Far too many companies have developed outsourcing agreements
that were created for a bygone century. Or worse, they are buying
strategic services using an overly simplified commodity approach.
Today's companies must build deep collaborative relationships with
their suppliers that can accelerate the pace of innovation and
competitive advantage amidst a new era of continual change and
transformational shifts. This requires adopting a new methodology
that has the inherent framework to design new levels of
collaboration to drive business value. This new methodology is
Vested Outsourcing. "The Vested Outsourcing Manual" is the
companion guide to the ground-breaking book, "Vested Outsourcing:
Five Rules That Will Transform Outsourcing." The break-out book
introduced the research study conducted by The University of
Tennessee and challenged the conventional approach to how companies
outsource. In "The Vested Outsourcing Manual," Kate Vitasek and her
co-authors have taken the Five Rules of Vested Outsourcing and
developed the roadmap to creating a Vested Agreement through which
each party has a vested interest in mutually-defined and desired
outcomes. Vested Outsourcing methodology is built on a flexible
framework that lays the foundational structure for the parties to
come together and create a shared vision, foster an anticipatory
lens, share evolving expertise, manage change and drive the
required behavior for both parties to drive innovation and mitigate
risk. These flexible - vested - agreements will allow the creation
of value systems that have the ability to transform every industry
and society. Shared vision, desired outcomes, transparency, trust,
and win-win are not simply buzz words - they are the principals and
values of Vested Outsourcing, being embraced by innovative giants
like Microsoft, Intel, and P&G. Now companies and their
suppliers have the manual to create a business model for a new
century of constant change.
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