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You're having trouble with your contract management team. How can you build a better relationship?

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Contract management is a vital skill for any business that deals with complex agreements, legal obligations, and multiple stakeholders. However, it can also be a source of frustration, conflict, and misunderstanding if your contract management team is not working well together. How can you build a better relationship with your contract management team and improve your performance, efficiency, and satisfaction? Here are some tips to help you.

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???? Vital Andrade ?

Gerente de Contratos | DOX Planejamento, Gest?o e Desenvolvimento Imobiliário

1 Communicate clearly and frequently

Communication is the key to any successful team, especially in contract management. You need to share information, expectations, feedback, and updates with your team regularly and transparently. Use the appropriate channels and tools, such as email, phone, video conferencing, or contract management software, to communicate effectively and avoid confusion. Make sure you listen to your team members, acknowledge their contributions, and address their concerns. Communication also helps you build trust and rapport with your team, which is essential for collaboration and teamwork.

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???? Vital Andrade ?

Gerente de Contratos | DOX Planejamento, Gest?o e Desenvolvimento Imobiliário
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Tenho como importante na comunica??o com a equipe: Realize reuni?es regulares para discutir o progresso, desafios e novas iniciativas. Mantenha um ambiente aberto para discuss?es e feedback; Estabele?a canais de comunica??o claros, como e-mails, mensagens instantaneas ou plataformas colaborativas, para facilitar a troca de informa??es; Incentive o feedback contínuo, tanto dos gestores para a equipe quanto vice-versa, promovendo a melhoria constante.

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2 Align your goals and priorities

Contract management involves multiple objectives, such as meeting deadlines, ensuring compliance, managing risks, and delivering value. However, not all goals and priorities are equally important or urgent. You need to align your goals and priorities with your team and make sure everyone understands the purpose and scope of each contract. You can use tools such as SMART (specific, measurable, achievable, relevant, and time-bound) criteria to define and communicate your goals and priorities. You can also use tools such as RACI (responsible, accountable, consulted, and informed) matrix to assign roles and responsibilities to your team members.

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???? Vital Andrade ?

Gerente de Contratos | DOX Planejamento, Gest?o e Desenvolvimento Imobiliário
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Metas é bom, mas pode ser o fim. Ent?o considero que: Estabele?a metas claras e alcan?áveis para a equipe de gest?o de contratos, alinhadas aos objetivos organizacionais; Colabore com a equipe para definir e priorizar tarefas, garantindo que todos compreendam as metas e possam focar nas atividades mais críticas; Esteja preparado para ajustar metas conforme necessário, levando em considera??o mudan?as nas prioridades ou no ambiente de negócios.

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3 Provide support and guidance

Contract management can be challenging and stressful, especially when dealing with complex, changing, or uncertain situations. You need to provide support and guidance to your team and help them overcome any difficulties or obstacles. You can do this by offering training, coaching, mentoring, or feedback to your team members. You can also provide them with the necessary resources, tools, or assistance to complete their tasks. Support and guidance not only help your team improve their skills and confidence, but also show your appreciation and recognition.

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4 Encourage collaboration and innovation

Contract management requires creativity and problem-solving skills, as well as cooperation and coordination among team members. You need to encourage collaboration and innovation in your team and foster a culture of learning and improvement. You can do this by creating opportunities for your team to work together, share ideas, learn from each other, and provide feedback. You can also use tools such as brainstorming, prototyping, or testing to generate and evaluate new solutions or approaches. Collaboration and innovation help your team achieve better outcomes and adapt to changing needs.

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5 Celebrate success and learn from failure

Contract management is a dynamic and complex process that involves many variables, risks, and uncertainties. You need to celebrate success and learn from failure in your team and acknowledge their efforts and achievements. You can do this by setting milestones, measuring progress, rewarding performance, or giving recognition. You can also use tools such as debriefing, lessons learned, or feedback to identify what worked well and what can be improved. Celebrating success and learning from failure help your team boost their morale and motivation, as well as enhance their quality and efficiency.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Kishore V

Enabling Global Growth | Interpreting & Developing Legal Frameworks for Business Operations Expansion & Protection | Corporate & Commercial, IPR, AI & Data Privacy, Investment Due Diligence M&A, VC, HF, PIPE, PE |
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1. Proactive Risk Mitigation: Collaborate on identifying potential risks and develop proactive strategies to mitigate them. This demonstrates foresight and a commitment to shared success. 2. Regular Check-Ins: Schedule regular check-in meetings to discuss ongoing projects, address concerns, and provide updates. Consistent communication helps maintain a strong working relationship. 3. Streamlined Processes: Work together to streamline processes and enhance efficiency. Finding ways to simplify workflows can improve overall productivity and satisfaction.

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You're having trouble with your contract management team. How can you build a better relationship?

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2

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1 Communicate clearly and frequently

2 Align your goals and priorities

3 Provide support and guidance

4 Encourage collaboration and innovation

5 Celebrate success and learn from failure

6 Here’s what else to consider

Contract Management

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