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11 Jan 2013

Outcome-based contracting

I believe one of the key trends this year will be a growing focus on outcome-based contracting. There are already clear signs of this - for example, in the last week there was an article in the Wall Street Journal quoting the CEO of Novartis, who sees this as a key trend in the pharmaceuticals industry. In the UK, the Government has announced a new wave of outcome-based outsourcing contracts to support improvement in the criminal justice system. Across the professional services community, there is ever-increasing discussion about shifting from traditional hourly rates to payment based on outcomes.


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