{"id":243,"date":"2021-11-04T07:16:43","date_gmt":"2021-11-04T07:16:43","guid":{"rendered":"https:\/\/www.vestedway.com\/uk\/?p=243"},"modified":"2021-11-05T13:04:50","modified_gmt":"2021-11-05T13:04:50","slug":"vested-founder-kate-vitasek-talks-to-ep-business-in-hospitality","status":"publish","type":"post","link":"https:\/\/www.vestedway.com\/uk\/blog\/2021\/11\/04\/vested-founder-kate-vitasek-talks-to-ep-business-in-hospitality\/","title":{"rendered":"Vested Founder Kate Vitasek talks to EP Business in Hospitality"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Uncut and in Conversation with - Kate Vitasek, a founding force for Vested\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/n9HZC0MU0W0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Following Litmus Managing Partner&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/litmuspartnership.co.uk\/staff\/nigel-forbes\/\" target=\"_blank\">Nigel Forbes<\/a>&nbsp;being interviewed by Chris Sheppardson, Founder of EP Business in Hospitality, talking all things&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/litmuspartnership.co.uk\/services\/vested\/\" target=\"_blank\">Vested<\/a>, the Founder of the Vested movement herself has now also been interviewed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kate Vitasek, Founder of Vested, is an international authority for her award-winning research and Vested business model for highly collaborative and strategic relationships. Her&nbsp;<a href=\"https:\/\/www.youtube.com\/watch?v=n9HZC0MU0W0\">interview<\/a>&nbsp;gives a true insight into what Vested is, the mindset behind it, the benefits of the approach and what can be achieved through this approach. It\u2019s fascinating.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For many Litmus followers, you will have heard us talk about Vested previously \u2013 it\u2019s an approach we believe in and we see this as being the future way of working.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For those of you new to the concept, the mindset behind Vested is not \u2018what\u2019s in it for me\u2019 but \u2018what\u2019s in it for we\u2019.&nbsp;<a href=\"https:\/\/litmuspartnership.co.uk\/services\/vested\/\">Vested outsourcing<\/a>&nbsp;is a hybrid business model in which clients and service providers create a contract using shared values, goals and outcome-based economics to create an agreement that is mutually beneficial for each party.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Traditional outsourcing and businesses relationships are focused on win-lose arrangements where one party benefits at the other\u2019s expense. A Vested agreement creates a win-win relationship in which both parties are equally invested in one another\u2019s success. Vested relationships depend on collaboration, transparency, flexibility and trust. Rather than traditional business relationships in which companies buy transactions or services from suppliers, vested relationships instead focus on buying results.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The model was developed out of research by the University of Tennessee and was led by Kate Vitasek, and was where Nigel (and others in the Litmus team) went to learn more about Vested. If you missed the interview with Nigel Forbes on EP Business in Hospitality, you can view it&nbsp;<a href=\"https:\/\/www.youtube.com\/watch?v=aAyR_ZNCTes\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following Litmus Managing Partner&nbsp;Nigel Forbes&nbsp;being interviewed by Chris Sheppardson, Founder of EP Business in Hospitality, talking all things&nbsp;Vested, the Founder of the Vested movement herself has now also been interviewed. Kate Vitasek, Founder of Vested, is an international authority for her award-winning research and Vested business model for highly collaborative and strategic relationships. Her&nbsp;interview&nbsp;gives a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":251,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ghostkit_customizer_options":"","ghostkit_custom_css":"","ghostkit_custom_js_head":"","ghostkit_custom_js_foot":"","ghostkit_typography":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-243","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","entry"],"_links":{"self":[{"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/posts\/243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/comments?post=243"}],"version-history":[{"count":3,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/posts\/243\/revisions"}],"predecessor-version":[{"id":254,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/posts\/243\/revisions\/254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/media\/251"}],"wp:attachment":[{"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/media?parent=243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/categories?post=243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/tags?post=243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}