Trust Revisited

Two months ago, I wrote that you can’t write trust into an agreement.  I explained why, but I didn’t go on to discuss how you could create trust between the parties.

Today, the folks over at E-Sourcing Forum provide a few good ideas.  Learn them well, grasshopper.

The Licensing Handbook Blog is the companion site to the Software Licensing Handbook. Covering licensing topics on a regular basis, Jeffrey Gordon attempts to offer advice, add humor and sometimes even a bit of wit to a practice that most people find abhorrent – namely, reading a contract from start to finish.

Comments

2 Responses to “Trust Revisited”

  1. D. C. Toedt on July 6th, 2009 2:11 pm

    What you _can_ do is try to build activities and processes into the contract that, over time, generate trust as a byproduct. Toward that end, in many of my contracts I’ve been including a provision requiring periodic status conferences:

    “(1) Each party will participate in conferences, by phone or in person, to review status and assumptions and to plan future actions, every X months or as reasonably requested by either party. (2) The parties anticipate that the agenda for such conferences will typically include, as appropriate and without limitation: • progress made; • problems encountered or anticipated; • plans for future action; and • assumptions being made. (3) Unless otherwise agreed, [Party X] will prepare and circulate a brief set of minutes summarizing (i) any decisions made, and, to aid in tracking, (ii) any action items assigned to specific individuals or parties.”

  2. D. C. Toedt on July 6th, 2009 2:14 pm

    PS: As you might imagine, sales guys usually are not averse to the idea of required periodic status conferences with customers.

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