Derek Empie: What are the biggest challenges you’ve come up against when trying to gain organization buy-in for contract lifecycle management?
Derek Empie discusses the challenges in securing organization buy-in for contract lifecycle management in healthcare. Resistance to change is a major hurdle, but with effective communication and leadership support, it can be managed. Highlighting risk assessment and financial stewardship are key components for successful implementation.
This story was produced through MarketScale. See how Healthcare teams put it to work with Executive Thought Leadership.
Promoted content from Ntracts on MarketScale.
Key takeaways
Organizational resistance is a major challenge in contract management.
Effective communication about risk and financial benefits is critical.
Executive leadership support is essential for successful implementation.
Derek Empie discusses that the primary hurdle in contract lifecycle management implementation is changing the organization’s mindset. People resist change, but effective communication about the reasons behind it, emphasizing risk assessment and financial stewardship, can foster understanding. Gaining executive leadership support is also crucial for a smoother transition.
The primary hurdle in contract lifecycle management implementation is changing the organization’s mindset.
Part of this channel
Ntracts
Contract lifecycle management built for the complexity of healthcare.
About the author
