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What Contract Governance Is

HOW IT WORKS AND WHY

Optimal organisational performance for service providers and purchasers requires successful management of contractual relationships. This requires a professional contract goverance model applicable across a broad range of contract relationships.
 
Organisational management theory and practice has not produced such a model. The Burke Four Pillars Model of Contract Governance™ is designed to fill this important gap in management thinking.

 

   

The benefits of this contract governance model include:

  • One contract governance model for service provider and purchaser
  • Lower transaction costs in contract relationships for both parties
  • Better contract and organisational performance
  • Integration of contract governance with organisational governance
  • Identification of the skills, tools and systems required for contract governance
  • Emphasis on co-operative behaviour and how to achieve it in contract relationships
  • Emphasis on interests (not legal rights) driven model for negotiation in contract disputes
  • Improves organisational governance
 
      
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