Blogs

The final step in the 7E Model for Excellence is Engage. Engagement is the glue that holds all the other steps together. It emphasizes the importance of continuous communication, collaboration, and commitment from all stakeholders. Without engagement, even the best-laid plans can falter …

With a clear vision, goals, and standards in place, the next step in the 7E Model for Excellence is to Execute your plan. Execution is where all the groundwork laid in the previous steps comes to fruition. This phase is about putting your plans into action, turning vision into reality …

This blog delves into the first step of the 7E Model for Excellence — Envision. This critical phase involves shaping your vision, setting clear objectives, and determining the necessary preconditions. By laying a strong foundation here, you set the stage for every subsequent action …

No matter how different organizations may be, they have one thing in common. They were all established to give substance to a mission and a vision. Contract management plays a major role in realizing these goals …

Excellence is not a destination but an ongoing journey. The Enhance phase of the 7E Model focuses on Continuous Improvement. This phase ensures that your best practices evolve over time, adapting to new challenges and opportunities. Enhancement is about refining your standards …

After envisioning your future and exploring the landscape, the next critical step in the 7E Model for Excellence is to Establish your best practices by setting clear, understandable standards. Establishing these standards ensures that your vision is translated into concrete guidelines that can be applied consistently …

This blog introduces the 7E Model for Excellence — a comprehensive framework designed to help you identify, implement and sustain best practices in contract and commercial management. By following this structured approach, you’ll be equipped with actionable steps …

Effective contract management ensures that the contract realizes the intended objectives, for the correct compensation, with acceptable risks, and with the efforts planned by the organization. Efficient contract management aims to achieve …

After executing your plan, the next step in the 7E Model for Excellence is to Evaluate the results. Evaluation is a critical phase that allows you to measure success, understand what worked, and identify areas for improvement. By systematically evaluating your performance, you can …

This blog explores the second step of the 7E Model for Excellence — Explore. After envisioning your future and setting your goals, the next crucial phase is to explore the landscape, gather insights, assess risks and identify opportunities.  And analyze the information that will inform your path forward …

In order to manage contracts successfully, the organization’s management needs to make certain choices. These choices relate to different areas and various levels within the organization. The success of contract management depends on three factors …