These six boardroom challenges raise some of the issues that you may be facing today. Although only one of them is obviously related to sourcing, we believe that sourcing can be an important part of your response to all of them. 1 “Our organisation is under pressure from factors beyond our control” Sourcing can make or break your strategy for transformation. Innovation in creating partnerships is key to achieving this >more. 2 “Our stakeholders are dissatisfied with the outcomes they’re seeing” Correctly approached, sourcing can add many kinds of value to the organisation, as well as cutting costs >more. 3 “The future is uncertain – we need to keep all our options open" Through careful sourcing, you can position your organisation not just to cope with future change, but also to capitalise on the available benefits >more. 4 “Our internal and/or external service providers are not meeting the strategic needs of the organisation” Aim to align internal departments’ – and suppliers’ – objectives with your own strategic goals >more. 5 “We’re looking to launch a new product or service, but we’re not confident we have the requisite capabilities” Sourcing relationships can create or free-up the capabilities you need >more. 6 “Our existing sourcing arrangements seem to be running smoothly – why should we consider reviewing them?” There’s no such thing as routine sourcing – arrangements should be continually reviewed against corporate strategy >more.
These six boardroom challenges raise some of the issues that you may be facing today. Although only one of them is obviously related to sourcing, we believe that sourcing can be an important part of your response to all of them.
4 “Our internal and/or external service providers are not meeting the strategic needs of the organisation” Aim to align internal departments’ – and suppliers’ – objectives with your own strategic goals >more.
6 “Our existing sourcing arrangements seem to be running smoothly – why should we consider reviewing them?” There’s no such thing as routine sourcing – arrangements should be continually reviewed against corporate strategy >more.
PA’s IT outsourcing survey Click here to download an extract from PA's latest IT outsourcing survey 'Understanding misunderstanding' > more
Click here to download an extract from PA's latest IT outsourcing survey 'Understanding misunderstanding' > more
See also: PA's update on IT and systems in business - Sharing the load - finance and HR shared services centres Cut procurement time and risk with an effective data room Get the best results from your service provider
PA's update on IT and systems in business - Sharing the load - finance and HR shared services centres
Cut procurement time and risk with an effective data room
Get the best results from your service provider
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