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Vested Outsourcing [Kindle Edition]

Kate Vitasek , Mike Ledyard , Karl Manrodt
4.8 out of 5 stars  See all reviews (42 customer reviews)

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Book Description

Progressive companies and University programs have recently begun to rethink outsourcing models. In Vested Outsourcing, thought-leader Kate Vitasek has created a model that will improve outsourcing procedures much the way Six Sigma and Lean improved production processes in the 80's and 90's. Based on a research study with the University of Tennessee and the United States Air force, Vitasek has identified the top 10 flaws in most outsourced business models and then shows organizations how to rethink their outsourcing relationships in a way that will lower costs, improve service and increase innovation. In Vested Outsourcing, Vitasek shows both professors and managers the five rules to developing a successful outsourcing plan, setting the stage for organizations to create a true vested partnership.


Editorial Reviews

Review

Vested Outsourcing was listed  by The Outsourcing MBA  as the Number 1 book of "The top 10 books every MBA should read on outsourcing"

Vested Outsourcing was list as the Number 1 book on the Texas Wesleyen University best seller's list of "Best Selling Academic Books" 

“ In the outsourcing world, a genuinely new concept  comes along only once every 10 years or so. I believe Vested Outsourcing is one of them.”

Cliff Lynch author of Logistics Outsourcing: A Management Guide


Vested Outsourcing is new business model that will transform outsourcing procedures the way business management strategies Lean and Six Sigma transformed manufacturing.”

Elizabeth Kanna author and creator of several market-defining books


Vested Outsourcing is a game-changing approach that will quickly become the new gold standard for advanced outsourcing relationships. It is a critical enabler for Outsourcing 2.0.”

Frank Casale – CEO, Outsourcing Institute


“Vested Outsourcing nails how to get collaboration right.”

Todd Shire – Global Logistics Sourcing Strategy Manager, Intel


“Applying Vested Outsourcing’s Five Rules has the power to change the game of outsourcing.”

Tim McBride Chief Procurement Officer, Microsoft


“For those involved in outsourcing, or selling to those who outsource, this book should be required reading.”
 

Kenneth B. Ackerman–Ackerman Warehousing Forum
 
 
“A unique book on many levels . . . surprisingly detailed, yet easy concept book to read. I read the book in a single sitting. I predict that, as a concept, vested outsourcing will take its place alongside the six sigma quality concept and the lean operations concept in future business communications as well as conferences. 
 
George A. Gecowets–Founder and former CEO of the Council of Supply Chain Management Professionals

Review

Vested Outsourcing was listed  by The Outsourcing MBA  as the Number 1 book of "The top 10 books every MBA should read on outsourcing"

Vested Outsourcing was list as the Number 1 book on the Texas Wesleyen University best seller's list of "Best Selling Academic Books" 

“ In the outsourcing world, a genuinely new concept  comes along only once every 10 years or so. I believe Vested Outsourcing is one of them.”

Cliff Lynch author of Logistics Outsourcing: A Management Guide


Vested Outsourcing is new business model that will transform outsourcing procedures the way business management strategies Lean and Six Sigma transformed manufacturing.”

Elizabeth Kanna author and creator of several market-defining books


Vested Outsourcing is a game-changing approach that will quickly become the new gold standard for advanced outsourcing relationships. It is a critical enabler for Outsourcing 2.0.”

Frank Casale – CEO, Outsourcing Institute


“Vested Outsourcing nails how to get collaboration right.”

Todd Shire – Global Logistics Sourcing Strategy Manager, Intel


“Applying Vested Outsourcing’s Five Rules has the power to change the game of outsourcing.”

Tim McBride Chief Procurement Officer, Microsoft


“For those involved in outsourcing, or selling to those who outsource, this book should be required reading.”
 

Kenneth B. Ackerman–Ackerman Warehousing Forum
 
 
“A unique book on many levels . . . surprisingly detailed, yet easy concept book to read. I read the book in a single sitting. I predict that, as a concept, vested outsourcing will take its place alongside the six sigma quality concept and the lean operations concept in future business communications as well as conferences. 
 
George A. Gecowets–Founder and former CEO of the Council of Supply Chain Management Professionals


Product Details

  • File Size: 971 KB
  • Print Length: 208 pages
  • Publisher: Palgrave Macmillan (September 14, 2010)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B004L2KTHM
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #742,358 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
3 of 3 people found the following review helpful
5.0 out of 5 stars InVESTing in Vested Outsourcing December 28, 2010
Format:Hardcover|Verified Purchase
The last week of October I attended an excellent three day class called "Vested Outsourcing" on the campus of the University of Tennessee. The name of this class sums up the topic and the content was delivered via fire hose. It was a fast-paced three day program where a lot of ground was covered. The U of T's Center for Executive Education has a first class facility and knows how to put on a good program for professionals.

The premise of Vested Outsourcing is based upon behavioral economics, game theory and field research. Simply stated, the goal is to create a "win-win" relationship. Adam Smith's tenet that the best results are achieved when individuals in an organization or group strive for the best results for themselves was challenged by John Forbes Nash, a winner of the Nobel Prize for Economic Sciences in 1994. Nash concluded that Adam Smith's premise was not incorrect, but incomplete. Not only should the individual seek the best results for themselves, they should also consider what is best for the organization or group if they wish to achieve a true "win-win" outcome.

Vested Outsourcing is built around results instead of transactions where incentives are used to motivate the parties to achieve higher levels of efficiency. The key to success is to build a foundation based upon trust. As presented in the class, Vested Outsourcing is primarily designed for use in large complex projects. Many of the critical success elements cut across all sizes of outsourcing projects making this class an excellent learning opportunity for both large and small businesses.

