Expert Advice: Build vs. Buy - Making the Right Decision for Your Organization
Consider the Consequences
If your employees are voicing concern about the functionality of systems and technology, or the operational burden of current systems is high, you know it is time for a change. Yet, divergent executive perspectives on build vs. buy complicate the process of deciding on a suitable replacement.
Many leaders explore the option of using internal IT resources to build better systems in house. If the business case and suitable expertise are not there, this can lead to a major failure and significant waste of capital. Others are inclined to purchase ready-made software, but have concerns about the ability to tailor the solution to their organization’s specific needs.
Arm yourself with the considerations of experts to determine the best course of action for your organization.