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Image of Contracting in the New Economy

Electronic Resource

Contracting in the New Economy

Frydlinger, David - Personal Name; Vitasek, Kate - Personal Name; Bergman, Jim - Personal Name; Cummins, Tim - Personal Name;

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Today’s business environment is constantly evolving, filled with volatility, uncertainty, complexity and ambiguity and driven by digital transformation, globalization, and the need to creating value through innovation. These shifts demand that organizations view contracting through a different lens. Since it is impossible to predict every what-if scenario in a transactional contract, organizations in strategic and complex partnerships must shift to a mindset of shared goals and objectives built upon a strong foundation of transparency and trust, working together to mitigate risk much better than merely shifting risk to the weaker party.

Contracting in the New Economy helps you to not only develop this mindset – but also offers the practical tools needed to embrace the social side of contracting, enabling your organization to harness the value creating potential of formal relational contracts. Briefly sharing the theoretical foundations that prove relationalcontracting works, it goes well beyond theory by providing powerful examples of relational contracting principles in practice.

In addition, the authors provide a practical and proven approach for helping you to put relational contracting theory into practice for your own relationships. First by providing a framework for approaching any contracting situation and helping organizations finding the best contract model for each situation. And then by sharing five proven steps you can take to create an effective relational contract for you own strategic and complex business relationships.

For anyone involved in developing contracts —lawyers, in-house counsels, contract managers, C-level managers, procurement officers, and so on — this book will empower you to create powerful cooperative alliances that will help you reach —and surpass — your business goals in today’s dynamic new environment.


Availability
Inventory Code Barcode Call Number Location Status
2108000244EB0004983658.7 ConCentral Library (OPAC)Available
Detail Information
Series Title
-
Call Number
658.7 Con
Publisher
Palgrave Macmillan Cham : Palgrave Macmillan Cham., 2021
Collation
xxxvi, 310p.:ill
Language
English
ISBN/ISSN
978-3-030-65099-5
Classification
658.7
Content Type
Ebook
Media Type
-
Carrier Type
online resource
Edition
1
Subject(s)
Management of Supplies
Specific Detail Info
-
Statement of Responsibility
BRF
Other version/related
TitleEditionLanguage
Contracting in the New Economy1en
File Attachment
  • Contracting in the New Economy
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