Risk Management Contract

Libby Weber: The Importance of Framing Your Contracts

Posted: 03/23/2020 - 01:48
Preventive Contract Framing

Libby Weber - Associate Professor of Strategy at The Paul Merage School of Business, University of California, Irvine - promotes a way of thinking about contracts beyond their traditional “preventive” role of avoiding risk, preventing breaches or opportunistic behavior.

Her premise? Why not use contracts to promote cooperation, flexibility, and creativity?

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