I think Manuel “Matty” Moroun, the billionaire owner of Detroit’s Ambassador Bridge, might be wishing that he used the Vested approach for his Detroit bridge as he was sentenced to jail time for missing deadlines on a construction project. The Moroun case involves a dispute between Michigan’s Department of Transportation and the Detroit International Bridge [...]
It’s safe to say that the late Steve Jobs revolutionized computing along with the business of making, selling and shipping computers. Jobs was the mastermind behind revolutionary technology products just as the technology age we are currently living in got its start. It is almost like the old chicken and egg question because it’s difficult [...]
Wayne Dyer, widely known for his new-agey and somewhat metaphysical teachings on self-development, is also known as the “father of motivation.” In a very real sense this highly aphoristic spiritual guru and author of more than 30 books has a lot to say about the business and outsourcing mindset. Much of what Dyer says boils [...]
Business happening is making headlines with HP. The computer and IT giant’s share price has plummeted after announcing it would exit the PC and tablet computer business. The company’s rationale: Ability to improve focus on higher-margin cloud and business software solutions “with an emphasis on enterprise, commercial and government markets.” Exiting the PC market is [...]
The fifth academic in her series “The Academics of Outsourcing”, lead researcher Kate Vitasek highlights the accomplishments of Robert Solow and how his work impacts outsourcing. Kate explains it all in her article “Robert Solow: innovation, technology – and math! – make all the difference.”
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
