Commitment Matters

If you are a professional in Contract & Commercial Management, committed to achieving the best possible outcomes from negotiations with all your trading relationships, then ‘Commitment Matters’ is the perfect source of regular articles and posts dedicated to helping you achieve that goal.

What is a contract?

Posted by Tim Cummins

Feb 22, 2017 5:21:55 AM

It may seem amazing to ask, but what is it that constitutes a contract? More specifically, how would the average person in business answer this question?

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Topics: contract /commercial management, contract management

What impact Davos?

Posted by Tim Cummins

Jan 18, 2017 7:22:40 AM

Today sees the start of another World Economic Forum, the annual meeting in Davos, Switzerland.

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Topics: contract /commercial management

Contract & Commercial Management in 2017

Posted by Tim Cummins

Jan 5, 2017 5:59:42 AM

As we enter the new year, it is worth taking a moment to consider where we are coming from. I don’t support the view of many that 2016 was a year to forget. Certainly it was turbulent, unsettling and carried its share of human suffering and distress. Yet those are points on which we should reflect because they represent the challenges – and the opportunities – that we face going forward.

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Topics: contract /commercial management, commercial management, contract management

Speed Matters

Posted by Tim Cummins

Dec 21, 2016 8:03:55 AM

So what happens when you ask a child to hurry up, or criticize a teenager for not getting a job done? Is their automatic reaction to jump right to it and promise to do better next time, or to find an excuse (or better still, someone else to blame)?

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Topics: contract /commercial management, contract management

Which terms are risky?

Posted by Tim Cummins

Dec 21, 2016 7:58:02 AM

For 15 years, IACCM has been publishing a list of the most frequently negotiated contract terms – and highlighting how these are more focused on risk consequence than on risk probability.

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Topics: negotiation, contract /commercial management, contract management

Contract & Commercial Management: Key Messages from IACCM Americas 2016

Posted by Tim Cummins

Nov 1, 2016 4:13:29 AM

This year’s IACCM Americas conference confirmed the speed with which contract and commercial management are transforming as business disciplines and in the value they are providing. Conference sessions were full of ideas, examples and case studies. Here are just a few of the take-aways that we captured during the closing presentation.

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Topics: contract /commercial management

Let’s turn back the clock …

Posted by Tim Cummins

Sep 28, 2016 4:02:23 AM

There are few better ways to establish irrelevance than to be a barrier to change. Could this be the fate awaiting many business negotiators and contract managers, if they continue their reluctance to embrace technology?

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Topics: negotiation, contract /commercial management, contracting excellence

The good, the bad …. and the future

Posted by Tim Cummins

Sep 28, 2016 3:44:04 AM

Is it really 17 years?

This week I was taken by surprise when messages of congratulation started flooding in. They were a reminder that it is 17 years since IACCM was incorporated, with a mission to put contract and commercial management ‘on the map’.

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Topics: contract /commercial management, contracting excellence, performance management

The role of contracts in delivering sustainability

Posted by Tim Cummins

Sep 6, 2016 5:15:21 AM

Sustainability and ‘corporate social responsibility’ are the new, fourth dimension of supplier selection criteria (the other three being price, quality and time).

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Topics: contract /commercial management, contracting excellence

Change management: it’s a question of attitude

Posted by Tim Cummins

Sep 6, 2016 5:10:04 AM

The need to manage change is becoming more probable and more frequent. Markets, customers, regulators – it is a challenge for business today to remain competitive and to remain compliant. And that situation is often made worse by the extent to which we depend on our external trading partners to facilitate (or even originate) that change.

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Topics: contract /commercial management, performance management

About the Author


iaccm-team-tin-cummins


Tim Cummins

In his role as CEO of IACCM, Tim works with leading corporations, public and academic bodies, supporting executive awareness and understanding of the role that procurement, contracting and relationship management increasingly play in 21st century business performance and public policy.
 

Does Commitment Matter To You?

Commitment Matters is the personal blog of Tim Cummins, the Founder and CEO of IACCM. If you are a committed contracting professional and want to develop your skills and network, take a look at what IACCM has to offer.
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