Governace

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.

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