Questioning (unquestionably) plays a big role in society. Socrates believed that questions, not answers, drive thinking, and law students have paid the price ever since! The scientific method is premised, in part, on asking one or more questions before searching for scientific answers. Philosophers question the very meaning of existence. And with the internet, you can find answers to almost any question, from how to defrost meat to how long the average penny lasts.Read More
Bold predictions for the future have long captured American imaginations, and there’s no shortage of people willing to share their opinions, especially at this time of year. Serious prognostications are needed to help formulate future strategies in government, business, education, and other endeavors. On the other hand, some predictions are less earnest, designed to entertain or excite the imagination.Read More
Have you ever wondered about all the belongings you actually lose over a lifetime? When was the last time you saw that brown bomber jacket or prom photos from 12th grade, for example? After all, we do seem to have quite a lot of “stuff” to keep up with.Read More
Some people might view a discussion of the insurance industry as the perfect antidote for insomnia – but not us. While we appreciate that reading and enjoying an insurance policy from cover to cover might be an acquired taste, all forms of contracting give us cause for excitement. Plus, it would be a huge mistake for anyone to overlook the insurance industry’s importance to and corresponding influence on the American economy.Read More
Just mentioning the words “hospitality industry” brings a smile to the average person’s face. Of course, those of us who do not work in the sector tend to see visions of palm trees, blue oceans, majestic mountains, relaxation, and delicious and savory meals (although we concede you may have thought about a boring training seminar with rubbery chicken in a faraway but un-glamorous place).Read More
There’s no disputing that technology has evolved at an accelerated rate over the last several decades. In fact, some technologies seem to be eclipsed almost as soon as they are created. In other instances, two or more technologies compete and one wins out.
Woodrow Wilson once said, “If you want to make enemies, try to change something.” While we don’t want you making enemies, we all know that without change, there cannot be meaningful growth. In fact, business enterprises constantly spend precious financial and human resources in the search for improved processes designed to accomplish the company’s objectives.
Some years ago, the concept of contract management could be summed up quite simply. For some, it meant little more than compiling and filing paper contracts in the correct cardboard file folder in a metal filing cabinet. But as time has marched on, technology has improved, and business principles associated with the contract management profession have evolved. In fact, with all of the powerful tools now available, it is an exciting time for contract managers. In this article, we’ll discuss some of the most prominent recent contract management trends.
An often-repeated statement in business and in life is: “Don’t sweat the small stuff.” Interestingly, this saying is popular with all types of managers and across most industries (OK, maybe bomb makers and nuclear engineers should sweat the small stuff.)