The Outsourcing Lifecycle methodology is a structured and comprehensive process that you can, and should, follow to ensure success and minimize risk over your outsourcing deals. It consists of four phases: Architect, Engage, Operate and Regenerate.
These phases are composed of nine building blocks. These building blocks further contain 50+ key activities.
There are many misconceptions about what outsourcing can and cannot do for your organization. In this Building Block, the purpose is to replace ideological beliefs with realistic goals appropriate to the circumstances of your organization, its industry, and the markets in which it may procure services.
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Where the foundation for outsourcing is laid, consists of the first four building blocks. At the end of this phase, the organization knows itself well enough to confidently publicize its needs.
Where one or more suppliers are selected and the deal is negotiated, consists of the fifth and sixth building blocks.
Where the deal is put in place, operationalized, and managed through its term, is comprised of the seventh and eighth building blocks.
Where next generation options are assessed, consists of one building block: refresh. Following this phase, the lifecycle begins anew, returning to the Architect Phase, where you prepare for your next generation deals.
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