Isaac Newton famously said “If I have seen further it is by standing on ye sholders of Giants”. Procurement and Contract Management (P&CM) may not be as complicated as universal Physics but they equally can benefit from the wisdom of great thinkers. A well crafted quote, very much like good storytelling, can elucidate fuzzy concepts. There are many great quotes that seem to crystalise what best P&CM practices look like, however, some of them keep on coming up during our conversations. This is a selection of the ones I think are the most valuable in illuminating what good Procurement and Contract Management is. George Vrakas of george-vrakas.com

1. 10 INSPIRATIONAL QUOTES FOR
SUCCESSFUL PROCUREMENT AND
CONTRACT MANAGEMENT
COMPILED BY GEORGE VRAKAS
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2. "ALL MODELS ARE WRONG BUT
SOME OF THEM ARE USEFUL"
GEORGE BOX (STATISTICIAN)
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3. "'PEOPLE WILL FORGET WHAT YOU SAID,
PEOPLE WILL FORGET WHAT YOU DID.
BUT PEOPLE WILL NEVER FORGET HOW
YOU MADE THEM FEEL”
MAYA ANGELOU (WRITER)
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4. "WE CANNOT SOLVE OUR
PROBLEMS WITH THE SAME
THINKING WE USED WHEN WE
CREATED THEM"
ALBERT EINSTEIN
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5. "OPPORTUNITY ARISES FOR THE
PREPARED MIND"
LOUIS PASTEUR (CHEMIST)
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6. "A JOURNEY OF A THOUSAND MILES
BEGINS WITH A SINGLE STEP"
LAO TZU (PHILOSOPHER)
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7. "FAILING TO PREPARE IS,
GENERALLY SPEAKING, PREPARING
VERY WELL TO DO THE WRONG
THING"
SAM HARRIS (NEUROSCIENTIST)
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8. "THE BEGINNING OF WISDOM IS TO
DEFINE"
ARISTOTLE (PHILOSOPHER)
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9. "WHAT GETS MEASURED, GETS
MANAGED"
PETER DRUCKER
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10. "SIMPLICITY IS THE ULTIMATE
SOPHISTICATION"
LEONARDO DA VINCI
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11. "ONE STANDARD IS WORTH A
THOUSAND COMMITTEE MEETINGS"
DALE DAUTEN
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12. Compiled by George Vrakas
THANK YOU
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