I’m sure you have heard of the handshake deal. Some are amazingly successful and long-lasting, but it’s rare that the initial handshake is not followed up with a contract that formalizes the initial meeting of the minds. In a way the handshake is (or should be) a very Vested act, because it implies – if […]
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Connect With Your Service Provider to Develop and Create Value
How does a company maintain and expand its core competence in the face of rapidly changing technologies, increasing competition and shrinking R&D budgets? The short answer is to forge a Vested Outsourcing relationship with a service provider that will add innovation and value over the long haul. That thought came to mind as I read […]
Vested Outsourcing and Defining Governance
Vested Outsourcing’s Rule No. 5 says the governance structure of a Vested agreement or partnership should provide continuing insight, not merely oversight. Obviously it’s really important to have the right governance framework in place to enable the needed insight and to implement the other four rules of Vested Outsourcing. It’s how to achieve an effective, […]
Achieving Agility through the Vested Model
Last time I talked about an overused buzzword in business and outsourcing, collaboration, and how Vested Outsourcing takes it from overuse to useful. So while that memory and momentum is still fresh, another oft-used term for this occasional series is “agility.” While most every company prides itself on its agility in reacting to the vagaries […]
What Does Supply Chain Collaboration Really Mean?
Adrian Gonzalez brings up an interesting point about the multifaceted use and misuse of the word collaboration in a recent Logistics Viewpoints blog entry. He says, and I totally agree, that collaboration is arguably one of the most overused words in supply chain management. (Other overused but often unrealized terms include flexibility, agility, visibility, innovation, […]
Vested Outsourcing Hits the Sweet Spots
Todd Shire, Logistics Sourcing Strategy Manager at Intel, has been a big fan of Vested Outsourcing from day one. He’s been generous with his thoughts and help and his valuable insights were major contributions to the first Vested book, Vested Outsourcing: Five Rules That Will Transform Outsourcing, which was published just over a year ago. […]
Happy Birthday Vested Outsourcing!
Today is very special for Vested Outsourcing: It was exactly one year ago on this date that Vested Outsourcing: Five Rules That Will Transform Outsourcing was published by Palgrave Macmillan. To say that this experience has been a wonderful, exciting and mind-expanding journey is a total understatement and I want to thank everyone who made […]
Shared Value: The Path to Success
The concept of shared value is difficult to understand and implement in a society, economy and business climate where sharing is not necessarily a prime motivation or even much in evidence. In the Vested Outsourcing approach to doing business shared value is an important step on the way to true collaboration and getting to the […]
Vested Outsourcing a Big Part of Mega Tech Success in 2010
I certainly didn’t expect to do a follow-up post on Mega Tech of Oregon’s great Vested story quite so quickly, but sometimes these things just fall in your lap, or maybe the stars are really aligned this month. Anyway, you may recall a post I wrote earlier this month about how Vested Outsourcing is not […]
Negotiation, Economics and Outsourcing
Negotiation is on my mind a lot lately as I finish The Vested Outsourcing Manual with three colleagues and friends. It also apparently is much on the mind of Tim Cummins in his excellent “Commitment Matters” blog, where he writes about the “economics of negotiation” and the “purpose of negotiation.” It’s on my mind because […]
