Five Outsourcing Rules for CIOs

As the CIO of a company, you might have to deal with an expanding list of business objectives, which you have to meet by implementing a cost-effective strategy.  You have two options. You can concentrate on in-house development or outsource.  With cloud computing growing at a fast pace, it makes sense to go beyond the corporate boundary for IT services and ensure better value for your business. Here are five key rules to help you make the best from your outsourcing contract:

1. Figure out why you want to outsource and list down your objectives

This may sound oblivious, but having specific aims really matter in an outsourcing relationship. Before you outsource, make sure that you know what to expect from the outsourcing deal. Having clear and specific objectives also makes it easy for your outsourcing partner to ensure better success. To begin with, consider shorter outsourcing contracts with strong emphasis on your business objectives. Also ensure that the service provider offers you with flexibility in the outsourcing deal.

2. Engage the help of a legal adviser to help you decipher the outsourcing contract

Striking the right kind of deal with a service provider is something that most CIOs are concerned about. To start with, find a legal adviser who understands your interests and concerns. You can go with your internal legal team or hire the services of a legal enterprise to help you decide on which outsourcing partner to choose. Deciphering the finer points of an outsourcing contract can help you enjoy a great working relationship with the service provider right from the start.

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