Build vs. Buy Strategy
Business ecosystems of today tend to focus on achieving efficiencies across the organizational landscape. Given this context, decisions around “build versus buy” that originated in the manufacturing arena now extend across information technology, human resources, operations and maintenance, and other fundamental business functions of an organization. It is, therefore, critical that every organization develop a framework around which to make such decisions.
This document focuses on three key areas to examine in the decision process:
- A decision support framework that focuses on information technology acquisitions, with an extended focus on the evolution of best practices and toolsets beyond build versus buy
- An articulation of the framework derived from research on best practices, and aggregation of content from various sources of research literature
- A brief discussion on evolving and changing contexts that come into play, given the volatile world of modern day enterprise computing