Buyers Do Not Really Want Innovation From Suppliers: I Think I Know Why

Learn about the three assumptions that completely undermine attempts to introduce innovation to the customer-supplier relationship.
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About the Product

Asking your suppliers for innovation—or transformation—is a tall order and few suppliers accept the challenge. I think I know why.

Many customers and their suppliers make only half-hearted attempts at “innovation”. There are “innovation clauses” in contracts, “innovation” segments of sales pitches and QBR reports, and poorly conceived “innovation” proposals from suppliers. But, no actual innovation.

This white paper lays out three assumptions that completely undermine attempts to introduce innovation to the customer-supplier relationship. And, I give you practical, actionable tips to immediately address those assumptions and introduce innovation into your customer-supplier relationship.

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Author

Jeanette Nyden

Negotiation expert training leaders to negotiate complex contracts with nuance, accuracy and confidence.
Since 2003, I’ve been helping contract professionals master the contracting life-cycle from drafting and negotiation to contract management by providing a range of online and in-person training programs. I have a valuable skill set that most organizations desperately need. I am a lawyer who understands business operation needs to form a high...

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What's Included

File Size: 6M
Pages: 9
Language: English
Level: Intermediate
Skills: Collaborative Relationship, Customer-Supplier Relationship, Innovation, Entrepreneurship, Product Extension, Product Management, Product Transformation
Age groups: 18-65 years

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