{"id":247,"date":"2021-11-04T07:20:30","date_gmt":"2021-11-04T07:20:30","guid":{"rendered":"https:\/\/www.vestedway.com\/uk\/?p=247"},"modified":"2021-11-05T13:04:40","modified_gmt":"2021-11-05T13:04:40","slug":"nigel-forbes-talks-vested-on-ep-business-in-hospitality-youtube-channel","status":"publish","type":"post","link":"https:\/\/www.vestedway.com\/uk\/blog\/2021\/11\/04\/nigel-forbes-talks-vested-on-ep-business-in-hospitality-youtube-channel\/","title":{"rendered":"Nigel Forbes talks Vested on EP Business in Hospitality Youtube channel"},"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=\"Why are so many now talking about the emergence of the Vested outsourcing model?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/aAyR_ZNCTes?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\">Litmus Managing Partner\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/litmuspartnership.co.uk\/staff\/nigel-forbes\/\" target=\"_blank\">Nigel Forbes<\/a>\u00a0and Julian Frith of Neller Davies interviewed by Chris Sheppardson, Founder of\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.epinsights.co.uk\/\" target=\"_blank\">EP Business in Hospitality<\/a>, talking all things Vested.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;<a href=\"https:\/\/www.youtube.com\/watch?v=aAyR_ZNCTes\">video<\/a>&nbsp;sees Nigel joined by Julian Fris, Founder at Neller Davies, where they both discuss why so many in the Industry are now talking about the emergence of the Vested outsourcing model.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For many Litmus followers, you will have heard us talk about&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/litmuspartnership.co.uk\/services\/vested\/\" target=\"_blank\">Vested<\/a>&nbsp;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. Vested outsourcing 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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After the past year, this approach is arguably more important ever. We\u2019ve all been tested beyond what we thought was possible, our working methods have had to completely change overnight and collaboration with partners has never been more welcomed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can listen to the interview&nbsp;<a href=\"https:\/\/www.youtube.com\/watch?v=aAyR_ZNCTes\">here<\/a>&nbsp;\u2013 and if you\u2019d like to learn more about how the Vested approach can support your business contact us&nbsp;<a href=\"https:\/\/litmuspartnership.co.uk\/contact\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Litmus Managing Partner\u00a0Nigel Forbes\u00a0and Julian Frith of Neller Davies interviewed by Chris Sheppardson, Founder of\u00a0EP Business in Hospitality, talking all things Vested. The&nbsp;video&nbsp;sees Nigel joined by Julian Fris, Founder at Neller Davies, where they both discuss why so many in the Industry are now talking about the emergence of the Vested outsourcing model. For many [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":252,"comment_status":"closed","ping_status":"closed","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-247","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\/247","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=247"}],"version-history":[{"count":2,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/posts\/247\/revisions"}],"predecessor-version":[{"id":253,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/posts\/247\/revisions\/253"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/media\/252"}],"wp:attachment":[{"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/media?parent=247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/categories?post=247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vestedway.com\/uk\/wp-json\/wp\/v2\/tags?post=247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}