WEBINAR RECORDING – The 8th RIGHT – The imperative of the RIGHT CONTRACT MANAGEMENT
About the Webinar
Webinar Aired: Thursday 8th June
Duration: 60 mins
In this webinar Sara Cullen discusses her recent white paper which recognises a gap in how we measure the success of procurement.
The ‘5 Rights of Procurement’ has traditionally set in place what is needed for procurement success. However as our industry continues to rapidly change, these rights must also evolve to encompass our new responsibilities.
Sara proposes the 8th Right of Procurement – the imperative of the RIGHT CONTRACT MANAGEMENT.
The new ‘Right’ cements our responsibility to not only purchase in the right way but also manage the resultant contract in the right way. This is the only way organisations can actually get full value from the entire sourcing initiative.
But what is the right contract management? Sara Cullen will demonstrate the elements of success in this webinar to help you develop the right contract management strategy, investment and people.
In this webinar recording you will learn;
- Why contract management is an imperative of the procurement ‘Rights’
- What is the right contract management strategy for your business?
- The key criteria to consider when determining your level of investment in contract management
- Who are the right people to involve in your CM network and how to manage the relationship and responsibilities.
Sara Cullen is the Managing Director and Founder of the Cullen Group, a Fellow with the University of Melbourne, and an Associate at the London School of Business. She has written 19 books and over 125 publications on best practice contracting, including The 12 Best Practices of Contract Management and has helped over 150 organisations around the world create high-performance commercial teams and contracts. She can be reached at https://www.linkedin.com/in/cullen1/?ppe=1