Did you know that 7 in 10 British businesses outsource key services?
Outsourcing is a business practice that allows companies to flex their capabilities and explore new opportunities without pulling resources away from core business.
Outsourcing may not make sense for every organisation, and the business case for outsourcing varies by company. However, there are some common advantages, not least of which access to skills and expertise which may be limited or lacking in-house and the flexibility to meet unpredictable or evolving business requirements.
In this article, we look at:
- The risks and benefits of outsourcing.
- Best practice selection processes.
- 10 factors to consider when weighing up potential outsource partners
