'The world is held together by innumerable contracts'.
That was an observation of the Nobel committee for economics when making its 2016 award. Add to this the fact that commercial innovation lies at the heart of business and enterprise success and you start to see a rather compelling case for the importance of contracts and commercial management. Indeed, in today's volatile and unpredictable market conditions, they have arguably become a critical competency - not just for the business, but also for its employees.
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