To Build or to Buy – That is the Question

Many of the decisions business managers face center on the employment of three finite resources: people, time and money. Business owners and managers are always trying to determine the best combination of these three key ingredients when making their “secret sauce” a.k.a. their competitive advantage. Managers know that all the capital in the world can be squandered without the right tools and talent. The same can be said for tools and talent if you lack the time to invest in a project. Would you prefer to occupy a building hastily constructed, or one where each brick was laid with care and precision?