Operational improvement leaders in contract management can teach a lot
Last year the International Association for Contract and Commercial Management or IACCM, an organization which describes itself as a “global forum for innovation in trading relationships and practices” conducted its annual Innovation Awards. The awards program which encourages innovation in both contract and commercial management best practices, recognizes individuals and teams who are raising the profile of contract and commercial capability within their organizations. There are three awards: Operational Improvement Award, Outstanding Service Provider Award and Personal Initiative Award, Program of Visionary Change Award, and Strategic Direction Award. The winner of the Operational Improvement Innovation Award was able to lead the category by being focused on “unlocking existing skills and capability within the organization to achieve contracting excellence.” But what did this actually mean? Well we have broken it down to learn what these leaders got right last year.