Strategic Contracts: Clearly Defined and Measurable Desired Outcomes The next in Kate Vitasek’s series on the Five Rules/Ten Elements published by ISM. Vested’s Rule No. 3 for creating a Vested agreement directs the parties to clearly define and measure their desired outcomes. There are two contractual aspects when it comes to how an organization should […]
ISM
Inside Supply Management Weekly — 14 January 2019
Focusing on Shared Vision and Statement of Intent The first of a series of articles on the Vested Five Rules and the 10 Elements by Kate Vitasek published 14 January in Inside Supply Management Weekly. Here is the link: http://ismmagazine.org/focusing-on-shared-vision-and-statement-of-intent/
ISM Weekly — 26 November 2018
Implementing a Successful Supplier Sourcing Contract Article by Kate Vitasek published by Inside Supply Management Weekly on 26 November 2018. Some sourcing business deals are simple to negotiate, especially when they are basic transactional deals, such as for office supplies. Other more strategic sourcing contracts might go through difficult and lengthy RFP processes… Here is […]
ISM Magazine — June 2017
The Evolution of the Vested Business Model Article by Kate Vitasek in the 12 June 2017 edition of ISM Magazine Here are the links to applicable pages: http://www.ismmagazine-digital.com/ismmagazine/june_july_2017?pg=1#pg1 http://www.ismmagazine-digital.com/ismmagazine/june_july_2017?pg=34#pg34 http://www.ismmagazine-digital.com/ismmagazine/june_july_2017?pg=36#pg36
Dispute Resolution: Mini-Trial or Big Headache?
The Institute for Supply Management’s “Term of the Day” feature recently addressed a contract dispute resolution procedure known as the mini-trial, which immediately got me thinking about the Vested approach to resolving differences between companies and their service providers. According to ISM, a mini-trial is a contract dispute resolution process “in which each party, usually […]
