Published by:
MIT Sloan School of Management
Length: 15 pages
Abstract
By strategically outsourcing and emphasizing a company''s core competencies, managers can leverage their firm''s skills and resources for increased competitiveness. The authors suggest ways to determine what those core competencies are and which activities are better performed externally. They assess the relative costs and risks of ''making'' or ''buying'' and present methods for containing risks while enjoying the benefits from their dual approach.
About
Abstract
By strategically outsourcing and emphasizing a company''s core competencies, managers can leverage their firm''s skills and resources for increased competitiveness. The authors suggest ways to determine what those core competencies are and which activities are better performed externally. They assess the relative costs and risks of ''making'' or ''buying'' and present methods for containing risks while enjoying the benefits from their dual approach.