Is a final draft one or the other?

In negotiations, it is common to work through several drafts before you get to the final draft, which is submitted to the higher-ups for final approval.

So the question came up whether you can have 6 weeks of paid family leave. One party’s higher-ups approved a final draft that included a provision including the leave.  The other party’s negotiators says the provision was left in due to clerical error.

Is this an information governance/management problem? If so, what practices and procedures do you follow to prevent it in your dealings? Is it enough to have a provision that says “no deal on anything until there’s approval by the higher-ups of a deal on everything”?  How do you deal with the issue if the negotiations continue?

“Fresh Dispute Mars Bay Area Transit Deal,” Wall Street Journal, November 19, 2013 A6


Leave a comment

Filed under Business Case, Content, Controls, Governance, Legal, Operations, Policy, Protect assets, Risk

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s