I have begun looking at our client relationships in a different context as a result of what I learned in the class.
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2 of 2 people found the following review helpful
4.0 out of 5 stars Interesting concepts April 25, 2010
Format:Hardcover|Verified Purchase
Kate, Mike and Karl are really gifted people, smart, knowledgeable and experts in the Supply Chain. Since we share many clients in common, I see the book on many desks and know that the concepts and methods described in the book will be embraced by many in the field, and that will be a good thing. The concepts get to the heart of the complaints I hear from my clients about the way they are treated by their customers, and the problems that spring from the treatment.

There wasn't a lot of new ground broken in the book, and in fact, most of the book is just plain common sense. Most brilliant books are. However, the real genius is the way they bring it all together and get very granular in the description of "how" to do it. The concepts have been around individually for years. This is a great attempt to connect the dots. Many of the people that read the book are going to get lost in the weeds of the details, however and miss the key point. In fact, I am not even sure Kate and Karl realize what the really brilliant key point is in the book.

The key point appears in some form on page 101, third paragraph. It is "...let suppliers help solve the problems. In many cases they know what you do not know that you do not know." Confusing grammar aside, this is really brilliant and gets to the part that most third party logistics owners and principals miss in the business development process. In the end, all outsourced labors are consulting gigs, and all the principals are consultants, whether they want to be called that or not. It doesn't matter whether a service provider has millions of square feet of warehouse space and hundreds of trucks and trailers. The value they add is not in the labor they do, but the expertise they bring to the table.
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3 of 3 people found the following review helpful
5.0 out of 5 stars Vested Outsourcing February 15, 2010
Format:Hardcover
Outsourcing is not a new concept by any means, but this book has the potential to change the entire outsourcing landscape dramatically. This new concept is explained and documented very well in the book, and is a must have for the supply chain manager.
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1 of 1 people found the following review helpful
5.0 out of 5 stars Not Just for Supply Chain December 15, 2010
Format:Hardcover
This book is full of lessons-learned and it's tenets of engagement and philosophy apply to functions outside of supply chain including HR, marketing services, accounting etc. Yes, the business model for vendors is to maximize revenues/margins and the client wants to get the most services for the least amount of money. How is a mutually vested relationship possible?

I'm a C-level officer in a small technology company and for many business reasons, we outsource almost everything that isn't directly in our core, while selling our services to other businesses. The practices outlined in Vested Outsourcing are making us a more valued true partner to our clients and, concurrently, has changed the way we select and work with the vendors we use for services. A mutually beneficial model is possible! The C-level buy-in to this philosophy is critical, as is the communication in order to drive the desired outcomes and behaviors.
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1 of 1 people found the following review helpful
5.0 out of 5 stars A useful, stimulating, and practical guide... June 19, 2010
Format:Hardcover|Verified Purchase
In Vested Outsourcing, Kate Vitasek and her team bring together a wealth of information from leading business concepts of the 21st century and distill it into a useful, stimulating, and practical guide. Essentially, Kate lays out the systems approach for successful outsourcing relationships, based on behavioral economics for non-zero sum game contracts, where win-win and mutual progressive success (or mutual regressive failure) are based on the continuous-process-improvement techniques of Performance Management, Lean, and Six Sigma. She clearly defines the pitfalls of traditional outsourcing and establishes 5 rules for Vested relationships, while also providing practical advice for implementation. With the motivation and passion of Kate's voice, the book is highly readable and highly recommended. Well done Kate! by Suzanne Hoza, Hoza Consulting, Inc.
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Most Recent Customer Reviews
5.0 out of 5 stars A must read if you outsource your business
This is a best practice for how to engage outsource partners and build a lasting, long-term relationship built on more than just transactions.
Published 1 month ago by crashkicker
5.0 out of 5 stars ... party logistics company and have heard (and used) concepts like...
I'm a senior executive in a global 3rd party logistics company and have heard (and used) concepts like 'partnership', 'win-win' & 'gain-share' for years. Read more
Published 1 month ago by Djimmy
5.0 out of 5 stars I love it
Great book if you are looking to raise up your business development strategies!
Published 3 months ago by Jason DePrince
5.0 out of 5 stars Highly recommended for Outsourcing Professionals
I have been involved with the outsourcing industry for over a decade with a captive center, as a buyer and now I am on the provider side as well. Read more
Published 21 months ago by Tom King
2.0 out of 5 stars I should give a better review since I'll want to re-sell
Became clear after a chapter that this book covers a very narrow spectrum of business and it wasn't one I am involved with or cared about. Read more
Published on December 16, 2012 by Danny M
5.0 out of 5 stars Two Thumbs up for Vested Outsourcing
It has happened once before to me where in a brief period of time two individuals from two different organizations have recommended reading the same book. Read more
Published on July 9, 2012 by Bruce J. Follansbee
5.0 out of 5 stars Outstanding book and business partnership approach!
Kate Vitasek's book VESTED OUTSOURCING is an amazing view into a business approach that is so common-sense driven that most business partners miss the mark. Read more
Published on April 20, 2012 by Jeff Brady
5.0 out of 5 stars A Brave New Approach for Procurement and Supply Management
At Buyers Meeting Point, we often have opportunities to recommend the publications we have read, reviewed and endorsed to our supply management colleagues. Read more
Published on March 9, 2012 by Kelly McCarthy Barner
5.0 out of 5 stars Fresh, savvy outsourcing
Kate and Mike have more than nailed the keys to successful outsourcing partnerships. This book's fresh take on the subject is written in a way that does not beat around any bushes. Read more
Published on September 2, 2011 by Gail Pearman
5.0 out of 5 stars A great management tool, not just a well writtten book!
I enjoyed this book very much! It is not often that one finds a book on this topic that successfully probes that further layer of complexity in the relationship that is so... Read more
Published on August 14, 2011 by Herman Nell
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