Business happening is making headlines with HP. The computer and IT giant’s share price has plummeted after announcing it would exit the PC and tablet computer business. The company’s rationale: Ability to improve focus on higher-margin cloud and business software solutions “with an emphasis on enterprise, commercial and government markets.” Exiting the PC market is […]
governance
Beware the Scope Nazi!
Flexibility and insight when it comes to statements of work and workscope changes—and the dreaded “scope-creep!”—is necessary when crafting a properly governed and collaborative Vested Outsourcing agreement. This was brought home to me recently by Jack Everett, president – CEO at Triad Logistics Partners, LLC, who related the story of how he became known as […]
Outsourcing: Collaboration is More Than a State of Mind
The true test of collaboration occurs when you really have to collaborate, say during a crisis or when the powers that be ask you to do more or to do something radically different. In short collaboration is a nice word but it’s only truly effective and real when what you’re collaborating on is difficult, uncomfortable […]
Going Beyond the Handshake
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 […]
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, […]
Even Some Big Guys Need a Lesson in Vesting
When a manufacturer suffers recurring production delays due to parts shortages along its supply chain it’s a big problem. When this happens to a company like Boeing, which is trying to launch a major new product – the 787 Dreamliner – it reveals a costly and endemic problem that can verge on disaster. Randy Tinseth, […]
