Contracts are entered between customers and service providers. It
is essential for the reputation of the organizations to ensure
effective and timely delivery of products and services.
It is as important to be a good customer as a service provider.
Money should not be the key factor in deciding superiority in
relationship.
Contracts should ensure level playing field for the parties entering
into a contract. Every organization has its strengths and weakness
and would need assistance from external parties to fulfill contract
obligations.
Though it is widely accepted that professional organizations live up
to their reputations, in reality it may not be true 100% of the time.
Therefore, it is essential to have effective contract strategies with
measurable and controllable performance parameters.
It is also important to understand risks of failure and provide
alternatives to mitigate them.
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KrishnaS could assist in:
 | | Understanding the implications of | | | various clauses,
| | | Ensuring contracts include measurable | | | and controllable performance
parameters,
| | | Managing the contract effectively. | | | |
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