Historically, organizations used the contract as the primary vehicle for mitigating contract risk. Today's best practice organizations have grasped the opportunity to mitigate risks through improved contracting processes. By evaluating each step of the contract lifecycle, they have identified ways to change their procedures to improve business outcomes and minimize disputes. Learn about what different organizations have uncovered and how you could become more effective at the elimination of risk - and the added value this represents for today's contracts, procurement or legal professional.\r
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Bio's:\r
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Shanti Berggren, Deputy General Cousnel, Optus Business\r
Shanti has had 22 years experience practising law in different roles including litigation, IP and telecomunications. She has worked in Los Angeles, Singapore, and Sydney before returning to Adelaide, South Australia. She is Deputy General Counsel of Optus Business. Her daily practice has a great emphasis on the quasi legal aspect of being an in-house lawyer such as leadership, driving sound commercial outcomes and improvement of both the quality and effficient use of legal services. It is underpinned by her open and regorous analytical style and firm belief in the challenger culture of asking 'why' as a catalyst to find ways to continually improve and as a result provide excellent customer service. \r
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Magdalene Hsia, General Cousnel, Supply Chain - Asia, Africa & Russia, Unilever\r
Magdalene has 20 years of professional experience in a wide variety of work in both private practice and in-house roles. In her current role as General Counsel, Supply Chain in Asia Africa and Russia with Unilever, Magdalene works closely with her business partners to manage transactional risks as well as systems, processes and governance issues. A key trait of Magdalene is her ability to understand the business context, explain and communicate clearly and simply the relevant issues across different cultures, exercise judgment and discretion working with cross-functional stakeholders to deliver solutions that meet the needs of the business and deals effectively with legal and other business risks. She has led key regional and global projects across a variety of scope including business transformation, outsourcing and system and process design and enjoys the challenge of finding solutions that find a good balance between the organizational need for compliance, control and consistency whilst remaining relevant, agile and competitive as a business and responsible corporate citizen in a complex world
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