EPISODE · May 4, 2023 · 1H 22M
T&M vs outcome-based contracts – what’s best for innovation?
from Conversations. · host Zivio
How and why does innovation happen – how can it be encouraged? With Tom Eveleigh, Strategic Category Manager, Mitie 00:00:00 - Innovation and different contracting models 00:14:20 - Definitions of services 00:22:00 - How does innovation happen between buyer and supplier? 00:28:15 - Exploring the pros and cons of time & materials contracting 00:37:30 - The halfway house been T&M and outcome-based 00:48:20 - Aligning motivational factors during the contracting process 00:51:00 - Contract economics 01:05:00 - Measuring inputs, outputs and outcomes 01:16:30 - Innovation lives in S.P.A.C.E
What this episode covers
How and why does innovation happen – how can it be encouraged? With Tom Eveleigh, Strategic Category Manager, Mitie 00:00:00 - Innovation and different contracting models 00:14:20 - Definitions of services 00:22:00 - How does innovation happen between buyer and supplier? 00:28:15 - Exploring the pros and cons of time & materials contracting 00:37:30 - The halfway house been T&M and outcome-based 00:48:20 - Aligning motivational factors during the contracting process 00:51:00 - Contract economics 01:05:00 - Measuring inputs, outputs and outcomes 01:16:30 - Innovation lives in S.P.A.C.E
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T&M vs outcome-based contracts – what’s best for innovation?
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