Outsourcing can be beneficial and profitable as well as harmful and full of loss.
The 5 main questions that must be asked before starting the outsourcing process are:
1. When to outsource?
2. What to outsource?
3. How to outsource?
4. Why to outsource?
5. Where to outsource?
All these 5 questions("5 Q's") must be thoroughly answered and a feasibility report be prepared so that outsourcing can be beneficial and profitable and not the other way round.
An experienced outsourcing person will always be careful in evaluating these 5 Q's and will never face a loss.
What do you guys say about that? Can you add any more Q's to the 5 Q's given above?