How Do You Manage Renewals and Renegotiations Efficiently?
Quick answer
Handle renewals on schedule, not at the last minute. Track when each contract ends, review the creator's recent performance before deciding, then negotiate from data, what they delivered against what they cost. Renew the proven ones, renegotiate the borderline, drop the fading. Efficiency comes from deciding on evidence, ahead of time.
Our renewals all happen in the last week of a contract under time pressure. How do you manage renewals and renegotiations efficiently?