"Build or buy" is only convenient shorthand for a wide range of possible courses of action.
Nov 1, 2008
By:
James E. Bonine, Conrad J. Heilman, Jr., PhD, Siddharth J. Advant, PhD
When making critical decisions such as whether to build or buy critical capabilities, companies need a decision-making approach that weighs risks and rewards as a science with adequate inputs, repeatable processes, and measurable results. The method must also accommodate the human factor by encouraging wide participation and providing the kind of neutral decision criteria that satisfies participants about the objectivity of the process.
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