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
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?
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