Contract Management Library

17 Apr 2012 | Viewed 399 times

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ATE - Innovation & Contracting: don't let your contracts stifle value

Author: Kevin McFarthing (MD, Innovation Fixer)

This one hour webinar is designed to review the contracting process and decisive moments when decisions and actions frustrate innovation. How do we make its importance clear to suppliers? How do suppliers illustrate their capabilities? What selection criteria are used and what opportunities might they lose? What contract terms and structure then undermine the right motivations and conversations for innovation? Who manages the contract relationship and what conversations does this enable? Are we designing for innovation or for other values?

Our Expert will discuss 3 levels:

1) Is best practice to specifically include, enable and incent innovation as part of the contract (selection, negotiation, terms and management): or
2) Is innovation something that gets disabled by the wrong sort of contract / terms: or
3) Is innovation completely independent of the contract - it just happens or doesn't happen no matter what contract terms or procedures we have in place?

Our Expert:

Kevin McFarthing (MD, Innovation Fixer)

Kevin is an innovation specialist with over twenty-five years of senior executive experience. He was Global Director of Strategic Alliances at Reckitt Benckiser, and prior to that Global Director of R&D for Health & Personal Care.

He now runs the Innovation Fixer consultancy, working with companies to improve the effectiveness and efficiency of their innovation programmes, with particular emphasis on Open Innovation, Alliance Strategy and Product Development.

You can find more details at www.innovationfixer.com.

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