RGM

"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.

• Posted: Thursday, January 15, 2009
• Trackback

Next entry: “Practical yet profound ideas on leadership and innovation” Previous entry: Discovery Driven Planning   Evaluating New Ideas or Ventures

Search: