Endorsing the Vested Way to Outsourcing

If there is any further evidence needed to confirm Vested Outsourcing’s growing influence on our industry, look no further than the academic alliance that the International Association of Outsourcing Professionals (IAOP) has formed with the University of Tennessee College of Business Administration to promote Vested Outsourcing.

That’s right – a premier outsourcing, offshoring and shared services organization with a global community of more than 110,000 members and affiliates sees the value inherent in the Vested Outsourcing model and wants to help promote it.

That’s a really big wow! This endorsement is fantastic and exciting, and also extremely gratifying for me personally and for the whole Vested Outsourcing team.

IAOP and UT’s Center for Executive Education are working together on a Vested Outsourcing program that teaches best-in-class performance-based outsourcing. Under the alliance announced last week the association and UT’s College of Business Administration will share best practices, research and thought leadership. Plus the college will have the opportunity to participate in IAOP committee and organization events.

“We are pleased to collaborate with the University of Tennessee on the Vested Outsourcing program that is changing traditional approaches to buying outsourced services,” said Michael Corbett, chairman of IAOP.

“This partnership continues to advance the academic excellence our college and center provide to organizations,” added Ted Stank, associate dean of executive education for UT’s College of Business Administration. “IAOP is a leader in the field, and we’re proud to be associated with an organization of its caliber.”

But it gets even better and more holistic because Tim Cummins, president of the International Association for Contract and Commercial Management (IACCM), has also recently endorsed Vested Outsourcing, stating,  “Vested Outsourcing offers a robust approach for developing high-performing strategic relationships.”

Short but very much to the main goal of the vested relationship. I strongly recommend that you explore Tim’s blog, Commitment Matters, on “managing trading relationships in the global networked economy.” Two of his recent posts, one on “Openness in Negotiation” and another on “Contract Terms as a Driver of Behavior” are especially pertinent for those thinking seriously about the nature and role of the contract, outsourcing and the Five Rules.

What’s really neat and nice to see from these developments is that both the outsourcing business community and the contracting community are on the same page with Vested Outsourcing.

Apparently the I’s (as in IAOP and IACCM) have it for Vested Outsourcing.

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