When Contracts Become Dependent on Individuals – How to Reduce the Risk
What happens to your company’s contracts when an employee leaves, changes roles or is away for an extended period? In many organisations, important contract information is held by individual employees. Someone knows where a contract is stored, who is responsible for it, when it needs to be renewed or what terms and conditions apply. As long as that person is available, things may work without any problems. But when that person leaves, a risk can quickly arise. When contract information depends on individuals, the business becomes dependent on those individuals too.
















