Throughout the evolution of our initial research that started in 2004, leading experts and innovators have contributed to the development of Vested principles and the Vested business model for adoption in nearly every industry and business function. We’ve come to create somewhat of a “movement” as the idea expands. As we conducted our research, it [...]
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 [...]
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 [...]
The posts on this blog are always fun to do and, I hope, informative and instructive. Occasionally I have the pleasure and honor to report on real-life achievements in the world of Vested Outsourcing, and this is one of those times. Srini Krishna, Director, Finance Operations, Global Vendor Management, Microsoft Finance, recently received the Shared [...]
This is the time of year for trend lists and predictions. Usually they are mostly wrong or well, predictable. There are some that are worth paying attention to however. One is the International Association of Outsourcing Professionals’ Top Outsourcing Trends for 2012. For instance, IAOP says we should watch out for more M&As and consolidation [...]
UPS loves logistics. And at this time of the year their jingle (sung to the tune of “That’s Amore!”) is really apt — UPSers really have to love their job! They work extended hours seven days a week to make it happen. Warehouses add seasonal workers. Stores open early and close late. Moms are frazzled [...]
You hear a lot about transformation these days – what it is, how to do it and why it is needed to keep ahead in a dynamic business world. An article by strategic transformation consultants Marcia Daszko and Sheila Sheinberg looks deeply into the critical need to really understand transformation and what it entails. The [...]
In business and outsourcing the best plan will always fail without the right people that have the ability to implement the plan and see it through. I think about this when I think about Pat Summitt, the legendary coach of the University of Tennessee’s Lady Vols basketball team. You probably know of my connection to [...]
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 [...]
The old adage that the more things change the more they stay the same probably should be revised when it comes to contract terms: the more things stay the same the worse they get. Tim Cummins, CEO of the International Association for Contract & Commercial Management (IACCM), expressed that thought in a recent Commitment Matters [...]
