• Skip to primary navigation
  • Skip to main content

Vested

Based on research with…

HASLAM College of Business. The university of Tennessee, Knoxville
  • Home
  • What Is Vested?
    • Vested FAQ’s
    • The Story of the Vested Movement
    • About the Vested Faculty
  • Books
  • Blog
  • Speaking
  • Resources
    • Books
    • Vested Courses
    • Vested White Paper and Case Study Library
    • Workshops
    • Assessments
    • Vested Toolkit
    • Vested Certified Deal Architects
    • Vested Centers of Excellence Coaching and Consulting
  • Toolkit
  • Courses
    • Overview of Vested Courses
    • Online Courses
    • On Site Courses
    • Certified Deal Architect Program
    • Courseware FAQ
  • Login

Agreements Need Champions

September 17, 2014 by Kate Vitasek

Charon_Robert RaganPaul V. Weinstein’s recent post on the HBR Blog Network underscores the importance of having a deal “champion” to guide companies to a successful and lasting result.

He invokes Greek mythology as an example: Charon, the ferryman who guides souls across the river Styx to the Underworld. Those who do not use his services are forced to wander the shores—lost for a hundred years.

“Dealmakers who try to ‘go it alone’ can expect to suffer a similar fate,” Weinstein writes. “Closing a major deal with a Fortune 2000 company is seldom straightforward. Large organizations are so complicated and diffuse that frequently even the people working there are unclear about what is required to make something of consequence happen. Without a guide, time and effort are squandered and the deal goes nowhere.”

While I’m not sure I’d go so far as to say that negotiating a deal is like being lost in the Underworld, the point is well-taken: without a neutral third party, such as a Vested Certified Deal Architect, a complex, strategic deal can run into deep and dangerous waters before it gets properly started.

Weinstein boils down a deal champion’s objectives to five key features: innovation, advantage, advance, respect and order. To that list, I’d add collaboration, trust and a firm grounding in a what’s-in-it-for-we mindset!

Actually, Weinstein’s insights prompted my real purpose in writing this post—simply to give heartfelt thanks all of those that have carried the Vested torch in piloting the WIIFWe mindset: they are true champions because they are striving to change business relationships, their industries and their companies!

Get Your Free Copy of THE VESTED WAY

Image: Charon by Robert Ragan via Flickr CC

Related posts:

  • Innovation Should Include the Business Model
  • Gaming with Game Theory
  • Taking Stock of Getting to We
  • Open Innovation and Knowing Too Much

Filed Under: From the Blog Tagged With: Certified Deal Architect, Champions, HBR Blog Network, Kate Vitasek, Vested, WIIFWe

Vested 411

  • What is Vested
  • Vested FAQ's
  • Vested Faculty

Support

  • Technical Support

Join the Movement

  • Courses
  • Books
  • Speaking

Resources

  • Assessments
  • Books
  • Case Studies
  • White Papers
  • Toolkit
  • Centers of Excellence

Media

  • Contact

Privacy Policy

  • Privacy Policy
11410 NE 124th St. #311 Kirkland, WA 98034
Ph 762-475-8378
[email protected]
Vested

© 2025 Vested Outsourcing Inc. All Rights Reserved.