#11 ADOPT A CAPABILITY INSTEAD OF A TOOLSET
Core Beliefs and Misconceptions
At Enlite Partners, we strongly support data infrastructure and core systems as the foundation of modern businesses. However, beyond these core solutions, there are significant benefits to adopting an outsourced approach rather than the traditional in-house model:
1. Cost Considerations:
CAPEX and OPEX: Internal adoption and maintenance are costly. Repurposing this expenditure could yield a better ROI, especially in today's economic climate.
Implementation Time: Tech advancements rapidly diminish an edge, potentially rendering systems obsolete before full rollout.
2. Integration and Flexibility:
Closed Ecosystems: Businesses face significant integration or switching costs for even simple changes.
Disruption: Development, testing, bug fixes, retraining, and process migration cause productivity and engagement losses.
3. Capability Development:
Developing capabilities to maximise toolset value is as challenging as implementation, making ROI difficult to quantify.
4. Empowering Decision-Making:
Technology should empower decision-making, not replace it.
Benefits of an Outsourced Approach:
1. Flexibility and Commitment:
Tailored Solutions: Outsourced providers offer purpose-built, swiftly delivered capabilities as an extension of your team, with little to no upfront commitment.
Agility and Adaptability: These providers adapt quickly to changing landscape in the tech realm and constantly deliver cutting-edge capabilities efficiently.
2. Solution-Agnostic:
Output Focused: Providers optimise innovation and augment them as needed without bias towards specific affiliates. Their focus is on delivering results rather than upselling.
Comprehensive Capabilities They bring a broad range of expertise and can integrate multiple solutions to best fit your business needs.
3. Proven Expertise:
Interdisciplinary SME: External providers demonstrate significant, tangible value and ROI through their subject matter expertise in both capabilities and toolsets.
Track Record: They often have a proven track record of delivering successful projects across various industries, ensuring reliability and effectiveness.
Conclusion
The bottom line is that while technology can significantly enhance business capabilities, it should not be seen as a standalone solution. By considering an outsourced approach, businesses can leverage tailored, agile, and cost-effective capabilities that deliver tangible value and drive strategic success.
Talk to our team to see how our capabilities can deliver value to you.