Playing chicken need not be aggressively competitive or even the best way to have productive chickens or a workplace. A better approach is to engender cooperation and contentment to breed the most productive hens. Professor William M. Muir, the evolutionary biologist at Purdue University, has focused his research on group behavior and measuring productivity. In […]
collaboration
Merck, Johnson & Johnson Collaborate on Manufacture of COVID-19 Vaccine
J&J, Merck collaborate on Covid-19 vaccine production.
Walmart Canada And DLT Labs Launch World’s Largest Industrial Blockchain Application — Forbes
Published in Forbes online by Kate Vitasek on 31 Jan. 2020. Here is the link: https://tinyurl.com/u5gpq9v
Challenge the Status Quo
We should always challenge, or at least question, the status quo. The status quo is great only if you want the same thing you have always had. But today’s business world is dynamic and companies demand innovation and value creation. Lawyers should embrace change and more progressive thinking from academia that is proving to be […]
Sourcing Industry Group (SIG) — 26 June 2019 — Myth-Busting
Procurement Myth-Busting – Putting Misconceptions to Rest Article by Kate Vitasek published 26 June on the SIG website. Many companies are on missions to improve their procurement processes… Here is the link: http://bit.ly/2QKbvLZ
Forbes — 18 June 2019 — Compliance Practices
Abusive Compliance Practices Hurt Retailers And Their Vendors Vendor compliance programs have become a major roadblock to retail store success… Article by Kate Vitasek published in Forbes on 18 June 2019. Here is the link: https://bit.ly/2KtlXah
Contract Management Magazine — 1 June 2019
THE EVOLUTION OF THE VESTED BUSINESS MODEL: FROM RESEARCH TO A METHODOLOGY TO A MOVEMENT Article by Kate Vitasek published 1 June 2019 in Contract Management Magazine. Here is the link: https://www.ncmahq.org/news/magazine-details/the-evolution-of-the-vested-business-model-from-research-to-a-methodology-to-a-movement
Avoiding the Death Spiral
Many procurement organizations don’t realize they are in a virtual death spiral when it comes to cost-cutting. Procurement organizations that constantly demand lower and lower costs (often having a metric known as Purchase Price Variance) often find themselves in a painful death spiral with the companies’ supplier relationships. When a company gets in a tit-for-tat clash […]
Forbes — 26 March 2019 — Southwest Airlines cultural fit
Cultural Fit Key For Southwest Airlines Employees And Suppliers Post by Kate Vitasek published in Forbes on 26 March 2019 Southwest Airlines is renowned for its unique people-centric culture and customer experience, with the key words including fun, casual and hip. So, when the airline wanted to imbue its online career site with those same aspects […]
Contract Management Magazine — March 2019
Reviewing RFx Bidding Methods: Which Ones are Right for You? Article by Kate Vitasek published March 2019 in Contract Management Magazine Every day, companies use well-known, “tried and true” competitive bidding methods to choose their suppliers. Most common, of course, is the request for proposals (RFP)—also commonly referred to as a request for tender or invitation […]