Terminating an Engagement
Everything (good and bad) sooner or later comes to the end. The project finishes, funds are no longer available, a merger with a competitor changed the product portfolio, or you just can’t stand your vendor anymore. The decision may come in large letters written on the wall or in the small print of an email, and whether it feels right or wrong, it means that it’s time to terminate the engagement.
Let’s first discuss a case when the relationships with your vendors are in great shape, their deliveries have been consistently good, and you don’t have any vendor-induced reasons for a termination.
Perhaps the project is over and no new initiatives are in sight, or maybe the corporate situation has changed ...