How do you take your organization from contract “zero” to contract “hero?” When you’re thinking about approaching the problem of contract management, it helps to look at the problem on a continuum. First, you get your contracts all in one place, then you think about automation, then you begin to introduce opportunities for efficiencies, and finally, when that’s all done, you begin to make contracts a strategic initiative.

This video with Barracuda Networks, Moody’s, and HBR Consulting identifies key steps in maturing contract management for organizations of any size, explores pitfalls that prevent maturation, and discusses processes to aid the maturation of contract management.