Rita McGrath quoted in Inc Magazine—Outsourcing to Save Money?
“Often, when companies add up the savings they will gain by outsourcing, they forget to account for additional expenses that can make outsourcing a pricier option,” says Rita Gunther McGrath, an associate professor at Columbia Business School and co-author of The Entrepreneurial Mindset. Also in the article, McGrath recommends engaging the help of an attorney to ensure that important details that can affect costs — like specifying a fixed exchange rate if the vendor is overseas — don’t get overlooked. The entire article by Darren Dahl can be found at Inc. Magazine.
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