Dear All,
Thanks for all the good work on driving various initiatives especially on Sales n BD/partnership.
Yet, it comes to us that regularly HQ Operation receives/handles many agreements of all sorts (NDA, partnership, reselling, vendor….) from all 12 offices before signing. Yet, we observe that many front line Managers simply route the agreement to HQ Operation team to review making no/little effort to liaise/negotiate/complete the agreement to a stage for management final review/signing.
As a result, it has unnecessary wasted lots of internal manpower and time back-and-forth n delays, especially HQ Operation has no better knowledge of the deal/model than you all in front line nor HQ Operation is supposed to be in a position to “negotiate/best bargain” with the players. In many cases, after the review, quite some findings/changes are found to be very laymen n can be early addressed beforehand.
May we share the following guidance:
a. Country Sales/BD managers to review the related business/sales/partnership agreement, liaise/negotiate/complete the agreement closely with the players and come to a final ready stage for management review/signing. If any doubt especially on any legal wordings/terms that you are not very familiar, may clarify “specifically” with HQ Operation or myself;
b. If necessary, HQ Operation may further seek external regional or local Legal opinion, before agreement is ready for signing;
Hope the above can help to speed up the agreement work process and cut down unnecessary delay / lead time and manpower. Should you have any suggestions/query, please feel free to share.
Dear All,Thanks for all the good work on driving various initiatives especially on Sales n BD/partnership.Yet, it comes to us that regularly HQ Operation receives/handles many agreements of all sorts (NDA, partnership, reselling, vendor….) from all 12 offices before signing. Yet, we observe that many front line Managers simply route the agreement to HQ Operation team to review making no/little effort to liaise/negotiate/complete the agreement to a stage for management final review/signing.As a result, it has unnecessary wasted lots of internal manpower and time back-and-forth n delays, especially HQ Operation has no better knowledge of the deal/model than you all in front line nor HQ Operation is supposed to be in a position to “negotiate/best bargain” with the players. In many cases, after the review, quite some findings/changes are found to be very laymen n can be early addressed beforehand.May we share the following guidance:a. Country Sales/BD managers to review the related business/sales/partnership agreement, liaise/negotiate/complete the agreement closely with the players and come to a final ready stage for management review/signing. If any doubt especially on any legal wordings/terms that you are not very familiar, may clarify “specifically” with HQ Operation or myself;b. If necessary, HQ Operation may further seek external regional or local Legal opinion, before agreement is ready for signing;Hope the above can help to speed up the agreement work process and cut down unnecessary delay / lead time and manpower. Should you have any suggestions/query, please feel free to share.
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