A Short Guide to Contract Risk

A Short Guide to Contract Risk PDF Author: Helena Haapio
Publisher: Gower Publishing, Ltd.
ISBN: 140944886X
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
Savvy managers use contracts proactively to reach their business goals and minimize their risks. To succeed, these managers need a plan/framework and A Short Guide to Contract Risk provides this. It introduces the notion of contract literacy: a set of skills relevant for all who deal with contracts in their business environment. Arguing that contracts are too important to be left to lawyers alone, this short guide describes lean contracting, visualization and a number of easy-to-use tools that enable managers and lawyers to better understand each others' viewpoints and manage contract risks and opportunities. What makes this short guide from the authors of the acclaimed Proactive Law for Managers especially valuable, if not unique, is its down-to-earth managerial/legal approach. It is about understanding and using legally sound contracts as managerial tools for well thought-out, realistic risk allocation in business deals and relationships.

A Short Guide to Contract Risk

A Short Guide to Contract Risk PDF Author: Helena Haapio
Publisher: Routledge
ISBN: 1351961845
Category : Law
Languages : en
Pages : 149

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Book Description
Savvy managers no longer look at contracting processes and documents reactively but use them proactively to reach their business goals and minimize their risks. To succeed, these managers need a framework and A Short Guide to Contract Risk provides this. The foundation of identifying and managing contract risk is what the authors call Contract Literacy: a set of skills relevant for all who deal with contracts in their everyday business environment, ranging from general managers and CEOs to sales, procurement and project professionals and risk managers. Contracts play a major role in business success. Contracts govern companies' deals and relationships with their suppliers and customers. They impact future rights, cash flows, costs, earnings, and risks. A company's contract portfolio may be subject to greater losses than anyone realizes. Still the greatest risk in business is not taking any risks. Equipped with the concepts described in this book, business and risk managers can start to see contracts differently and to use them to find and achieve the right balance for business success and problem prevention. What makes this short guide from the authors of the acclaimed Proactive Law for Managers especially valuable, if not unique, is its down-to-earth managerial/legal approach. Using lean contracting, visualization and the tools introduced in this book, managers and lawyers can achieve legally sound contracts that function as managerial tools for well thought-out, realistic risk allocation in business deals and relationships.

A Short Guide to Procurement Risk

A Short Guide to Procurement Risk PDF Author: Richard Russill
Publisher: Routledge
ISBN: 1351961608
Category : Business & Economics
Languages : en
Pages : 93

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Book Description
Increasingly, top executives view supply markets as sources of competitive advantage and as means of achieving strategic objectives. Procurement is the management activity that makes this happen, and this process depends on a superior risk management capability if it is be effective. Yet, despite its importance, Procurement Risk Management is surprisingly under-developed. Recent Global Risk surveys have pinpointed Supply Chain Vulnerability as one of the four key global risks for the next decade. What is less well known is that this is only half of the story ... risk exposures also exist inside the company and can be just as damaging. No company is an island; it needs suppliers as well as customers. Conventional wisdom puts great emphasis on managing certain aspects of business such as customers; operations; strategy and finances. Typically, however, much less regard is paid to external suppliers and the risks present in dealing with them. As a minimum, suppliers are the sources of materials, services and expert attention which enable the company to feed its business model. When done well, a risk-aware procurement process provides the bonus of competitive advantage, with the ability to capitalise, on the occurrence of unexpected events. This short guide explains just how to do it. Each chapter explores the topic in hand, outlines the risks and the remedies available and offers guidance on the principles and risk prevention.

A Short Guide to Political Risk

A Short Guide to Political Risk PDF Author: Robert McKellar
Publisher: Routledge
ISBN: 1351961632
Category : Political Science
Languages : en
Pages : 195

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Book Description
In a competitive and increasingly internationalised business world, many companies rely on the high risk/reward ratio of operating in unstable areas. Those companies willing to engage in emerging or developing countries can often be exposed to a politically volatile environment over which they have little control. Political risk, therefore, is one of the most hazardous challenges that an international business can face. In A Short Guide to Political Risk you will find a business-centric introduction to political risk that will familiarise international managers with the concept and accelerate the learning curve towards proficient and coherent political risk management. Robert McKellar explores: the key political risks that companies have faced in the recent past, and current trends in the evolution of the political risk landscape; the concept of political risk and its constituent elements; models and approaches for assessing political risk; the principal options for managing political risk, and suggestions for organisational structures to ensure a coherent and consistent approach; as well as wider issues that a company needs to consider in developing its own attitude and philosophy on political risk. A Short Guide to Political Risk is an essential introductory guide for risk managers and for all senior managers concerned with their organisation's global performance and reputation.

