1. Carefully study the HBR article by Frydlinger et al. (2019), "A New Approach to Contracts." Extract and share 6-10 key insights that you learned from this article in the format of helpful tips or brief guidelines for managers.

2. Conduct research to find a famous case where a contract failed and harmed a company significantly. Analyze what went wrong and offer some corresponding mitigation strategies.

Note: Please post your original response by Wednesday and respond to at least 2 peers by Sunday. In addition, follow APA guidelines and cite at least 1 resource to support your discussions; be sure to include a reference section at the end of your post.