In today’s fast-paced and dynamic business landscape, effective contract management holds the key to unlocking numerous benefits for organizations. However, harnessing the true potential of contract management requires the harmonious integration of three critical...
Contract management as a vital instrument to achieve sustainability objectives required by IPCC report
For centuries, humans have been putting our earth to the test. Since the industrial revolution we are depleting the natural resources in a drive for continuous innovation and growth. We are producing and consuming more and more goods and services to accommodate an...
Why leadership should dive deeper into contract management
The business case is one of the main priorities that come up when I talk to executives about contract management. Especially the financial part of the business case: how much are we going to save? The many executives that see cost-saving as the only benefit they can...
Metatrend 3: the growing focus on sustainability and environment
Today’s leadership has to deal with new challenges that have not yet been embraced in the world of business schools and is not part of the everyday curriculum of the average MBA. Focusing on the future however is of paramount importance for the leader of today, more...
Metatrend 2: From recovery after loss to prevention of risks
In my previous metatrend blog I talked about a J.A.R.V.I.S-like technology to help people in the field of contract management. The second metatrend I’m addressing is ’from recovery after loss to prevention of risks’. This trend sprouted from the insurance field of...
Metatrend 1: A contract manager is not a J.A.R.V.I.S. but it surely will get one….
Most people don’t know what a J.A.R.V.I.S. is, do you? J.A.R.V.I.S stands for ‘Just Another Rather Very Intelligent System’, a fictional artificial intelligence character that was voiced in different science fiction movies. Let me dive into a mega trend, one that...
CLM leader Sirion is the first to incorporate CATS CM®
By incorporating all factors of successful contract management in a structured way on a strategic, tactical and operational level, companies can use contract management as a true strategy for realizing organizational goals. One of these factors for success is having...
Why contract management is vital to the business
Every organization is in a buy, sell and value-add trajectory continuously. The organization buys something, it does something to the purchased and then it sells its services or products – in a highly simplified way: The creation of value. Value is not derived from...