WhatBy Edward Cone | Posted 2002-08-06 Email Print
Not quite ready to let an outsider like ACS handle everything from processing your payables to administering your health benefits? Ignore Procter & Gamble's precedent at your peril.You Should Do">
Contracting Out Processes
- Think hard about your business. Determine exactly what you want to outsource and why; e.g., whether it is to focus on a core business or cut costs
- Keep active. Maintain adequate control so that you can manage the services effectively
- Be flexible. Be creative about the terms of the contract's financial structure to get the best return and build the best relationship with your contractor
- Be selective. Shop for a contractor that can handle your special needs
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