The notion that by outsourcing or contracting, you have transferred your risk to another party is a myth. If it isn’t core to the achievement of your objectives or if the expertise resides outside of your business then outsourcing is positive.
Senior executives, both in Government and Private Enterprise say “there is no need to worry about that risk – I have transferred that to the Contractor.” Continue reading →
The notion that by outsourcing or contracting, you have transferred your risk to another party is a myth. If it isn’t core to the achievement of your objectives or if the expertise resides outside of your business then outsourcing is positive.