The goal is to better align resources to focus on core strategic operations, while reducing operating costs and capital requirements. Increasing technology advancements have also allowed business to find further ways to be more efficient and reduce costs, especially in non-core functions.
However, recent technology based efficiency gains can be a double-edged sword: while technology presents more opportunity for efficiency, it also requires businesses to re-evaluate what is core and non-core given the increasing speed of technical obsolescence.
- Speed of Innovation Affecting Capital Allocation
- The Business Case for Outsourcing Print
- Pros and Cons of an Outside Partner