WHERE DO YOU RANK? WHAT DO YOU REALLY WANT & NEED?
There is no "right" answer, just a best possible answer. "Not Applicable" is not the right answer. Will the contractor prioritize your needs first? Will it meet your expectations? How do you ladder out your needs with requirements of performance and accountability? What would the lender say? What flex can you tolerate in the deal? How much flexibility will changing market, commercial, logistical,technological or legal conditions require? Think through your alternatives.
Assess, reassess and assess your situation again. Don't make assumptions. Know what you need and what you need to know. Act smart .
If you are dealing with "issues," look ahead to fend off the alternate worst case scenarios. They won't happen just by your thinking about them, and you do need to examine them to decide how your tolerances, costs and benefits balance and how you can make the best decisions and take the best actions.
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ETHICAL STRATEGIES:
EVERYBODY'S GOT AN ANGLE
Ok, it's a jungle out there and you can get lost, as much unable to see the trees for the forest as the forest for the trees. You have to plan your tactics strategically, but now more than ever you have to keep your mind on the ethics, your own and the other guy's.
When the competition is all about money and capturing value for your own, it is easy to lose track of which other values have to fit in.Taking only the highest money path can cost you in the end. It can cost you happy integration. It can cost you today's contract, tomorrow's merger, the day after tomorrow's IPO, or tomorrow. When it all gets too convoluted, let's talk.
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