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Risk Analyses

Filed in archive Best Practice by on March 14, 2004

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.

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Related Entries:

Intelligent Risk Taking - 10 February 2006

No More Megadeals - 28 February 2007

Corporate risk gaps - 12 July 2007

The new world of risk - 25 July 2007

Seven types of risk - 09 October 2007

What is your risk? - 16 January 2008

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