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Why is this global online course important?

Very senior executives offer their opinions on why contract management is important.

Why is contract management important to business?

The leadership team from World Commerce & Contracting, along with other senior executives, give insights into why this course is important, and why reflecting on effective contract management is essential to business.

Watch the video here to see what they have to say.

World Commerce & Contracting – why is this course important?

A transcript of the video is available at the bottom of this step.

Why this course was created

The University of Southampton and World Commerce & Contracting (WorldCC), formerly the International Association of Contract and Commercial Management (IACCM), were approached by the UK government (Crown Commercial Service & Civil Service Learning) to design and deliver a course that focuses on how to build successful customer-supplier partner relationships in business.

The late Sir Jeremy Heywood, former Head of the UK Civil Service thought that a global course like this is important as there is a real benefit in civil servants learning alongside people from different sectors where they can identify best practice and learn how other organisations tackle similar challenges.

Important note: in September 2020, the IACCM became World Commerce & Contracting. We have updated the course to reflect this change. If you spot any mentions of the IACCM please let us know!

Who is this course for?

We’ve designed this course for anyone who wants to better understand what is involved in commercial business relationships, and the process of managing contractual agreements.

Whilst it is suitable for those working in the public, private and third sectors it may also be useful for those considering a new career, who would like to add to their skill set or who are simply curious.

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Share your response in the discussion area. Have a look at other learners’ comments. If you can relate to a comment someone else has made, why not ‘Like’ it or leave a reply? You can filter comments by ‘Following’, ‘Most liked’ and ‘Your comments’.

If you want to see recent activity on the course, click the Activity icon at the top of the step. If you’re following someone, you can filter this list to show the comments of people you’re following, or see if anyone has replied to a comment you’ve made.

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© University of Southampton
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Contract Management: Building Relationships in Business

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