Nothing can ever fully insulate a business from “vicarious liability” lawsuits—which can bring a company to its knees in quick order—but a Vested partnership with a shipper, supplier, 3PL or transportation provider will go a long way to avoiding those kinds of issues. TranzAct Inside, a group that provides valuable information and research on transportation […]
From the Blog
Putting Some Vested Skin in the Game
In a Vested partnership it’s important for the company and the service provider to have what I often call “skin in the game,” or basically a commitment to making the deal work by putting their money and resources where their mouth is. A real-world example of this idea was on display in the case of […]
Alignment Gives You a Head Start to Vested
Alignment is key in Vested Outsourcing. Companies like Jaguar and Unipart showed the importance of properly aligning when they created a shared vision more than a decade ago: it catapulted them to the top of the JD Powers charts. And when I read through an excellent eyefortransport report on outsourcing logistics strategy I am reminded […]
A Vested Vision for Procurement
Ariba’s recent Vision 2020 report on the future of procurement has a remarkably Vested outlook on collaboration. The company, a leading provider of business commerce solutions, presents a bold view of the state of procurement in the future, asserting that the procurement function “as you know it will no longer exist in 2020.” In 2020, […]
Taking Sustainable Development to the Next Level
Companies are poised to break through to the next level of sustainability this year, according to Dan Probst, chairman of Energy and Sustainability Services at the real estate services firm, Jones Lang LaSalle. In a recent article he identified four sustainability trends to watch that will help make it happen. Those trends include transparency, global […]
Shoot for Trust, Not Trustiness!
A recent post from one of my favorite writers and bloggers, Seth Godin, talks about “trustiness,” or the idea that simply sounding like you or your company has a commitment to trust is just as good as actually instilling a true ecosystem of trust. It’s a bow to Stephen Colbert’s famous take on “truthiness,” or […]
Two Years On: Happy Birthday Vested!
Throughout the evolution of our initial research that started in 2004, leading experts and innovators have contributed to the development of Vested principles and the Vested business model for adoption in nearly every industry and business function. We’ve come to create somewhat of a “movement” as the idea expands. As we conducted our research, it […]
Vesting Will Keep You Out of Jail!
I think Manuel “Matty” Moroun, the billionaire owner of Detroit’s Ambassador Bridge, might be wishing that he used the Vested approach for his Detroit bridge as he was sentenced to jail time for missing deadlines on a construction project. The Moroun case involves a dispute between Michigan’s Department of Transportation and the Detroit International Bridge […]
Dispute Resolution: Mini-Trial or Big Headache?
The Institute for Supply Management’s “Term of the Day” feature recently addressed a contract dispute resolution procedure known as the mini-trial, which immediately got me thinking about the Vested approach to resolving differences between companies and their service providers. According to ISM, a mini-trial is a contract dispute resolution process “in which each party, usually […]
Kudos to Srini Krishna, a Unique Outsourcing Expert!
The posts on this blog are always fun to do and, I hope, informative and instructive. Occasionally I have the pleasure and honor to report on real-life achievements in the world of Vested Outsourcing, and this is one of those times. Srini Krishna, Director, Finance Operations, Global Vendor Management, Microsoft Finance, recently received the Shared […]
