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| Outsourcing
/ Why? |
| Every firm has certain essential capabilities "core
competencies" which it understands better than anyone. To successfully
achieve whatever endeavor it is necessary to have abilities in many
areas. It does not always make financial sense to build internal
expertise in all such areas and hence it often makes more financial
sense to subcontract. |
| Advantages |
| Reduce costs, fixed and capital
expenses, as lower investment is needed to undertake projects. |
| Allows your firm to maintain a smaller
more flexible core team, avoiding contracting personnel
and allowing you to quickly adapt to current needs. |
| Subcontracting allows access to new
business opportunities in diverse technologies and skills
without the need to build skills in these areas. |
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