Slide chart in the Governance Agreement

Aug 6th, 2022
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How to slide chart in the Governance Agreement

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when it comes to Arms manufacturing the US has more than a bit of historical form over the course of two World Wars the immense productive capacity of the United States earned a reputation as the so-called arsenal of democracy and over the course of the Cold War that followed the defense industrial base would evolve and innovate as part of a broader competitive arms race against the Soviet Union but after the war came down things began to change the defense industrial base contracted and settled into New Missions and a world where great power competition and attritional conventional War fighting was hopefully a thing of the past unfortunately February 2022 demonstrated they absolutely werent leaving the US and its allies to look for ways to reinvigorate their defense industrial production to meet the challenges of this new reality earlier this year we found out how the US plans to do it with the release of the National Defense industrial strategy it was a 59-page blueprint aiming to a

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Corporate governance is the system of rules, practices and processes by which a company is directed and controlled. Corporate Governance refers to the way in which companies are governed and to what purpose. It identifies who has power and accountability, and who makes decisions.
Contract governance is how organizations manage their contractual relationships through policies, procedures, and tools. It covers everything from drafting to monitoring a contracts lifecycle. By practicing effective contract governance, all parties involved in a contract understand their rights and responsibilities.
A successful contract governance framework enables legal teams and organizations by establishing clear roles and responsibilities, standardizing procedures, ensuring regular contract monitoring and tracking, and leveraging technology for greater efficiency.
While there are many components of contract management, the process can be broken down into five stages: creation, collaboration, signing, tracking and renewal. Each stage contains important steps to ensure adequate contract management, from creation to approval to, eventually, renewal.
The purpose of contract governance is to mitigate risks, ensure performance, and maintain strong relationships with counterparties. Without contract governance, businesses can find themselves faced with unmet obligations, contract value leakage, and legal implications.
GOOD CONTRACT GOVERNANCE IS ABOUT THE DELIVERY OF BUSINESS BENEFITS, WELL MANAGED SERVICES, AND A STRONG CUSTOMER-SUPPLIER RELATIONSHIP. ON THE OTHER HAND, POOR CONTRACT GOVERNANCE, OFTEN RESULTS IN POOR SERVICE DELIVERY TO THE CUSTOMER AND AN UNPROFITABLE CONTRACT TO THE SUPPLIER.

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