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December 22, 2006

Change Is The Name of the Game

By Priya Jestin, Staff Writer

In outsourcing, the easiest part is signing on the dotted line, or doing the deal. And then begins the really hard part. Everything in the agreement may seem absolutely watertight and both parties in the relationship may think they have a really strong relationship going. However, what they don’t realize is that the rules of the game change constantly depending on various factors. Hence instead of trying to play by the rules, if the companies learn to adapt to changing realities, they will find their relationship growing stronger.

Now, adapting doesn’t mean trying to foresee and predict changes well into the future. You just cannot tell what the global scenario is going to be like five or ten years down the line. So, instead of wasting resources, time and energy trying to prepare for the future, your company must try other methods of maintaining and building a strong relationship. One of the best ways of strengthening a relationship is to build on it by creating a platform for information sharing and dialogue with vendors. Adaptability to changing conditions is another prerequisite to success in the outsourcing game.

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