We recently stirred up some interesting debate over risks and legal contracts, specifically regarding balancing risk and whether or not companies are actually protecting against the right kind of risk (or introducing risk and losing opportunities in the process). But we truly touched a nerve with a post quoting a presentation where a procurement leader [...]

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David Chameli, associate general counsel at Sears, would have won the prize for best presentation title at the IACCM conference last week with his talk, Columbus was wrong, the world is flat - so let’s get to work! Although he touched on many benefits and risks of globalization (a topic he obviously handles daily as [...]

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The panel discussion on Risk Management at IACCM Americas yesterday focused on addressing the threats organizations face in the current economy. But perhaps the most interesting take-away wasn’t that sourcing, procurement and contracts professionals have an increasing role to play in risk management efforts. Instead it was a comment from Mark McDaniel, CPO of Conoco [...]

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Jason Anderman’s presentation at the IACCM Americas show Thursday echoed Nick Cherrone’s recent series on addressing legal spend. Like Nick, Jason thinks most companies are spending far too much on their legal services and that addressing the billable hour - by focusing on alternative billing models geared towards results - is the way to drive [...]

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I am attending the IACCM Americas conference in Orlando today and tomorrow. So far, each speaker and roundtable discussion has focused in one way or another on a common theme - risk. What are the risks in today’s economic climate? How do you uncover them (think preventive medicine rather than an autopsy)? And what process [...]

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