Companies are increasingly relying on third parties to provide critical services and technology, taking great care and often spending significant sums of money negotiating and preparing these detailed contracts. This creates new challenges for managing these vitally important relationships. Often after a contract is signed, the legal focus ends, putting carefully negotiated and documented rights at risk of not being enforced, or the actual relationship that develops between the customer and service provider may look nothing like what was envisioned when the contract was executed.
Mayer Brown partners Bob Kriss and Brad Peterson discussed how to avoid potential governance hot spots by building certain provisions into your contact as well as practical day-to-day advice for good governance once the ink is dry. Topics covered included:
- Why is a strong governance model critical to a successful sourcing relationship?
- What should a “good” governance model look like?
- How do you achieve the desired state of good governance?
- What are some practical applications of governance post contract signature?
To listen to, or download a recording of the webinar, please visit the event website.