Tactical vs. Strategic Outsourcing

June 24, 2008

Tactical means using individual contracts.Using:RFPCost negotiationLegal reviewSOW reviewResponsibilitiesSOPsPM learning cycleChange ordersIssue identificationIssue resolutionCloseoutStrategic equals a partnership approach:Work OrderAgreed base/unit costsTs&Cs... Read more...

Tata Consultancy Services Limited - TCS

April 7, 2008

Tata Consultancy Services Limited (TCS) is a software services and consulting company Headquarted in India. It is one of the world's largest providers of IT and business process outsourcing(BPO) services. Revenues of US £2 billion for 2006.TCS is part... Read more...

Contract Management Education

April 7, 2008

The following article looks at training, educations and examination for the Contract Manager.There are many ways to keep staff interested in engaged in their job and a top one is always education and training. Most training focuses on Soft or Hard Skills.Soft... Read more...

Pharma - Tailored Drugs

March 19, 2008

I recommend you to take a look at this interesting article from the outgoing chief of Eli Lilly.Eli Lilly's Sidney Taurel: 'Tailored Therapeutics' -- the Pharmaceutical Industry's Next Blockbuster?It discuss the changing focus on the Pharma Industry.... Read more...

Q: What is Contract Lifecycle Management?

February 12, 2008

A: Today, most organization's contract processes are defined by fragmented procedures, labor intensive processes, poor or no visibility into contract terms and conditions, ineffective compliance management and governance, and inadequate performance analysis.... Read more...

Contract Management with ContractX by SureStock

February 12, 2008

Anyone using this product - whats your feedback? http://www.surestock.co.uk/sure_contractx.html Read More →

CIO Magazine and ComputerWorld write about MCC rollout

February 11, 2008

CIO magazine and ComputerWorld have posted articles about the Melbourne Cricket Club (MCC) rollout of the Open Windows Contract Management software. MCC have implemented Open Windows Contracts PRO primarily as a risk management and governance tool.     To... Read more...

TCO vs. ROI

February 9, 2008

Here’s some blasphemy for you: in my opinion TCO is not a critical evaluation parameter when considering the benefits of contract management. Instead, I favor ROI. What drove me to this conclusion is an experience I had about a year ago competing... Read more...

Round up

February 7, 2008

ConclusionsContracts exist because separate legal entities that decide to form a relationship with each other need some formal record of understanding regarding the nature of the relationship and their respective rights and obligations. They are not well... Read more...

Success Factors in Contract Management

February 7, 2008

Critical Success Factor #1Most respondents anticipate that executive sponsorship will be key – and indeed it is. The sponsoring executive must have authority, be willing and able to overcome resistance and demonstrate ‘sticking power’.It is increasingly... Read more...

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