Quote by Lee Kuan Yew

If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business.

If you deprive yourself of outsourcing and your competitors

Summary

This quote emphasizes the importance of outsourcing in staying competitive and relevant in today's business world. By suggesting that if you choose not to outsource while your competitors do, it implies that you will fall behind and potentially fail. Outsourcing allows businesses to access specialized skills, resources, and cost-saving benefits. It enables companies to focus on their core competencies and enhance efficiency. Therefore, embracing outsourcing becomes a crucial strategic decision to remain competitive and avoid being rendered obsolete by more agile and adaptable competitors.

Topics

Business

By Lee Kuan Yew

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