Multisourcing: Moving Beyond Outsourcing to Achieve Growth And Agility Review

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Multisourcing: Moving Beyond Outsourcing to Achieve Growth And Agility ReviewMultisourcing is such a new concept that it is a welcome surprise that Cohen and Young have been able to define a playbook for how companies source their capabilities intelligently. Cohen and Young point out that simple outsourcing of functions like IT is giving way to a more sophisticated approach to gain the efficiencies of sourcing while maintaining an ability to create competitive advantage. They call this approach "multisourcing" and it is a strong answer to critics who believe that sourcing is a lowest common denominator game.
Now it's easy to say that you can source strategically, it is a different thing to go through and show people how to do it. This book breaks down the strategy, selection and operation processes into seven readily accessible chapters.
Chapter 1 lays out the case for multisourcing and places it in a context that you can take to the CEO and Board as to why your company's approach to sourcing needs to change.
Chapter 2 discusses how to multisource strategically and link sourcing and strategy implementation. This is something everyone says they do, but few do it well. Cohen and Young provide several tools to help do this clearly and accurately.
Chapter 3 builds a sourcing strategy up from the business strategy with a focus on the business outcomes and expectations executives should have.
Chapter 4 addresses the issue of managing a multisourcing environment in terms of the governance and management techniques. As companies become more sourced, these are issues that will have to become core executive management competencies.
Chapter 5 provides guidance on how to evaluate and select service providers and discusses an approach the authors' call "Fast Track" that is very practical and results oriented.
Chapter 6 covers the issues of negotiation and financial modeling including frameworks for how to handle this situation specific activity.
Chapter 7 completes the cycle by covering measurement and management in a multisourcing environment. Here the focus is on actionable and practical techniques and tools.
On the down side, some of the advice found in this book you will already know. However, having a comprehensive guide that covers this diverse topic is a definate plus.
Overall this is a book for people considering using multisourcing as a tool for business strategy and improvement. It is an implementer's handbook and carries a focus on what you do and why you do it.
For those looking for a grand strategy, you will need to look elsewhere and recognize that deciding to source is one thing, doing it well is quite another. For those who have to get down to business and make multisourcing work, this book should be always in easy reach.
Multisourcing: Moving Beyond Outsourcing to Achieve Growth And Agility Overview

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