Vested Outsourcing: Five Rules That Will Transform Outsourcing

by Kate; Ledyard Vitasek

Change is the new status quo in today’s business world. New smart, lean and more efficient methods for increasing a company’s market share and top line have been created, and the adoption of their methods and practices will be the differentiator between growth or failure in this new business environment.In Vested Outsourcing, supply-chain innovator and lead researcher Kate Vitasek has created a new business model that will transform outsourcing procedures the way business management strategies Six Sigma and Lean improved production processes in the 1980s and 90s. Based on a research study by the University of Tennessee with the United States Air force, Vitasek has identified the top 10 critical (and often invisible) flaws inherent in almost all outsourced business relationships. She then shows organizations how to reinvent their outsourcing relationships to ignite innovation, improve service, lower costs and increase profit.www.vestedoutsourcing.com

Genres: Business

208 pages, Hardcover

First published January 15, 2010

Reviews

[Dave Applegate · Rating 4 out of 5]

-Excellent book on setting up successful outsourcing solutions. Vitasek does an excellent job explaining why current outsourcing relationships fail to reach their full potential and then describes what it takes to overcome those obstacles.
-Very applicable on creating incentive plans for outsourcing programming offshore to retain creativity and efficient code.
-Helped me fix my view on using offshore firms as more of a service than a partner.

[Nick · Rating 5 out of 5]

Follow the five rules these authors espouse -- with lots of research behind their claims -- and create win-win scenarios for outsourcing.
1. Focus on outcomes (not transactions)
2. Focus on the what, not the how
3. Create clearly defined and measurable outcomes
4. Incentive-based pricing to optimize the biz
5. Insight v oversight governance structure

[Eric Mathis · Rating 4 out of 5]

Interesting read about what P&G has done with their real estate management, and some other companies too.