A Prescription for Collaborative Healthcare Outsourcing Article by Kate Vitasek in the October issue of Contract Management magazine. Here’s the link to the magazine page (sign-up required): http://tinyurl.com/hnaoq2y
Kate Vitasek
Forbes — November 2016 — Relational contracting
Relational Contracting On The Rise With The Success Of The Australian Navy Article by Kate Vitasek published by Forbes on 30 November 2016. Relational contracting is back in fashion, marked recently by the Australian Navy’s innovative approach for incorporating a relational contract that led to their winning the International Association of Contracting and Commercial Management […]
Master Services Agreement? Or Master-Slave Agreement?
Master Services Agreements: love ‘em? hate ‘em? The intent of an MSA is a good thing as it helps foster a more strategic relationship by typically creating a contracting vehicle where additional work can be flexibly added. In short, it sets out the legal “rules” of the relationship. However (and unfortunately) all too often the road […]
The Power of Ts and Cs – Squared
At the International Association for Contract and Commercial Management (IACCM) conference last week a speaker mentioned that the contracting community needs to rethink standard contract Terms and Conditions—or Ts and Cs. He challenged the group think about “squaring” them to include Trust and Collaboration, as in T2 and C2. Why? Because contracting remains stuck in the […]
Relational Contracting: Overcoming the Paradox
Wait! What is that you ask? The latest white paper from the University of Tennessee, the International Association for Contract and Commercial Management (IACCM) and Lindahl Law Firm explains why relational contracting is necessary to get past this paradox. What exactly is the “contracting paradox?” In the just-released white paper, “Unpacking Relational Contracts: The Practitioner’s […]
What do the 2016 Nobel Prize winners in economics teach us about Vested and alternative Sourcing Business Models? – Pt. 2
This post was written by David Frydlinger, Kate Vitasek and Henrik Järleskog. When Oliver Hart and Bengt Holmström won the Nobel prize in economics last week, many Vested followers reached out asking the question, “How does their research align with the What’s in it for We (WIIFWe) mindset and approaches of the Vested sourcing […]
What do the 2016 Nobel Prize winners in economics teach us about Vested and alternative Sourcing Business Models? – Pt 1
This post was written by David Frydlinger, Kate Vitasek and Henrik Järleskog. On October 10th we learned that the 2016 Nobel Prize in economic science was awarded to professors Bengt Holmström (MIT) and Oliver Hart (Harvard) for their work in contract theory. This Nobel Prize is of great practical importance in daily business. For […]
Huge Welcome to SIREAS, the Newest Vested Center of Excellence (CoE)!
I’d like to formally welcome SIREAS as our latest Vested Center of Excellence! SIREAS announced the official debut as a Center of Excellence in a Business Wire press release Monday. SIREAS is corporate real estate (CRE) and outsourcing management consulting firm. SIREAS’ leadership includes visionary EMS and HIPEROS founder Michele Flynn as Executive Chairman and President, and CEO Ingrid […]
Forbes — 26 September 2016 — Guardrails
Flip Your Negotiation On Its Head: Demand ‘Guardrails’ Upfront Articles by Kate Vitasek published by Forbes on 26 September 2016. How often does this scenario occur during contract negotiations? The parties are inches away from closing the deal or signing the contract when the legal and/or financial department jumps into the fray. You are in […]
The Flip Side of Brexit?
What’s happening as a result of Brexit is an evolving—disrupted!—UK and EU marketplace.
