Newly Released WhitePaper Showcases How Corporate Governance Practitioners Can Use A Vested Framework to Improve Structure

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Companies seeking ways to build a sound governance framework for outsourced services can now turn to the collaborative work of thought-leading organizations in outsourcing governance structures—a newly released whitepaper entitled Unpacking Outsourcing Governance: How to Build a Sound Governance Structure to Drive Insight Versus Oversight.

Using Vested Outsourcing principals enables parties to work together effectively and collaboratively over the life of the agreement." -Kate Vitasek

Companies seeking ways to build a sound governance framework for outsourced services can now turn to the collaborative work of thought-leading organizations in outsourcing governance structures—a whitepaper entitled Unpacking Outsourcing Governance: How to Build a Sound Governance Structure to Drive Insight Versus Oversight.

Co-published by the University of Tennessee Center for Executive Education, the Corporate Executive Board (CEB) and the International Association for Contract and Commercial Management (IACCM), the whitepaper’s purpose is to provide a practitioner-friendly governance framework incorporating the University of Tennessee’s work in the area of vested outsourcing. The goal of the whitepaper is to guide organizations to achieve a governance structure based on insight, not oversight.

Many companies struggle to properly manage an outsourcing contract relationship, and academic research in the area of contract governance is lacking. This whitepaper defines and discusses the aspects of an effective governance framework—one that has a vested interest in managing what are complex contractual arrangements in a collaborative, aligned, flexible and credible way.

Leveraging research and data from CEB and IACCM, the whitepaper is a resource to guide organizations to build the foundation for solid working relationships with service providers throughout the life of their contracts.

Kate Vitasek, a faculty member in the University of Tennessee’s Center for Executive Education (CEE), and author of Vested Outsourcing: Five Rules That Will Transform Outsourcing, said, “Using Vested Outsourcing principals to create a sound governance structure provides consistent management along with cohesive policies, processes and decision rights, enabling parties to work together effectively and collaboratively over the life of the agreement.”

Authors Kate Vitasek, Gerald Stevens, and Katherine Kawamoto believe that building a vested governance structure will be transformative for companies, especially those with outsourcing relationships. “This foundation is essential for outsourced services, as the service provider becomes an extension of the company doing the outsourcing. Having this structure in place can only benefit the relationships and outcomes.”

The white paper is available with registration (no fee) at http://www.vestedoutsourcing.com/resources/whitepapers/

About the Author
Kate Vitasek is an internationally recognized innovator in the practice of supply chain management and outsourcing. Vitasek’s approaches and insights have been widely published with more than 150 articles in respected academic and trade journals. She is the lead researcher and faculty member for Vested Outsourcing at the University of Tennessee and is a co-author of the groundbreaking book Vested Outsourcing: Five Rules That Will Transform Outsourcing.

Vitasek has been recognized as “Woman on the Move in Trade and Transportation” for her leadership in the profession and was recently honored as “Woman of International Influence” by Global Executive Women.

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Janet Appel
Janet Appel Public Relations
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