Abusive Compliance Practices Hurt Retailers And Their Vendors Vendor compliance programs have become a major roadblock to retail store success… Article by Kate Vitasek published in Forbes on 18 June 2019. Here is the link: https://bit.ly/2KtlXah
collaboration
Contract Management Magazine — 1 June 2019
THE EVOLUTION OF THE VESTED BUSINESS MODEL: FROM RESEARCH TO A METHODOLOGY TO A MOVEMENT Article by Kate Vitasek published 1 June 2019 in Contract Management Magazine. Here is the link: https://www.ncmahq.org/news/magazine-details/the-evolution-of-the-vested-business-model-from-research-to-a-methodology-to-a-movement
Avoiding the Death Spiral
Many procurement organizations don’t realize they are in a virtual death spiral when it comes to cost-cutting. Procurement organizations that constantly demand lower and lower costs (often having a metric known as Purchase Price Variance) often find themselves in a painful death spiral with the companies’ supplier relationships. When a company gets in a tit-for-tat clash […]
Forbes — 26 March 2019 — Southwest Airlines cultural fit
Cultural Fit Key For Southwest Airlines Employees And Suppliers Post by Kate Vitasek published in Forbes on 26 March 2019 Southwest Airlines is renowned for its unique people-centric culture and customer experience, with the key words including fun, casual and hip. So, when the airline wanted to imbue its online career site with those same aspects […]
Contract Management Magazine — March 2019
Reviewing RFx Bidding Methods: Which Ones are Right for You? Article by Kate Vitasek published March 2019 in Contract Management Magazine Every day, companies use well-known, “tried and true” competitive bidding methods to choose their suppliers. Most common, of course, is the request for proposals (RFP)—also commonly referred to as a request for tender or invitation […]
Intelligent Sourcing — 7 March 2019
Modeling the Change: Sourcing as an Evolving System. Article by Kate Vitasek published in the Spring 2019 issue of Intelligent Sourcing Research at the University of Tennessee is helping sourcing professionals put logic around when and how to use different sourcing business models for different situations… Here is the link to the Intelligent Sourcing site: http://www.intelligentsourcing.net/spring-issue-2019-innovation-are-you-making-a-difference/
Thought Leadership Leverage — 20 March 2019 Podcast
Leveraging Thought Leadership With Peter Winick – Episode 99 – Kate Vitasek Podcast featuring Kate Vitasek. Kate shares how to make a win-win licensing model and why the standard agreement might not be what you need. Along with Peter they share interesting ways to scale your content, how to make sure your spend time on […]
Forbes — 5 March 2019 — RelianceCM
Succeeding With Compatibility, Transparency And Trust In High Tech Article by Kate Vitasek published In Forbes on 5 March 2019 High tech contract manufacturing is a booming business that reaches more than $1 billion in revenues per year. Is it possible for small businesses to compete and thrive against the big Chinese companies?… Here’s the […]
George Akerlof and the Lemon Problem
George Akerlof put math behind the concept of the “lemon problem” in his classic 1970 article, Akerlof (with Michael Spence and Joseph Stiglitz) received the 2001 Nobel Prize for their analyses of markets with asymmetric information. This YouTube video explains the lemon problem in an easy to understand two-minute clip. In a nutshell, there are honest sellers and dishonest sellers (e.g. those selling […]
A New Day, A New Way for Island Health and Hospitalists
Our latest case study relates the extraordinary and inspiring journey of the Victoria Island Health Authority and their Hospitalists as they used the Vested model to transform their troubled labor relationship into a highly collaborative one. Most on the team have called the shift to transformational. Some go so far to say it was more like […]
