To Outsource Is To Grow: Why It’s Good To Hand Over The Reins

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One of the major problems faced by business owners all over the world is knowing when to let go. There are plenty of reasons why. As a company owner, you are used to making the decisions and there is a good chance you like to keep things under your control. As much as you like to think you are running a tight ship, if you are lending your hand to every aspect of your business, there is a very good chance you are spreading yourself thin. And at that point, it’s time to give yourself a break.

To Outsource Is To Grow: Why It's Good To Hand Over The Reins
Photo courtesy of Flazingo

You can’t do it all

You are right when you think you are the best person to lead your business, but you just can’t do everything. Delegating to a trusted employee is a perfect fit for the day-to-day running of your company. But what about those times when you have a special project or need help to explore emerging technology? Outsourcing to professional services may be the quickest and easiest way of handing these situations.

Specialist knowledge

Specialist companies will have a much deeper understanding of their industry than you can expect your employees to have. Sure, they know your business inside out but they may not know how to maximize your opportunity in particular areas. Let’s say your current in-house software system is bogging down from a recent influx of customers. In this case, IT outsourcing is likely to be better for you than leaving things to your under-pressure support team who may be challenged by their current workload.

The money

There are financial factors too, and your operational costs may be lower when outsourcing. Let’s say you want a new website designed. The investment required to find, employ, and train staff to do so often outweighs that of the one-off cost you would pay a freelancer or a small web developer company. There are offshore markets to explore too. Many highly skilled developers can be found in emerging markets such as India, where costs are far lower. Making use of modern communications technology makes it easy to share projects and get the same quality of work as you would get from your local town. And all for a lot less money.

Resources

At the end of the day, it’s all about resources: if you don’t have enough of them, you can’t possibly expect to grow. You may get a surge of new customers but if your team isn’t big enough to handle it, the influx could strike a serious blow to your business. Outsourcing at the right times and in the right areas mitigates your risk and opens up new possibilities. If you don’t free up the reins, stagnation – and possible implosion – is likely to be waiting for you at the next corner.

The Big Picture of Business – The Making of a Classic: Houston Legends. How Entrepreneurs and Business Made City Grow.

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My sixth book is Houston Legends, a definitive history of a dynamic global capitol.

Houston was the first word spoken from the moon. It is the hub of the world’s energy industry, headquarters of medical innovation and entrepreneurial phenomena. For 200 years, Houston has been the funnel to international commerce.

Houston Legends contains secrets of CEOs, trail blazers and community impresarios, from superstar Beyoncé to heart transplant pioneer Dr. Michael Debakey, from aviation pioneer and Hollywood movie mogul Howard Hughes to Amazon founder Jeff Bezos, from business titan Jesse Jones to community visionary George Mitchell, from oil drilling inventions to NASA space explorers.

I chose representative industries and community service niches as snapshots of a wider photo album. Not every name and fact is in here, but this business focused look gives perspective to modern life. Recurring themes include pioneer spirit, business innovation, community give-back, growth and vision.

I am a business guru at the national and international levels. My other books are about business, save one on Hollywood (which is big business). This book is a nostalgic stroll down memory lane in Houston, with small doses of business advice thrown in. The purpose was to recall and remember our heritage of business, entrepreneurship and the will to achieve even more.

In researching for this book, I studied dozens of others. Most were picture books and dwelled in the old days from community settlement and emerging society perspectives. It was nice to read about the fight for Texas independence and see pictures of all the old homes that used to be located downtown. This book looks at specters of business, commerce, distribution, consumption and opportunity, which typify Houston’s dynamic growth. Hopefully, this history compliments those books full of old pictures.

I started visiting Houston in the early 1950’s. I had an aunt, uncle and cousins that lived here. Houston was so much bigger and more cosmopolitan than the little town that I lived in (Austin). Today, I see Houston as a collection of communities, economic engines and entrepreneurial opportunities. I work all over the world and finally got the opportunity to write a hometown book.

Houston represents many things to many people. This is where we live and work, where we are educated and entertained, where culture and community pride are stimulated and where we learn some lessons in living together with others.

