Facing increased complexity and market volatility, executive management needs new and improved sources of business information and control. A well-designed contracting process offers the solution, as well as unleashing substantial improvements to the bottom-line.\r
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This paper briefly describes the forces that are driving 'contracting competence' and provides a summary status of current strengths and weaknesses in contract management process and skills. It is based on a survey undertaken by the International Association for Contract & Commercial Management (IACCM) in October 2014, drawing on input from more than 300 international corporations and public sector organizations.
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