Contract management, or contract lifecycle management, is an activity still neglected by companies... ... but not for long, as its strategic value is becoming increasingly apparent....
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General Knowledge
Leveraging Tracey and Wiersma’s framework in ecosystem management
In the realm of strategic management, Tracey and Wiersma's framework offers invaluable insights into how businesses can effectively manage their ecosystems. This approach emphasizes...
Key Insights from the Gartner® 2024 CLM Capabilities Report
Report of the CLM landscape The 2024 Gartner Magic Quadrant for CLM was recently published, offering a comprehensive overview of the CLM market and spotlighting key players and trends...
Contract Principles for Small Businesses
Key Contract Management Principles for Small Business Owners While owning a small business comes with the breezy feeling of having control and a flexible work schedule, it also comes...
Contract managers are boringly average
Earlier this week I spoke about IT service and its impact on people and their business. Nothing new about this. I must have done it fifty times in the past five years. Usually for IT...
Understanding business ecosystem maturity
Digital business models are revolutionizing how leaders conduct business. This is not just a technology industry phenomenon but one that reaches across industries. With your car...
Contracts intertwined with primary processes
The contract management profession will not be known to everyone or will immediately evoke exciting associations. Nevertheless, the subject plays an important role in every...
CLOs to reduce hiring, focus on operations
Dive Brief: Look for hiring to go down while investment in operations to remain a strategic priority, the annual chief legal officer (CLO) survey by the Association of Corporate...
5 ways to harness the value of your ecosystem
No matter your industry or organization, you exist in an ecosystem: An integrated network that delivers a product or service through cooperation and competition. Multiple players make...