The Contract Guide

The Contract Guide PDF Author: Sheila A. Dixon
Publisher: Dpic Companies
ISBN: 9780932056061
Category : Architects
Languages : en
Pages : 354

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Book Description


The Legal Risk Management Handbook

The Legal Risk Management Handbook PDF Author: Matthew Whalley
Publisher: Kogan Page Publishers
ISBN: 0749477989
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
Legal risk covers all areas of business where regulation and the law impact on operations and decisions. From risks arising from contract drafting and management, through to regulators' new focus on conduct, as well as compliance, regulatory and dispute risks, the effective management of legal risk is key for organizations that want to maximise value while minimizing cost and exposure to legal losses. The Legal Risk Management Handbook is a practical guide to making sure your business is legal, protected and making the most of its opportunities. Written by experts in law and risk management, this highly practical guide sets out a clear definition for legal risk and a framework for its management. Covering the full spectrum of legal risks that international businesses can face, it translates legal concepts into clear mitigatory actions. Whether you are an in-house lawyer needing a clear approach to managing risk in your areas of influence, or a member of the risk management function needing a jargon-free guide to your company's legal responsibilities, you will find authoritative insight and guidance. Containing case studies from international businesses and real-life insights from those at the coal-face of legal risk management, The Legal Risk Management Handbook is essential reading for everyone who needs a better understanding of this important business topic. Now includes online resources: author-recorded lectures that align with the book and the Legal Risk Management course at Texas A&M School of Law, U.S.

Engineering Construction Risks

Engineering Construction Risks PDF Author: Peter Allan Thompson
Publisher: Thomas Telford
ISBN: 9780727716651
Category : Business & Economics
Languages : en
Pages : 86

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Book Description
Risk analysis and management - an overview. When to apply risk management. Quantitative techniques for project risk analysis. Risk in estimating. Contract stategy...

A/e ProNet's Risk Management & Contract Guide for Design Professionals

A/e ProNet's Risk Management & Contract Guide for Design Professionals PDF Author: J. Kent Holland
Publisher:
ISBN: 9780972315821
Category : Construction contracts
Languages : en
Pages : 284

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Book Description


A Short Guide to Operational Risk

A Short Guide to Operational Risk PDF Author: David Tattam
Publisher: Routledge
ISBN: 9781138465619
Category : Operational risk
Languages : en
Pages : 0

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Book Description
Provides you with a basic yet comprehensive overview of the nature of operational risk in organizations. This book introduces operational risk as a component of enterprise wide risk management and takes the reader through the processes of identifying, assessing, quantifying and managing operational risk.

Transaction Risk

Transaction Risk PDF Author: Robert J. Spjut
Publisher:
ISBN: 9781641051927
Category :
Languages : en
Pages :

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Book Description
Using his extensive knowledge of the law and contracts, veteran attorney R.J. Spjut provides a valuable framework for identifying risks in most transactions and the contractual terms and conditions used to allocate and manage those risks. Unlike other texts in this area, Transaction Risk provides a systematic description of transaction risks and the applicable contractual terms that are used to manage them. According to Spjut, "I started to think about how you would teach young associates about transaction risk. I would sit in meetings and wonder if anyone knows what they're talking about when discussing risk." This is the answer to that question, a useful introduction for the newer attorney as well as a resource for the more seasoned practitioner.

The Government Subcontractor's Guide to Terms and Conditions

The Government Subcontractor's Guide to Terms and Conditions PDF Author: Kenneth R. Segel
Publisher: Berrett-Koehler Publishers
ISBN: 1523096152
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
Navigating Contract Terms and Conditions Just Got Easier! Organizations are at risk when contract terms and conditions are not fully understood. The Government Subcontractor's Guide to Terms and Conditions quickly guides you through the process of reviewing and negotiating contracts, identifying terms and conditions of concern, and mitigating potential risks. Author Kenneth Segel has tapped over 20 years of contract experience to write a handbook that walks even the most junior contracts administrator through the daunting task of reviewing and negotiating a government contractor's terms and conditions. This critical resource will help you • Determine what specific terms and conditions to address • Distinguish between a favorable and an unfavorable provision • Address potentially damaging provisions • Understand the potential economic impact of indemnification provisions • Apply risk management to address indemnification provisions The Government Subcontractor's Guide to Terms and Conditions will guide you through the inevitable challenges of the negotiation process. Put this updated resource to work in your organization today!