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Abstract

When an outsourcing relationship goes wrong, it can cost millions of dollars, result in lost market share, and have a disastrous impact on consumer confidence in a company or brand. The University of Tennessee faculty outlined perverse incentives that result in poor outsourcing agreements in their research and first book, Vested Outsourcing: Five Rules that Will Transform Outsourcing. 1

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Notes

  1. Kate Vitasek, Mike Ledyard, and Karl Manrodt, Vested Outsourcing: Five Rules That Will Transform Outsourcing (New York: Palgrave Macmillan, 2010).

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  2. Malcolm Gladwell, Outliers: The Story of Success (New York: Little, Brown, 2008). Gladwell states: “Outlier is a scientific term to describe things or phenomena that lie outside normal experience. In the summer, in Paris, we expect most days to be somewhere between warm and very hot. But imagine if you had a day in the middle of August where the temperature fell below freezing. That day would be an outlier. And while we have a very good understanding of why summer days in Paris are warm or hot, we know a good deal less about why a summer day in Paris might be freezing cold. In this book I’m interested in people who are outliers—in men and women who, for one reason or another, are so accomplished and so extraordinary and so outside of ordinary experience that they are as puzzling to the rest of us as a cold day in August.” Quote retrieved December 2010 from: www.gladwell.com/outliers/index .html.

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  3. Michael E. Porter and Mark R. Kramer, “The Big Idea: Creating Shared Value,” Harvard Business Review Magazine (January-February 2011). Retrieved January 2011 from: http://hbr.org/2011/01/the -big-idea-creating-shared-value/ar/1.

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© 2011 Kate Vitasek, Jacqui Crawford, Jeanette Nyden, and Kathrine Kawamoto

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Vitasek, K., Crawford, J., Nyden, J., Kawamoto, K. (2011). Are You Ready?. In: The Vested Outsourcing Manual. Palgrave Macmillan, New York. https://doi.org/10.1007/978-1-137-51246-8_2

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