintaining operational efficiency. Why is Contract Management Assessment Necessary? ü A comprehensive Contract Management Assessment establishes the foundation for you to improve. It lets you rightly realise your strengths as a business, and identify the gaps in your existing practices. ü It provides you with a structured evaluation of core business areas including incompetencies of staff, risk management protocol, and governance frameworks . Is Self-Assessment Possible? ü When organisations decide to start w...