Is “Build” vs “Buy” necessarily a dichotomy, or can you do both?
Sort By:
Oldest
Senior Executive Advisor in Software3 years ago
Many executives treat Build vs. Buy as comparable to the question that Morpheus asks Neo in The Matrix regarding the red pill vs. the blue pill. The situation, however, does not demand a dichotomy. You can have build AND buy, and in many cases, that is usually the right approach. The value is in what you can build and what you can buy.CIO in Education3 years ago
It’s possible to do both with a well defined strategy on when it’s appropriate to do one or the other.CIO / Managing Partner in Manufacturing3 years ago
It really depends on what you are trying to achieve. Ideally you need to work out what your objetives are and how best to achieve them.Head of Enterprise Applications in Software3 years ago
The answer is it depends, depends on several factors such as business area, stage at which the company is, how critical this problem is? Example: Do you want to build your own billing system, most of the time answer is No, but if are a multi-billion $ company, most of the solutions do not work for you (you tried it in the past) then build may be an option.
Worldwide Strategy & Portfolio, Cross Industry (Supply Chain, ESG, Engineering, Customer Experience, Intelligence Automation, ERP) in Manufacturing3 years ago
Generally the challenge statement is defined first. It is then vetted through a build, buy, or partner approach. We are not a software company, don’t intend to be, but we have core competencies. We only bring in when there is a gap in competency that meets a strategic goal or brings value that didn’t exist before. We only build where it complements an existing program. Reducing the tech debt is important.