Value
in Collaborative Relationships: Unity
brings both strength in numbers and a synergistic
effect that creates a new entity that is greater than
the sum of its parts.
By Tim Lloyd & Ben Trowbridge
Q:-
Collaborative relationships - what truly determines
a win/win deal and how does a combined relationship
stand the test of time?
TL:-
In my experience, a win/win deal is the result of
an open and honest sourcing process where both parties
have established a fair and equitable relationship
with full disclosure of material facts on both sides.
Q:-
With so many recent mergers in the outsourcing industry,
why do you think organizations are choosing to collaborate
and what impact will this ultimately create within
the industry for both the buyer and provider?
BT:- Forward
thinking companies have caught on to the toxic contract
syndrome that results from an arms-length “procurement”
process that lacks a balance of adequate interaction
with the prospective provider combined with a cost-only,
government-like RFP process that focuses on constrained
bidding structures and lowest possible price.More