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The place of contract in organizational awareness: deconstructing process, market and connectedness

Scott, Susan V. and Paris, Carolyn (2010) The place of contract in organizational awareness: deconstructing process, market and connectedness. Working paper series, 179. Information Systems Group, London School of Economics and Political Science, London, UK.

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Abstract

Throughout modern business history, contract has been used as an organizational technology that holds counterparties in formal or legally binding agreements. The proliferation of contract prompted the emergence of professional contract managers who played an important but relatively peripheral role applying situations awareness to the practice of compliance and business relationship management. As more complex organizational forms emerge (outsourcing, supply chains and enterprise IS), contract has come to be seen as a standard coordination device whose foundational assumptions are taken for granted. In this study, we draw attention to two different ways of designing the organizational technology of contract: a process-oriented approach and a market-based valuation of contract. Both approaches promise to provide management information by offering a form of calculability but we argue distort organizational awareness. Our conclusion is that a more developed notion of organizational awareness is needed supported by an alternative conceptualization of contract as a technology or connectedness.

Item Type: Monograph (Working Paper)
Official URL: http://www.lse.ac.uk/collections/informationSystem...
Additional Information: © 2009 The authors
Library of Congress subject classification: T Technology > T Technology (General)
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Journal of Economic Literature Classification System: G - Financial Economics > G1 - General Financial Markets > G10 - General
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes
Sets: Research centres and groups > Information Systems and Innovation Group
Departments > Management
Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Research centres and groups > Centre for Analysis of Risk and Regulation (CARR)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: 179
Date Deposited: 15 Jan 2010 15:34
URL: http://eprints.lse.ac.uk/26700/

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