Tag: competitive advantage

Organisations started outsourcing specific business activities in the 1990s mainly as a cost-saving measure. Functions not related to the core business, such as accounting, human resources, data processing, security and maintenance were contracted out to specialised service providers rather than handled by internal staff and resources.

New research shows a firm’s competitive advantage can last more than three times as long as previously believed and that companies with 'higher-order' resources can greatly outlast their competitors.