Description
Learn how to shift the focus from allocating risks, blame and costs to an approach of mitigating and preventing the purchasing contract dispute.Corporations and public sector entities experience a common flaw in their contracts. The contracting language assumes that a problem will arise, and the parties focus on contract language which allocate the risks, blame and costs for contractual disputes to the other side. As a result, purchasing contract disputes are handled by most parties as an unpleasant and inevitable moment in their contracting practice. This does not need to be the case. This topic will address how to shift the focus from allocating risks, blame and costs to an approach of mitigating and preventing the purchasing contract dispute. This change in approach generates benefits for both parties in the contract and the reputation for the purchasing contract professional shifts from disabler to enabler of value generation. This approach is not merely an interesting theory. It has found its way into successful purchasing contracts across the globe, across numerous industries.
Date: 2020-09-23 Start Time: End Time:
Learning Objectives