Savvy businesses considering or implementing strategic sourcing initiatives look inward to assess the potential impact of these service delivery model changes on their organization and their staff. In our experience, those that fail to develop and implement an effective organizational risk mitigation plan have a much higher potential for failure, whereas those that meticulously plan for the change not only stand a much better chance of success but also achieve their desired benefits much faster.
First in a two part series, this EquaTerra Perspective Paper discusses the top five change management risks we see in sourcing initiatives. The second paper in this series addresses how to mitigate these risks.
