While self-assessments can be a valuable resource, many organizations like the peace of mind that comes with knowing they’re constructing relationships aimed at preventing as many of the 10 Ailments as possible. A Deal Review offers organizations and their business partners (e.g., a buyer and supplier) an expert, neutral third-party review of your relationship by.
A Deal Review is a comprehensive formal review of your contract and your relationship across the following dimensions:
- Ailments – Are either of the parties demonstrating signs of any of the 10 Ailments, if applicable?
- Elements – How well is your contract structured? Have you included the 10 essential Elements in your agreement? If these Elements are not in your contract are you at least adopting them informally (such as having a shared vision and key governance mechanisms
- Trust – Is there sufficient trust between the parties to make the relationship work? Stakeholders from each party will participate in an anonymous Compatibility and Trust Assessment.
A Deal Review concludes with an on-site facilitated workshop to share insights and opportunities that can help you improve your deal and relationship, including a road mapping session on next steps.