PODCAST: Procurement Takes the Leap and Embraces ‘Vested’

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Guest: Kate Vitasek, Faculty, Graduate & Executive Education, University of Tennessee

“A true desired outcome is the future. It’s a desired outcome. So, how do you buy the future? How do you buy innovation? You can’t write a spec for that. We really have to bring in the suppliers as experts to help co-create during that bidding process”.  Kate Vitasek, Faculty, Graduate & Executive Education, University of Tennessee

My guest today is Kate Vitasek, a member of the graduate faculty in executive education at the University of Tennessee, and the creator of the Vested model. Kate and I have recorded several podcasts together, but in this case we connected in person at the SIG Fall Summit in Carlsbad, California. We took that opportunity to discuss the Vested model and how procurement (after long delay) is embracing the mindset.

We started our conversation by getting caught up on what has transpired in the world of Vested since the last podcast.

 

 

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