We're bigger fans of prose here than fancy-schmancy consulting graphics. Even though many of us have had past careers as consultants, sometimes we think that people use pictures to tell words because they'd rather hide behind visual takeaways and storylines than go into the weeds at the level necessary to really educate, influence and inform.
But this afternoon, we've decided to do away with the usual expository analysis and go back to diagrams. We actually think this one says a lot and will get you thinking in new ways. It's from a webinar that Peter Smith and I did together on contract management recently. We encourage you to think about how good contract management can save bad procurement (but how the inverse is not possible).
Why is Contract Management Important?
Source: Peter Smith, Spend Matters UK/Europe