Program Control
Project success with Technical Program Management. Market outcomes with
Product Ownership. Strategic advantage with Interim Technology Officer.
01
Loss of Control is cited as the top concern by
outsourcing companies
Over 50% of companies cite performance or compatibility issues as the reason for ending outsourcing partnerships.
Communication issues, lack of experience working with remote teams, and a lack of metrics for measurement leads to a perceived loss of control and non-alignment of objectives with the vendor team.
Communication issues contribute to 55% of outsourced project failures. Not enough contract or vendor management and insufficient up front planning contribute to 28% and 37% of failures respectively. Once you have found a suitable vendor, success in outsourcing is about setting expectations, establishing shared goals, and managing outcomes.
Our highly experienced Technical Program Managers implement Program Governance for transparency and performance measurement through project execution. Reach out
to us for more information.
02
Knowledge based outsourcing is not simply
about labor arbitrage
59% of companies say cost savings are a reason for outsourcing.
Cost savings are a natural consequence of transferring work overseas to cheaper talent markets but cost cannot be the only driver of your outsourcing strategy. 70% of companies find outsourcing cost effective as it reduces the cost of hiring in-house staff. Still 51% of companies report that they are unhappy with vendor performance.
Companies that successfully manage knowledge-based outsourcing, create collaborative management models that share responsibilities, risks, and rewards, enabling both sides to reach their objectives. Greater ROI and Innovation can be achieved by creating common goals and equal relationships in outsourcing partnerships.
Predixion PMO has defined methods and templates for Vendor Oversight for management of vendor decisions and performance. Reach out to us to improve your ROI from outsourcing.
03
Lack of Alignment of technology with business goals
dilutes the value proposition.
49% of CIOs report that IT and business teams working in silos is a main hurdle for transformation efforts.
With outsourced technology teams in the mix there is an additional organizational boundary within IT that could make the silos more prominent. There are many benefits to be achieved from seamless alignment. An estimate of industry wide Incremental Return on Digital Investment at risk due to Alignment Deficit is 8.4%.
The main objective of technology management should be to enable desired and optimal business outcomes. To do this you need to be able to make informed technology decisions, act decisively on contingencies, and actively control the execution of a project or initiative going across organizational boundaries
Our Interim Technology Officers contribute Strategic Technology Capabilities, analysis and insight to support decision making for improving business outcomes. Talk to
us how we have helped organizations achieve alignment across organizational and cultural boundaries.