Leveraged Third-party Assets

Leveraged Third-Party Assets

Business Model and Practices > Activities, Assets and Partnerships

Leverage third-party assets to access best-in-class resources, improving costs, efficiency, flexibility and performance

Innovative Practices

Leverage third-party assets, like cloud-based services, rather than acquiring and managing them internally
Access third-party assets any time, anywhere, as needed and with variable costs
Own only strategic assets that are extremely rare or scarce
Tap human capital outside organization to gain access to updated and diverse set of skills, new ideas, and fill expertise gaps
Use Internet and cloud-based services to mobilize and manage external staff effectively and efficiently

Books and Other Recommended Sources

Exponential Organizations: Why New Organizations Are Ten Times Better, Faster, and Cheaper Than Yours (and What to Do About It), by Salim Ismail, et. al. (2014)
Turning CapEx to OpEx: What Works, What Doesn't, by Cesar Bacani (2011)
The Inevitable: Understanding the 12 Forces That Will Shape Our Future, by Kevin Kelly (2016)

"Access Over Ownership" And What It Means For The Future Of Business, by Transpay (2015)
Workforce on demand, by Lisa Disselkamp, et. al. (2015)

What legacy assets do you continue to maintain internally, even though better third-party solutions are readily available?

PROOF POINTS

Benefits of Hosting Networks in the Cloud

Greater security, scalability, and ease of use are top benefits of hosting networks in cloud, according to cybersecurity professionals in Cisco survey

September 7, 2018 0 0

Top Drivers of Moving Workloads To Cloud

Increased data accessibility, recovery capabilities, and flexibility, as well as reduced support burden identified as top drivers to move business workloads to cloud, according to Spiceworks IT survey

February 27, 2018 0 0

Expected Timeframe for Selected Technology-Enabled Workplace Trends

ADP survey found top technology-enabled workplace trends include learning new skills, sourcing global talent, shifting roles and increasing remote work

August 19, 2017 0 0

Employee Sentiment Toward Selected Workplace Trends

Majority of respondents surveyed by ADP generally positive about workplace evolution trends enabled by technology advancements

July 8, 2017 0 0

Methods Used by Executives to Identify and Assess New Business Trends

Traditional brainstorming method (80%) still most used in identifying and assessing new trends based on IBM survey of C-level executives

June 28, 2017 0 0

BRIEFINGS

Google expanded bug bounty program to popular Android apps, including software vulnerabilities and data abuse violations

October 22, 2019 0 0

Libra Association launched bug bounty program for security researchers with rewards up to $10,000

September 2, 2019 0 0

Microsoft launched bug bounty program inviting anyone to identify and report security vulnerabilities in new Edge explorer based on Google’s Chromium

August 28, 2019 0 0

Clothing retailer Gap Inc. partnered with technology giant Microsoft to migrate applications and systems to cloud

November 26, 2018 0 0

The New York Times and Google Cloud digitizing five to seven million old archived photos on the cloud, creating easily searchable database, using cloud-based tools

November 23, 2018 0 0