Driving Integrity: Relational Contracting On The Rise Article by Kate Vitasek published by Forbes on 20 May 2015. Here’s the link: http://www.forbes.com/sites/katevitasek/2015/05/20/driving-integrity-relational-contracting-on-the-rise/
collaboration
Outsource Magazine — May 2015
Deirdre McCloskey: Are Markets Moral? Column by Kate Vitasek published by Outsource Magazine on 14 May 2015. Economist and philosopher Deirdre McCloskey has some thought-provoking and highly nuanced takes on innovation and ethics in the commercial arena. How about this for starters: capitalism is innovation, in her estimation… Here’s the link: http://outsourcemag.com/deirdre-mccloskey-are-markets-moral/
Coor Service Management — May 2015
“WHAT’S IN IT FOR WE” Article by David Frydlinger published by Coor Service Management on 14 May 2015. Future competitiveness is created through effective collaborations between customer and supplier. Strategic partnerships is gaining an increased significance and old business models will be replaced. The Vested-model is already used successfully in large outsourcing contracts… Here’s the […]
Golden Balls: Taking Advantage of Tit-for-Tat
A few years back I shared a clip from a popular British game show, Golden Balls, which illustrates in an entertaining way game theory and the prisoner’s dilemma. Today I want to share another clip from the same show to explore another aspect of game theory: tit-for-tat. Tit-for-tat is a common term used in game theory. The concept […]
Be the Good Partner
Recently I came across a quote attributed to Eleanor Roosevelt, “If you want a good spouse, then be one.” So true! And it is even more appropriate in our business relationships: If you want to have a good, strategic business partner then show the way by being one yourself. This is easy to say, especially when […]
Blamestorming for Positive Results
We’ve all done our fair share of brainstorming, but have you ever engaged in a robust round of “blamestorming”? Believe it or not there is an art to blamestorming and it’s not what you might think it is, and also not exactly how it’s defined in, for instance, the Urban Dictionary: “Sitting around in a […]
IACCM-Contracting Excellence — March 2015
Your sourcing model can make or break the deal This article by Kate Vitasek appeared in IACCM’s Contracting Excellence magazine on 31 Mar 2015 Whether a company is looking to outsource a non-core function across the street or across an ocean, choosing the right sourcing model is crucial: it will make or break the deal. […]
House of Lies: Is This Any Way to Run a Business?
Well no, but it does make for entertaining, and in a way, thought-provoking television. Showtime’s popular dark comedy, House of Lies, is described as a “subversive, scathing look at a self-loathing management consultant from a top-tier firm.” Marty Kaan (as portrayed by Don Cheadle) and his MBA colleagues at Kaan & Associates charm unsuspecting corporate […]
Forbes — March 2015
Procurement Departments Negotiating ‘Too Aggressively’ Article by Kate Vitasek published by Forbes on 3 March 2015. Link: http://www.forbes.com/sites/katevitasek/2015/03/03/procurement-departments-negotiating-too-aggressively/
Transform SRM into Strategic Relationship Management
In SupplyChainBrain’s 2015 Resource Guide, one of my articles notes that the movement to implement real and lasting collaboration is alive and well in supplier relationship management (SRM). The key point is, how can SRM be truly effective without collaboration that includes processes for transparency and continuous communication, and where suppliers are full partners in managing […]