We all talk about the need for innovation to energize, grow and add continuous value to outsourcing relationships. Innovation is easier said than done however, and a recent article by Stephanie Overby in CIO magazine underscores this. A survey of European CIOs found that 67 percent of IT leaders rely on outsource providers to turn […]
innovation
Vesting and Investing in Shared Capitalism
When is executive compensation enough? When do executive salaries and bonuses actually hurt the best of interests of a company? Given the history of compensation over the several decades, the answer from the executive suite would of course be “Never!” But another view is emerging, as highlighted by Vivek Wadhwa in a viewpoint column last […]
Connect With Your Service Provider to Develop and Create Value
How does a company maintain and expand its core competence in the face of rapidly changing technologies, increasing competition and shrinking R&D budgets? The short answer is to forge a Vested Outsourcing relationship with a service provider that will add innovation and value over the long haul. That thought came to mind as I read […]
Achieving Agility through the Vested Model
Last time I talked about an overused buzzword in business and outsourcing, collaboration, and how Vested Outsourcing takes it from overuse to useful. So while that memory and momentum is still fresh, another oft-used term for this occasional series is “agility.” While most every company prides itself on its agility in reacting to the vagaries […]
Bridging the Gap with Incentives
An old saying goes, “Money talks, nobody walks.” In the case of the St. Anthony Falls Bridge rebuild project in Minneapolis, the saying could go something like, “Incentives drive performance, everybody soon resumes driving.” The Minnesota bridge project case is a powerful example showing that a collaborative, innovative—and incentivized!—approach to solving difficult problems will most […]
Collaborate – and Innovate – or Else!
Collaboration and innovation are essential pillars of Vested Outsourcing; they are more than just lip service and group hugs, however. Collaboration requires attitudes, strategies and structures that encourage and reward effective innovation. By the same token innovation requires a high degree of innovative collaboration. Some recent posts from the Horses for Sources blog/website underscore this […]
Citizen Times, June 2010
Western Carolina University Professor Hollye Moss recently reviewed “Vested Outsourcing: Five Rules That Will Transform Outsourcing.” Professor Moss described the books as “well-written, easy to read, and thought-provoking. It just may change the way you do business.” in her her review titled “How To Outsource Your Business To Success.”
What Watt Tells Us about Vested Outsourcing
James Watt, the Scottish inventor, mechanical engineer and inventor of the steam engine, has a place secure in history as a prime force behind the Industrial Revolution. Obviously his invention was not the sole factor for the rise of the Industrial Revolution, nor was he alone in translating his game-changing idea to reality. In fact, […]
