Strategic Contract Management

Service Description

Overview: In start-ups, effectively managing contracts and negotiations is critical for securing advantageous terms and mitigating risks. This course equips you with the tools and insights needed to develop a strong commercial awareness, enhance your negotiating skills, and manage contracts proficiently. Learn to identify potential risks, understand key contractual terms, and negotiate agreements that support your start-up’s growth and stability. Is it right for me? Ideal for new professionals in commercial departments, project managers, and program managers in start-ups, as well as anyone involved in the contracting process who seeks to deepen their commercial insights and enhance their negotiation skills. What will I learn? -Understand the fundamentals of contracts and the importance of various terms and conditions within a commercial agreement. -Develop strategies to identify and mitigate risks in contracts to protect your start-up’s interests. -Learn negotiation tactics that can lead to more favourable terms, balancing risk and reward effectively. -Gain insights into when and how to involve legal assistance to ensure contract compliance and safeguard against potential liabilities. -Master the art of renegotiating terms to align with changing business needs and market conditions. This course provides essential knowledge and skills for managing commercial relationships in start-ups, ensuring participants can navigate complex negotiations and contracts with confidence and strategic acumen.