Thinking about outsourcing? Take a deep breadth and you may want sit down till the thought passes. Many outsourcing arrangements fail for a variety of reasons and even when they succeed the costs incurred may be more than the costs saved.
One of the biggest risks is protecting your intellectual property (“IP”) when it is outsourced. There are no silver bullets that will guarantee protection. But if you choose to outsource, there are some guidelines you might wish to follow to reduce the risk that your IP will be compromised when outsourcing to an overseas vendor (“Vendor”). Here they are. Read More..