The Outsourcing Weblog

Risk Analyses

March 14th, 2004 › Best Practice › admin ›

The risk factors to be taken into consideration prior to making the decision to outsource to a particular supplier are:

- Supplier readiness (expertise, quality and focus)
- Country risk factors (political, socioeconomic and legal)
- cultural factors (communication style, working style, etc.)
- Knowledge transfer factors (internal and technical readiness)

Internal factors within the company would also make a huge difference. Communication infrastructure and corporate culture are two of the most influential factors.

~Author and blogger Jennie S. Bev can be found at JennieSBev.com.