Business Model and Practice: Leveraged Third-party Assets

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

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

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