Advisor

Paying the Price: When Is Low Too Low?

Posted June 14, 2011 | Leadership | Leadership |

Your mom said it best. If it sounds too good to be true, it probably is. When price gets confused with total cost, it's possible to pay more overall while still buying a lower-priced commodity. An industry insider we spoke with put it succinctly:

A lot of clients say they want savings, but they don't. They want low rates, to push the risk to someone else -- and they want to make sure that you (the outsourcer) don't make money.

About The Author
Jim Love
Jim Love teaches in the master’s program at the University of Waterloo’s Centre for Business Entrepreneurship in Technology. Mr. Love was a founding partner at Performance Advantage, a strategic IT and business consulting boutique focused on outsourcing for the mobile, social, "IT as a service" world. With more than 35 years in business and technology, he has served clients ranging from multinational firms to entrepreneurial startups. Prior to… Read More
John Berry
John Berry Senior Consultant John Berry is a management consultant with extensive experience in helping organizations execute strategies designed to deliver breakthrough value from IT and other investments. He is the inventor of a portfolio of strategic planning and value analysis methodologies that guide managers in their IT investment and sourcing decisions. He is also the author of Tangible Strategies for Intangible Assets (McGraw-Hill, 2004… Read More
Kevin Berry
Craig Berry
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