A problem, when managed properly can turn into an advantage. A problematic employee, when managed smartly can turn into an asset. A loss in sales, when managed quickly can be a win. Everything can turn into a positive if management is done properly, and by the right individuals. Management is the process of administering and controlling an organization, individuals, and things. Management can make or break the process hence why giving this role to the right people makes things easier and better.
With this, it is also essential to set things straight and identify roles and responsibilities before going on the process. These things are done through a contract; contracts are legally binding Agreements Between Two or More Parties containing the standard procedures, terms and conditions, requests, and other essential information. Contracts ensure that no one is at the losing end. This document will also protect the stakeholders involved and will higher the chances of success. A contract is also a modest way to communicate concerns on management and the likes.
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