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Outsourcing is Not Make Versus Buy: It is a Continuum

Posted: 04/04/2012 - 07:36

This article originally appeared in Outsource Magazine Issue #27 Spring 2012


Deciding to outsource demands a thorough make/buy analysis. However, far too many companies take the concept of make-or-buy as black and white.  Dr. Oliver E. Williamson challenged the traditional make/buy decision process with his Nobel Prize-winning work in the area of transaction cost economics. Williamson received the Nobel Prize in 2009.

Vesting in practice

Posted: 02/08/2012 - 07:47

By design this column has, for the most part, examined the theories and research of academic and economic luminaries that have helped form the basis of modern outsourcing and my own research and development efforts in the realm of collaborative outsourcing.

How Diversey and Wipro are creating an ITO (r)evolution

Posted: 01/12/2012 - 00:00

The (r)evolution in the outsourcing industry is happening. Innovative win-win outsourcing relationships are replacing traditional cost-focused procurement methods.  The University of Tennessee calls these innovative approaches “Vested Outsourcing,” because the company and the service provider work together to align the success of the service provider with the achievement of success for the client’s business. Each party employs its core competencies to accomplish what each could not achieve on its own.

Art Markman on looking back to go forward

Posted: 01/06/2012 - 00:00

I hope you have enjoyed the last columns focusing on the “economics of outsourcing.”  I promised to explore other scholars and how we can learn from their leading work. For the next several columns I’ll be featuring the most influential “Big Thinker” psychologists that have directly or indirectly influenced the development of modern outsourcing.

Umair Haque: The art of being disruptive and constructive

Posted: 10/13/2011 - 00:00

Do you suspect that there’s something wrong or at least severely amiss with modern capitalism, and by extension the way we outsource, think about value, construct our supply chains and do business? Can’t quite put it into words and context? Umair Haque has many thought-provoking insights for you on the subject.

Haque is Director of the Havas Media Lab and author of The New Capitalist Manifesto: Building a Disruptively Better Business. He also writes a provocative and entertaining posts for the Harvard Business Review Blog Network.

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