Acquisition Talk cover image

Programmed to Fail - 10. Culture

Acquisition Talk

00:00

Rickover's Relational Contracts

A quick phone call could initiate major undefinitized efforts. Contractors would get started on significant work at their own risk, trusting Rickover to come through with the funding. In return for what could be considered backroom dealings, Rickover expected a high degree of transparency from his contractors. Relational contracts can only persist so long as there is trust between parties.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app