![]()
Wait! Before You Go…
Stay connected and get the latest insights in contract management!
Visit our LinkedIn Page to join a community of professionals and stay updated on industry trends, best practices, and expert tips from Contractmanagement.online.
![]()
![]()
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 service managers, business analysts and project managers. But this time it was at a conference for contract managers (the Dutch National Contract Management Conference organized by my good friends at CM Partners NL | Contractmanagement).
These presentations often involve a poll to discover people’s highest priorities for improvement in the area of IT services. I use a poll based on the five objectives that I formulated for the ITIL 4 module High-velocity IT, extended with “efficient IT solutions”.
The options are:
The most consistent high scorer is co-created value, followed by fast development, and valuable investments and resilent operations competing for third place. Co-created value is the essence of ‘service’, that I usually define as “economic exchange through the application of resources by service provider and recipient”. It is that intricate and unpredictable dance between people and people, and people and technology.
I was particularly interested whether contract managers would have different priorities and possibly break the “co-created” trend. This was not the case. In fact, their score for co-created value (38%) was exactly the same as the average of all the previous scores. So it seems that contract managers’s priorities are well-aligned those of the IT service managers, business analysts, project managers and others who have invited me to talk about IT service. Boringly average. And there is a lot to be said for boredom. It is underrated.
The slide deck is available for the conference delegates but for others, the bottom line was:
For more about XLA (experience level management), take a look at Marco Gianotten‘s XLA Pocketbook or my Reflections on XLA. Free samples of both books are available and I have written about my book here.
Author: Mark Smalley
Have you ever been caught off guard by a contract renewal… that nobody remembered?
Contracts are fundamental to human civilization, enabling structured collaboration, accountability, and progress. Their development over millennia reflects the evolving complexity of societies, economies, and...
Top 10 reasons procurement wants a CLM—and why every function should demand it (with AI’s Game-Changing Role)