The majority of companies would acknowledge the need for staying innovative, and most would also admit the challenge of being so whilst also remaining competitive. Often, being forced to reduce costs, companies will choose to outsource their market research or web design for example. Apart from these cost reduction measures organizations will also outsource skills to access greater expertise and knowledge than they may have in-house. This will increase the speed and flexibility to explore new areas whilst the company focuses on its core competencies.
Many companies would recognize the potential risks with quality control, strategic alignment and company loyalty … Read More »