Name: See Radiant Law’s activity on LinkedIn
Uploaded: 2024-12-10T08:25:24.470Z
Duration: 33 s
Channel: Radiant Law
Description: The 6th WorldCC Pitfall in Contracting is insufficient flexibility and governance in contracting. This is hard to get right if we don't trust the people who will be running the contract. A contract should be a minimum viable trust-building tool to get a relationship going. Your best gift to the future is a simple framework, that is easy to change, and nudges relationship-building governance.

Radiant Law reposted this

Alex Hamilton

CEO of Radiant Law and author of SIGN HERE: the enterprise guide to closing contracts quickly

The 6th WorldCC Pitfall in Contracting is insufficient flexibility and governance in contracting. This is hard to get right if we don't trust the people who will be running the contract. A contract should be a minimum viable trust-building tool to get a relationship going. Your best gift to the future is a simple framework, that is easy to change, and nudges relationship-building governance.

Transcript

Are your contracts too rigid seat? The 6th world CC pitfall in contracting is insufficient governance and flexibility in contracts. And I think this is important to recognise that contracts, the important ones at least, are all about relationships. And we need to find a balance between, on the one hand, making it easy for the business to make changes. Basically treat them like grown-ups, not children. But on the other hand, if you can nudge them towards a little bit of governance and doing the right thing, that's going to help too. Relationships are always gonna be messy. We can definitely make our contract much easier to manage.

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