Libby Weber – Associate Professor at the University of California, Irvine – promotes a way of thinking about contracts beyond their traditional “preventive” role of avoiding risk, preventing breaches or opportunistic behavior. Her premise? Why not use contracts to promote cooperation, flexibility, and creativity?
Media
Art of Procurement: Unpacking The Standing Neutral W/ Kate Vitasek
Philip Ideson podcast with Kate Vitasek on 17 February 2020 “In these complex deals, change is the norm and it’s very easy to get out of alignment as new players come in town. So we have to keep the relationship and the contract in continual alignment with everyone’s interests.” Here is the link: https://artofprocurement.com/episode302/
SCB 8 Feb: Organizations Must Improve Talent Development for Procurement
In a business environment driven by high customer expectations for speed and quality, increasing volatility and risk, and market interconnectedness, best-in-class procurement is a significant competitive differentiator.
Walmart Canada And DLT Labs Launch World’s Largest Industrial Blockchain Application — Forbes
Published in Forbes online by Kate Vitasek on 31 Jan. 2020. Here is the link: https://tinyurl.com/u5gpq9v
APQC Report: Companies’ Procurement Skills Woefully Lacking
Article by Kate Vitasek published 10 Dec. 2019 in Forbes. Here is the link: https://www.forbes.com/sites/katevitasek/2019/12/10/apqc-report-companies-procurement-skills-woefully-lacking/#6c63883e79ed
Speaker.com: Podcast 51 – Vested Outsourcing Applied to Purchase Services – Interview with Kate Vitasek
Kate Vitasek on the Healthcare Supply Chain Best Practices Podcast Here is the URL: https://www.spreaker.com/user/10962649/podcast-51-vested-outsourcing-applied-to
“V for Vested!” — Oct. 2019 Public Sector Catering
Cover story titled, “What’s in it for we?” published in Public Sector Catering magazine. The article is based on a speech by Kate Vitasek. Here is the link: https://secure.viewer.zmags.com/publication/ccdad62b#/ccdad62b/18
Forbes — 22 Sept. — Guiding Principles
Follow Guiding Principles To A Successful Contract Article by Kate Vitasek published 22 Sept. in Forbes. A National Bureau of Economic Research paper highlights new research on how to overcome contractual incompleteness. Traditional contracting approaches have inherent flaws and a “new approach” that embeds informal social norms formally into a contract can help parties mitigate opportunistic behaviors, […]
Forbes — 8 September — UK-Bates
UK Court Says Post Office Agreements Are Relational Contracts Article by Kate Vitasek published 8 September 2019 in Forbes. Here is the link.
HBR IdeaCast — 3 September
The Inherent Failures of Long-Term Contracts — and How to Fix Them HBR IdeaCast interview with Oliver Hart and Kate Vitasek on 3 Sept. 2019. Here is the link: https://hbr.org/ideacast/2019/09/the-inherent-failures-of-long-term-contracts-and-how-to-fix-them.html
