Meet Kate Vitasek
Kate Vitasek is a faculty member and lead researcher for the University of Tennessee’s Performance-Based Outsourcing program. She teaches executive development courses and serves as a mentor in the University’s Center for Executive Education. She also teaches MBA classes on performance management and lean supply chains for Wright State University, along with seminars for the Warehouse Education Research Council and the Council of Supply Chain Management Professionals.
The Creation of an Outsourcing Game-changer
Kate Vitasek is a name you might already know. If not, you should probably make a point of remembering it, because Kate Vitasek and a team of researchers may have uncovered a model that will transform the economics of outsourcing. It is called "vested outsourcing," and it has garnered quite a bit of media attention over the past few months. In short, vested outsourcing is a methodology that encourages companies and service providers to work collaboratively, and become "vested" in each other's success.
The term "vested outsourcing" was coined by researchers at the University of Tennessee, who, over the course of a four-year study funded by the United States Air Force and led by Kate Vitasek, examined companies with the very best outsourcing relationships and agreements. In the end, the research team identified "10 inherent ailments in today's flawed and old school outsourcing agreements." They also revealed five rules for creating a successful vested outsourcing agreement.