As founder and president of the International Association for Contract and Commercial Management (IACCM), Leeds University Professor Tim Cummins is at the forefront in researching trading relationships and practices globally. A worldwide membership of 70,000 draws on IACCM studies and educational programs to improve commercial and contracting policies, processes and skills at many of the largest international corporations and public sector agencies. Tim’s work is globally recognized, earning the 2019 Financial Times ‘Market Shaper’ award for his pioneering of data-based, industry-wide standards for contract management.
Cummins envisions a world in which trading relationships consistently deliver both economic and social benefits. In recognition of the growing expectation for businesses to serve a purpose other than profit, he sees the need for a fundamental shift in contracting practices and attitudes. This includes a review of today’s working and organisational models, which have traditionally been based on a high level of physical interaction and manual activities. Contracts and the contracting process are arguably the least digitised activities in modern business.
Prior to founding IACCM, Cummins led work to develop global commercial processes at IBM. His career included management roles in banking, automotive and aerospace industries, where he led negotiations up to $1.5 billion in value. He has served in advisory roles for various government departments, including the US, UK, Australian, Canadian, and Japanese governments.