Articles by Kate
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Collaboration Lessons From Jackie Robinson’s Success
Collaboration Lessons From Jackie Robinson’s Success
By Kate Vitasek
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The Power of We: A Speaker’s Guide to Collaborative Success
The Power of We: A Speaker’s Guide to Collaborative Success
By Kate Vitasek
Contributions
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What are the most effective methods for finding and evaluating potential suppliers?
Seek ways to build trust with suppliers. Over the past two decades, many studies have tied trusting supplier relations to a plethora of customer-related benefits. Look for cooperative solutions that maximize value. Creating proverbial ‘win-win’ solutions with suppliers will turn adversarial win-lose relationships into solutions that benefit both parties. Don’t use handshake deals. In any relationship, both parties have a set of rights, roles and responsibilities. These should be clearly defined to set clear expectations. Establish trust, foster collaboration and create more fair and balanced formal relational contracts with your most strategic suppliers.
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What are the most effective methods for finding and evaluating potential suppliers?
Contract negotiations can be undeniably stressful. The high-pressure, high-stakes nature of B2B negotiations can all too easily cause your sales team to give in to dishonest practices designed to land a sale, rather than cultivate a successful long-term business relationship. A deal room experience is a key step in proving that your team doesn’t give in to that temptation — even when dealing with dishonest negotiators. Regardless of whether negotiations are occurring in a face-to-face setting or digitally, this approach can serve as a powerful resource that helps your team lay the foundation for relationships that last. Google, "How The ‘Deal Room’ Experience Can Make (Or Break) Contract Negotiations" to read more!
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What techniques can you use to build trust with suppliers during and after negotiation?
When organizations aim to be truly trustworthy in their words and actions, they don’t just look better in the public eye — they also position themselves to better serve their clients and get better results from their employees and partners. Your efforts to build trust lay a crucial foundation for lasting success, and can ultimately be a key differentiating factor within your industry.
Publications
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Strategic Sourcing in the New Economy: Harnessing the Potential of Sourcing Business Models for Modern Procurement
Palgrave Macmillan
This book provides a comprehensive overview of each of the seven sourcing business models. Business, outsourcing and procurement professionals will master the art and science of strategic sourcing by being able to chart a unique path that fits their situation and capacity to apply the full continuum of strategic sourcing concepts and tools.
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Getting to We: Negotiating Agreements for Highly Collaborative Relationships
Palgrave Macmillan
Ranked by Amazon as a Top 10 Editors Pick the month of release.
Current negotiation practices are outdated and do businesses more harm than good. It's time for a change.
For years, businesses have worked under the assumption that the goal of negotiation is simply to get the deal. Hundreds of books have been written on 'getting to yes,' 'getting past no,' and 'getting more'…the prevalent assumption being 'Get a signature, and you're done.' But this narrows the focus down strictly…Ranked by Amazon as a Top 10 Editors Pick the month of release.
Current negotiation practices are outdated and do businesses more harm than good. It's time for a change.
For years, businesses have worked under the assumption that the goal of negotiation is simply to get the deal. Hundreds of books have been written on 'getting to yes,' 'getting past no,' and 'getting more'…the prevalent assumption being 'Get a signature, and you're done.' But this narrows the focus down strictly to the strategies and tactics needed to negotiate this deal, this time, under this set of terms—with no thought for the future.
More and more, business success depends on strategic relationships built for an ever-dynamic and interconnected world that will endure long after 'the deal is done.' For many organizations, this ongoing relationship is as important as the deal itself. The focus needs to be on developing evolving and mutually beneficial relationships that create shared value, solve mutual problems, and get both parties to a place of 'we' rather than the usual 'us vs. them' tug of war. Drawing on best practices and real examples from companies achieving record results, Getting to We flips conventional negotiation on its head and shifts the perspective to where it belongs: viewing the relationship as the substance of the deal, not merely a 'one and done' transaction.
From the team that developed the Vested business model for highly collaborative relationships and experts in the field of negotiation, this innovative book provides both sides of the negotiation table with the tools they need to create mutual, long-lasting, successful business relationships in today's new business world.Other authors -
Vested: How P&G, McDonald's and Microsoft are Redefining Winning in Business Relationships
Palgrave Macmillan
What do Procter and Gamble, Microsoft, McDonald's and The Department of Energy have in common? They have all recently implemented a Vested relationship with their partners and suppliers, leading to innovation and a better bottom line. Here authors Vitasek and Mandrodt show how P&G partnered with Jones Lang LaSalle to manage over 14 million feet of facilities in 60 countries and how the Minnesota Department of Transportation turned tragedy into success after the I35 bridge crumbled into the…
What do Procter and Gamble, Microsoft, McDonald's and The Department of Energy have in common? They have all recently implemented a Vested relationship with their partners and suppliers, leading to innovation and a better bottom line. Here authors Vitasek and Mandrodt show how P&G partnered with Jones Lang LaSalle to manage over 14 million feet of facilities in 60 countries and how the Minnesota Department of Transportation turned tragedy into success after the I35 bridge crumbled into the water by rebuilding the bridge with state-of-the-art design under budget in less time than anticipated, and much more. Working with partners is the future of business, and in this timely and original work, the authors show companies how to create vested agreements that brings success to everyone involved.
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The Vested Way
Palgrave Macmillan
An evocative short read on WHY a Vested mindset is a game changer for today's business world.
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The Vested Outsourcing Manual: A Guide for Creating Successful Business and Outsourcing Agreements
Palgrave
Far too many companies have developed outsourcing agreements that were created for a bygone century. Or worse, they are buying strategic services using an overly simplified commodity approach.
Today’s companies must build deep collaborative relationships with their suppliers that can accelerate the pace of innovation and competitive advantage amidst a new era of continual change and transformational shifts. This requires adopting a new methodology that has the inherent framework…Far too many companies have developed outsourcing agreements that were created for a bygone century. Or worse, they are buying strategic services using an overly simplified commodity approach.
Today’s companies must build deep collaborative relationships with their suppliers that can accelerate the pace of innovation and competitive advantage amidst a new era of continual change and transformational shifts. This requires adopting a new methodology that has the inherent framework to design new levels of collaboration to drive business value.
This new methodology is Vested Outsourcing. The Vested Outsourcing Manual is the companion guide to the ground-breaking book, Vested Outsourcing: Five Rules That Will Transform Outsourcing. The break-out book introduced the research study conducted by The University of Tennessee and challenged the conventional approach to how companies outsource.
Other authorsSee publication -
Vested Outsourcing: Five Rules That Will Transform Outsourcing
Palgrave MacMillan
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…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.Other authorsSee publication -
Author of over 300 articles
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To read some of my popular articles visit the media page page on my VestedWay website!
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