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Contract Management Best Practices and Dangers

Gain a better understanding of what the leading practices in contract management are and how to ensure contracts are a strategic enabler rather than a disabler.

Contracts are frequently overlooked as a source of value, leading to their management becoming a lower priority. This topic helps those responsible for managing contracts understand what the leading practices in contract management are and how to ensure contracts are a strategic enabler rather than a disabler. This material will allow you to: • Learn to create effective contract management strategies • Identify opportunities to improve your contract management approaches • Identify new areas of value for money in your contract management program • Manage risk with greater effect • Transform your contract management discipline into a competitive advantage • Hone your skills and competency as a contract management professional

92 minutes
Certificate of Completion
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

How to Align Contracts to Your Broader Enterprise Strategies

  • What Are the Strategies?
  • What Tactics Can Assist With the Alignment?
  • The Broader Value From Alignment

How to Foster Agility and Flexibility in Your Contract Management Practices

  • Why Are Agility and Flexibility an Issue?
  • How Can Contract Management Thrive in a World of VUCA?
  • At What Point Do Agility and Flexibility Become Chaos?

How to Ensure Governance and Compliance Are Followed in Your Contract Management Program

  • Why Are Governance and Compliance Important?
  • What Are Best Practices in Governance and Compliance?
  • What Tools and Tactics Are Leading Practices?

How to Integrate Collaboration Into Your Contract Management Practices

  • Is Collaboration Part of Your Corporate Culture?
  • How Can We Identify Whether Our Commercial Partner Is Ready to Collaborate?
  • How Can the Contract Enable Collaboration?

How to Establish Your Organization as the Commercial Partner of Choice

  • What Is a Commercial Partner of Choice?
  • Why Are They the Partner of Choice?
  • What Benefits Arise From Being a Partner of Choice?

How to Cultivate the Essential Skills and Competencies in This New Era of Contract Management

  • What Are the Essential Skills and Competencies?
  • How Can We Acquire These Skills and Competencies?
  • How Can We Apply Our Skills to Assure World Class Contract Management?
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on December 13, 2018.

Call 1-866-352-9540 for further credit information.

No Credit Available

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • HI CLE 1.5
     
  • ME CLE 1.5
     
  • NJ CLE 1.8
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Jim Bergman

Jim Bergman

Commercial Officers Group

  • CEO of Commercial Officers Group, a thought leader on all matters related to commercial contract management
  • Through his “in the trenches” experience as an attorney and commercial contract management professional, he has delivered over $100 million in negotiated savings and value for money through his contract management support
  • Been involved in numerous research studies on contract management
  • Conducted workshops and webinars on contract management for the benefit of over 10,000 individuals during the past decade
  • Sessions have been delivered to individuals in over 100 countries
  • In addition to being licensed as an attorney in Illinois, Texas and Oklahoma, he has been certified as CCM Practitioner, CCM Advanced Practitioner, and CCM Expert
  • Can be contacted at 720-470-9846 or [email protected]
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 405199
Published 2018, 2021
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