Relational Contracting On The Rise With The Success Of The Australian Navy Article by Kate Vitasek published by Forbes on 30 November 2016. Relational contracting is back in fashion, marked recently by the Australian Navy’s innovative approach for incorporating a relational contract that led to their winning the International Association of Contracting and Commercial Management […]
What do the 2016 Nobel Prize winners in economics teach us about Vested and alternative Sourcing Business Models? – Pt. 2
This post was written by David Frydlinger, Kate Vitasek and Henrik Järleskog. When Oliver Hart and Bengt Holmström won the Nobel prize in economics last week, many Vested followers reached out asking the question, “How does their research align with the What’s in it for We (WIIFWe) mindset and approaches of the Vested sourcing […]
What do the 2016 Nobel Prize winners in economics teach us about Vested and alternative Sourcing Business Models? – Pt 1
This post was written by David Frydlinger, Kate Vitasek and Henrik Järleskog. On October 10th we learned that the 2016 Nobel Prize in economic science was awarded to professors Bengt Holmström (MIT) and Oliver Hart (Harvard) for their work in contract theory. This Nobel Prize is of great practical importance in daily business. For […]
Forbes — 26 September 2016 — Guardrails
Flip Your Negotiation On Its Head: Demand ‘Guardrails’ Upfront Articles by Kate Vitasek published by Forbes on 26 September 2016. How often does this scenario occur during contract negotiations? The parties are inches away from closing the deal or signing the contract when the legal and/or financial department jumps into the fray. You are in […]
Outsource Talks webinar — August 2016
Walking in a webinar wonderland… Jamie Liddell: “Another month, another great Outsource Talks webinar… This week it was my profound pleasure and privilege to welcome Vested’s Kate Vitasek, KPMG’s Don Ryan and ‘Art of Procurement’ host Phil Ideson to the Outsource Talks sofa, where the hour fairly flew by in a wonderful discussion of sourcing […]
Contract Management Magazine — July 2016
FINDING THE RIGHT SOURCING BUSINESS MODEL Article by Kate Vitasek in the July 2016 edition of Contract Management Here’s the link to the magazine page (sign-up required): http://www.ncmahq.org/stay-informed/contract-management-magazine/contract-management-magazine—issue-detail/july-2016
Art of Procurement – Podcast – July 2016
The Art, Science and Practice of Crafting Strategic Supplier Relationships, w/ Kate Vitasek Art of Procurement podcast with Kate Vitasek on 25 July 2016. Think of the handful of supplier agreements that you have that are fundamental to your business operations and strategy. How many of your most material supplier relationships are based on leverage, […]
Outsource Magazine — July 2016
Horacio Falcao and the value of value negotiation Article by Kate Vitasek published In Outsource Magazine on 14 July 2016 Professor Horacio Falcão, a Senior Affiliate Professor of Decision Sciences at INSEAD, warns companies should not start – nor necessarily end – on “price” when it comes to negotiations… Here’s the link: http://outsourcemag.com/horacio-falcao-and-the-value-of-value-negotiation/#!
Forbes — 14 July 2016 — Brexit
Brexit: Supplier Allies, Not Adversaries, Will Help You Weather The Storm Kate Vitasek’s Forbes column published 14 July 2016. Procurement and contracting communities are buzzing after Brexit, trying to calm nerves on the impact of Brexit. Most agree one thing is fairly certain; regulatory regimes and trade agreements will have to be closely monitored to […]
Outsource Magazine — July 2016
Europe is in turmoil after Great Britain’s vote to leave the European Union. Those who now claim to know what will happen now – in outsourcing or in other area – will make two big mistakes: First, they will show that they don’t understand what Brexit is. Brexit is, to use the words of author Nassim Nicholas Taleb, a “black swan”: an unexpected event with largely unforeseeable consequences, just like 9/11 or the Lehman Brothers bankruptcy filing. Second, they will simply be wrong.
