3gamma insights - idea in brief - managing risk in it outsourcing
TRANSCRIPT
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Understanding IT outsourcing risk: incorporating risk management in your IT sourcing strategy
Outsourcing decisions have long term consequences. Understanding how IT organisations and IT executives make decisions, value risk and manage risk is an integral part of IT outsourcing
The consequences of poor decision making with resulting lock-in effects can be detrimental to competitiveness, undermine organisational morale and incur significant costs
Managing risk during the IT sourcing life-cycle is at the heart of successful IT outsourcing
Review business alignment
Assess lock-in effectsMonitor contract leakage
and performance
Understanding of internal execution capability
Understand alternative market capabilities
Monitor exit capability and readiness
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3gamma Insights: Idea in brief