Today, you are faced with more complex business relationships than ever before. The result? New challenges for your organisation - often created by a mismatch between the intention of the relationship and the actual contract.
Vested® is a business model in which win-win is paramount for both parties. The relationship is structured in such a way that both parties will be able to achieve success from the cooperation. The focus is on innovation or the creation of value. Vested is particularly well suited for complex business relationships. How does it work? By creating a contract that focuses on desired outcomes and acts as a playbook rather than a legally restrictive document.
As Hi! Mindset we are proud to be a licensed Center of Excellence for the Vested methodology in partnership with NEVI.
Through this methodology we offer the following support:
Vested is based on award-winning research conducted by the University of Tennessee (UT) and funded by the US Air Force. The research of the University of Tennessee shows that conventional transaction-based contracts have shortcomings for complex outsourcing. This is often the result of the fact that the financial side of the cooperation distances the parties from each other. Through research, the UT has identified 12 common pitfalls in collaborative relationships. Do you want to know if you are dealing with one or more of these pitfalls?
Are you inspired by the opportunities that a relational contract offers, but is Vested still a step too far? Then we introduce a phased approach. You work step by step with your partner towards a relational contract. We will start on the basis of outputs, and later on, when you are ready, we make the step towards steering on outcomes. You can decide to stop or pause after each step. Our goal is that your collaboration runs to full satisfaction and delivers the desired impact!
Of course you can contact us at any time to find out more about the Vested® methodology or the phased approach. We are happy to stop by for a visit!
How will we set up a Vested cooperation? With the teams of both companies, we will go through the 5 rules of Vested in the form of a structured process. The 5 rules are divided into 10 contractual elements, each of which will be discussed and worked out in different workshops. After going through the 5 rules and the 10 elements, you will have a collaboration and contractual roadmap that stimulates innovation, resulting in improved service, lower costs and mutual value that didn't exist before. Click here if you want to find out more about how the Vested® methodology is structured.Read more