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This Skill Bit shows that strategic commercial management requires a clear view of your business environment. Frameworks like SWOT, Porter’s Five Forces, BCG Matrix, PESTEL Analysis, and the Balanced Scorecard offer valuable tools to analyze your industry, identify opportunities & threats, and translate strategy into action. Duration approx. 3 Min. Tier: advanced
This Skill Bit shows that strategic thinking is a key leadership skill for business success. It involves analyzing the big picture, identifying opportunities, anticipating challenges, shaping the future, and questioning traditional approaches. Strategic thinkers are open to exploring new possibilities to achieve long-term goals and gain a competitive edge. Duration approx. 4 Min. Tier: advanced
This Skill Bit shows that Strategic Commercial Management is a systematic approach to business success. It involves analyzing markets, developing winning strategies, allocating resources wisely, tracking performance, and managing risks. This cyclical process ensures businesses stay competitive and achieve long-term growth. Duration approx. 6 Min. Tier: advanced
In this episode of “IAX World of Contracts,” we explore the high-profile legal battle between Qatar Airways and Airbus over the Airbus A350 aircraft. This case focuses on the dispute surrounding the aircraft’s surface paint, which Qatar Airways claimed compromised the safety of the plane’s lightning protection system. Airbus countered that the issue was purely…
In this episode of “IAX World of Contracts,” we uncover the dramatic trade dispute between two aviation giants, Bombardier and Boeing. This episode offers a deep dive into the 2017 legal battle over Bombardier’s CSeries jets, which Boeing accused of being sold at unfairly low prices in the U.S., thanks to government subsidies. Initially, this…
This episode of “iax World of Contracts” delves into the intricacies of awareness notifications in construction contracts. Through a detailed case study featuring Apex Construction and the City of Eldridge, listeners will gain insights into the practical steps required to trigger remedies when unforeseen issues disrupt contractual performance. Covering topics such as timely notifications, supporting…
In this episode of “IAX World of Contracts,” we explore the collapse of Alitalia and the rise of ITA Airways, focusing on the critical role of contract management. The episode highlights how poorly structured government bailout agreements, rigid labor contracts, and mismanaged debt restructuring contributed to Alitalia’s downfall. We also discuss how ITA Airways was…
In this episode of “IAX World of Contracts,” we explore the 2020 bankruptcy protection of Virgin Australia during the COVID-19 pandemic. Facing billions in debt, the airline entered voluntary administration and was eventually purchased by Bain Capital. This episode examines the legal and contractual challenges involved in renegotiating creditor agreements, restructuring debts, and managing layoffs,…
This episode of “iax World of Contracts” delves into the critical topic of stakeholder agreements. Through a comprehensive case study featuring EcoCity Developments and its revitalization project, listeners will learn about the key components of these agreements, including roles, communication commitments, and dispute resolution mechanisms. Covering practical strategies for managing stakeholder engagement and addressing challenges,…
In this episode of “IAX World of Contracts,” we explore the landmark case of Hong Kong Fir Shipping Co Ltd v. Kawasaki Kisen Kaisha Ltd (1962). This case introduced the concept of innominate terms, allowing courts to evaluate the severity of a breach before determining whether termination is justified. The episode is a deep dive…
In this episode of The World of Contracts, we delve into the commodatum contract from Roman law, which governs the loan of an item for specific use. Through a case study involving the misuse of a borrowed horse, we examine the borrower’s duty to use the property as agreed and the consequences when those duties…
In this episode of “IAX World of Contracts,” we explore the famous case of Hadley v. Baxendale (1854), which established the rule of foreseeability in contract law. This case introduced the principle that a party can only recover damages that were foreseeable at the time the contract was made. The episode provides a deep dive…
