With the growth of outsourcing at the strategic level, there is more at stake. This includes profitability, market position, sensitive intellectual property (IP), vendor relationships and talent. Determining the right approach to outsourcing is, therefore, becoming a challenging task.
As outsourcing grows in importance as a strategic pillar, executives will have to undertake pragmatic self-evaluation to determine the sourcing approach that best meets their organisational needs.The increasingly integral role of management necessitates a more nuanced look at the risks and values associated with outsourcing for any given process or activity.
Hence, organisations should think about where their competencies lie and where their potential for differentiation resides when considering outsourcing.
At virtual team, Our approach is to provide dedicated resources that must be aligned and embedded within an organisation’s vision and must contribute to the strategic, management and operational objectives derived from said vision, within a given time horizon.