Contracting in the New Economy (eBook, PDF)

Contracting in the New Economy (eBook, PDF)

Using Relational Contracts to Boost Trust and Collaboration in Strategic Business Relationships

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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 th...

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