Article (part 2) by Kate Vitasek in the June 2016 issue of Building Operating Manavgement Procter & Gamble, TD Bank: Vested Outsourcing Success Stories Procter & Gamble has always been at the forefront of innovation. The company took a groundbreaking approach to innovation and collaboration by understanding the power a supplier can bring to the […]
P&G
Innovation: You Don’t Need a Genius
Ok, it sure is nice to have geniuses on hand for your innovation projects and goals, but how often does a genius cross your path? Or work for you? But what’s cool about innovation is that it can come from anywhere and anyone—. I’m sure you’ve heard the old saw about thinking outside the box; […]
Standing on the Shoulders…
Previously I posted on Stephen Johnson’s work about how innovations that are built on slow hunches, serendipity and having an attitude that embraces sliding doors that open new pathways is conducive to driving innovation. These posts brought to mind the evolution of the Vested business model itself and how it relates to a powerful quote […]
Outsource Magazine — July 2014
Avoid Buyer and Seller Remorse: Get What You Pay For Article by Kate Vitasek published 17 July 2014 online and in the magazine’s Summer 2014 digital edition. At some point a buyer and supplier will talk about pricing, maybe not right away – but it’s always the elephant in the room. Pricing is also potentially […]
Leave Space for Serendipity
In a recent post I wrote about Steven Johnson’s insights on innovation in his book, Where Good Ideas Come From: The Natural History of Innovation. I want to narrow in on his chapter on “Serendipity.” In it, Johnson says hunches and dreams have a place in the canon of great ideas and innovation. For example, Johnson […]
Give the Good Idea All the Time Needed
Steven Johnson, in his book Where Good Ideas Come From: The Natural History of Innovation, talks about great ideas such as the pencil, the printing press, Google and the flush toilet and wonders how flashes of innovative brilliance originate. Yes, there’s the proverbial light bulb moment of pure genius, but Johnson is more concerned about […]
Big Data is a Big Trend
In a recent post I touched upon Big Data as a bona-fide, long-term megatrend in the logistics space. Actually it is megatrend in every industry sector. Michael Lewis popularized the concept of using Big Data to create a competitive advantage in the best-selling book (and subsequent movie) Moneyball. We know how Big Data is used […]
Seeking a Long-Term Fix? Try a Partnership
Forever is a really long time, so the notion of FIF, or Fix it Forever, seems impossible, but apparently this could be one of those new business terms that’s coming into vogue now. A good case in point came from a procurement professional from a Fortune 500 company who was brought in solve a “broken” outsourcing […]
IAOP’s P&G Study: Innovation Takes Work, Thought and Partnership!
By now you probably know that P&G’s approach to innovation is very close to my Vested heart – I’ve written extensively about it in books, case studies and blogs. That’s why I’m thrilled to see that others, namely the International Association of Outsourcing Professionals, are also taking notice. Actually IAOP is more than just taking […]
Area Development — December 2013
Vested Outsourcing: How P&G Brought its Focus on Innovation to Facilities Management Article in Area Development online on Dec. 10, 2013 by Kate Vitasek and Joseph Tillman. In a unique arrangement, P&G outsourced its facilities management, along with several other functions, creating a collaborative, win-win relationship with its service providers… Here’s the link for the […]
