Counting on What Counts

The saying goes that not everything that counts can be counted, and not everything that can be counted counts. Those are excellent words to live by in both personal and business relationships. I especially like the nuance of the first part of the quote because all too often companies are seeking the holy grail of “value,” but […]

Don’t be a Stick or a Paper Tiger

KPJR Films has a fabulous documentary called  “Paper Tigers.”  It’s about how a high school decided to approach troubled youths – who are acting out because of trauma and toxic stress levels – with love and respect rather than punishment. The documentary is supported by research from clinical physician Dr. Vincent Felitti and CDC epidemiologist Robert Anda; they […]

Supply Chain Brain — 2019 Resource Guide — Two articles: Metrics and End-to-End Cooperation

Aligning Metrics for the Business at Hand The Volatile Global Economy Demands End-to-End Cooperation Articles by Kate Vitasek in  Supply Chain Brain’s 2019 Supply Chain Management Resource Guide (link: https://www.supplychainbrain.com/publications/2)  

George Akerlof and the Lemon Problem

George Akerlof put math behind the concept of the  “lemon problem” in his classic 1970 article, “The Market for Lemons,” which used the example of a used car market to depict asymmetry of… Click To Tweet Akerlof (with Michael Spence and Joseph Stiglitz) received the 2001 Nobel Prize for their analyses of markets with asymmetric information. This YouTube video explains the lemon […]

A New Day, A New Way for Island Health and Hospitalists

Our latest case study relates the extraordinary and inspiring journey of the Victoria Island Health Authority and their Hospitalists as they used the Vested model to transform their troubled labor relationship into a highly collaborative one. Most on the team have called the shift to transformational. Some go so far to say it was more like […]

Public Spend Forum — 16 January 2019

Unlearning to Learn: A Vested Approach to Services Acquisition Episode 13 of the Public Procurement Leaders Podcast with Kate Vitasek on 16 January 2019. Here’s the link: https://www.publicspendforum.net/podcasts/vested-services-acquisition-kate-vitasek/

All I Want for Christmas and the New Year…

As I ponder the holiday season and the start of a New Year, I wonder – from a Vested perspective of course – what would happen if Christmas stockings and New Year resolutions contained: Collaboration instead of coal Win-win instead of whine-whine Trust instead of truculence Integrity instead of infamy Value instead of venom Decency […]

ISM Weekly — 26 November 2018

Implementing a Successful Supplier Sourcing Contract Article by Kate Vitasek published  by Inside Supply Management Weekly on 26 November 2018. Some sourcing business deals are simple to negotiate, especially when they are basic transactional deals, such as for office supplies. Other more strategic sourcing contracts might go through difficult and lengthy RFP processes… Here is […]

Forbes — November 2018

Paul Romer: The Path To Economic Growth And Innovation Article by Kate Vitasek published in Forbes on 19 November 2018 Business professionals can learn a valuable lesson about the path to economic growth and innovation from Paul Romer, this year’s Nobel Prize winner in Economic Sciences (shared with William Nordhaus). Romer views the economy as a “huge innovation […]

The Problem with Supplier Trust

The problem with trust when it comes to suppliers is that they probably supply many different companies, perhaps even your competitors – so how do you trust them? But have you stopped to think the reverse is also true: how can suppliers trust their buyers? This is a situation as old as the buyer-supplier relationship […]