When you examine your project portfolio, what process do you use to determine which research activities to outsource to suppliers and which have reason to stay inside your team? The traditional supplier approach focuses on the who (selecting good suppliers) and the how (lowering cost or building thought partnership). While selection and cost are important, these considerations presume that outsourcing is always the best option.
The MREB has made the argument that strategically insourcing certain research activities may be the best move for the business. Ideal insourcing opportunities include those that:
- Are cost neutral versus suppliers
- Generate competitive advantage
- Produce equal quality to suppliers
- Add no additional risk
Research deconstructs and root causes the Outsourcing decision, but senior executives may misunderstand the research function as a cost function. Read More »