A small company has a successful proof of concept for an innovative new service but lacks the necessary expertise to deploy it. Which of the following is the BEST course of action to address this…

The correct answer is D. Outsourcing. Outsourcing is the best solution when an organization lacks specific expertise but needs to move forward with a project. It allows the company to acquire the required skills and capabilities from an external vendor without the overhead of internal reorganization or the…

Project management concepts

Question

A small company has a successful proof of concept for an innovative new service but lacks the necessary expertise to deploy it. Which of the following is the BEST course of action to address this deficiency?

Options

AInternal reorganization
BBusiness merger/acquisition
CBusiness process change
DOutsourcing

How the community answered

(21 responses)

B
5% (1)
C
5% (1)
D
90% (19)

Explanation

Outsourcing is the best solution when an organization lacks specific expertise but needs to move forward with a project. It allows the company to acquire the required skills and capabilities from an external vendor without the overhead of internal reorganization or the complexity of a merger or acquisition. Internal reorganization (A) won't create expertise that doesn't exist internally. A merger/acquisition (B) is far too complex and costly for filling a single skills gap. A business process change (C) does not create technical expertise.

Topics

#outsourcing#resource management#expertise gap#project planning

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