For the most part the economics of outsourcing series has examined the big thinkers in economics who have influenced the development of modern outsourcing. Today I’ll put the focus on Joseph E. Stiglitz, whose work has the power to influence how companies think about globalization. Joseph E. Stiglitz, a professor at Columbia University, received the [...]
Win-win thinking is not just something nice to say. It’s smart business and really is beautiful… In the article “All in the Game,” lead researcher Kate Vitasek explains why smart companies are challenging winner-takes-all approaches and are going all in to win-win approaches.
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 [...]
Lead researcher Kate Vitasek takes an interesting look into her first “Big Thinker” and the father of modern economics – Adam Smith. In her article titled “Adam Smith and Outsourcing”, Kate explains what Adam Smith can tell us about outsourcing.
Negotiation is on my mind a lot lately as I finish The Vested Outsourcing Manual with three colleagues and friends. It also apparently is much on the mind of Tim Cummins in his excellent “Commitment Matters” blog, where he writes about the “economics of negotiation” and the “purpose of negotiation.” It’s on my mind because [...]
Most – OK many – of us can remember when there was no Internet, when email was a clunky toy for a few that could never revolutionize communication, when computers were huge, slow and really annoying, when wireless was just another word for radio, when a phone sat on a table, hung on a wall [...]