Houston is a growth community. It has seen industries emerge and mature. It boasts generations of healthy families. It encompasses lifestyles, cultures and opportunity that no other world-class city can match.

Yet, when you look at Houston, it is a collection of neighborhoods, business districts and quality lifestyles. Houston embodies many growing communities, the confluence being an international hub for this nation. Creative partnerships account for Houston’s documented growth.

As the city lives the 21st Century, we celebrate the historical, utilize state-of-the art technology and reflect changing social needs will always be at the forefront of the future. With a sense of pride, reflection and optimism for the future, Houston’s business is dedicated to identifying, meeting and serving every need of our community.

Houston is a collection of neighborhoods, cultures and families. Communities which grow and prosper will analyze and serve the needs of present generations. While honoring the heritage, we carefully plan for the future. Whether in the global sense or on the blocks on which we live, layers of generations comprise our essence.

Every community is a collection of lifestyles, inspired through the structures in which they take place are centers of synergy. Houston leaders are contributing to the quality of life and encompass the needs and activities of Houstonians.

Everywhere that you look in Houston, you see the fingerprints of business. This includes downtown, the Medical Center, the universities and colleges, the Galleria, NASA, Greenway Plaza, entertainment and sports facilities, airports, churches, and schools. As business and industry were challenged to perform at their highest standards, the entire community has benefited exponentially. In the minds of innovators and those who have followed, we care, we achieve, and we look for ways to get better at what we do.

As a result, Houston has experienced several eras of planned, sustained growth. We’re more than a boom or a trend. When reading this history of Houston, you will find the legacy of business on almost every page. Orderly growth has been achieved by mastering technology, business standards and adapting to changing community dynamics. Entrepreneurs have embraced innovation, creativity, safety and commitment to quality.

The best indicator of progress made is to periodically re-examine our best work, celebrate the teamwork involved and then re-apply the winning ingredients toward the next phase of growth. Because our community has mastered the fine art of collaboration, we have many great successes to recognize and admire. Houston Legends are symbolic of the mission and actual practices of community leaders, bringing the best minds and resources into successful business partnerships.

Every facet of business plays a part in facilitating orderly community growth. As our communities prosper, so do our member firms. Collectively, we make artistic, technical, procedural and economic differences in the greater Houston area.

As the city progresses through the 21st Century, we celebrate the historical, utilize state-of-the-art technology and continually seek to improve the quality of life. Strategies which address and reflect changing social needs will always be at the forefront of the future.

About the Author

Hank MoorePower Stars to Light the Business Flame, by Hank Moore, encompasses a full-scope business perspective, invaluable for the corporate and small business markets. It is a compendium book, containing quotes and extrapolations into business culture, arranged in 76 business categories.

Hank’s latest book functions as a ‘PDR of business,’ a view of Big Picture strategies, methodologies and recommendations. This is a creative way of re-treading old knowledge to enable executives to master change rather than feel as they’re victims of it.

Power Stars to Light the Business Flame is now out in all three e-book formats: iTunes, Kindle, and Nook.

StrategyDriven Welcomes Ruth Todd, PhD

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Ruth Todd, StrategyDriven Senior AdvisorStrategyDriven is proud to welcome Dr. Ruth Todd as a StrategyDriven Advisory Services Senior Advisor. A highly experienced nuclear power consultant, Ruth leads StrategyDriven’s information technology and cyber security services.

“We are thrilled to have Ruth join our StrategyDriven team,” says Nathan Ives, StrategyDriven President and CEO. “Her extensive knowledge and experience in information technology and cyber security adds a critical dimension to our advisory services practice and brings tremendous value to our clients.”

For nearly three decades, Ruth led the Institute of Nuclear Power Operations’ (INPO) Information Technology Division as Director, Computer Systems and Telecommunications and Director, Information Technology and Data Services. She is a world class expert on Information Technology Services; possessing in-depth knowledge of nuclear cyber security regulations, industry guidelines, and leading practices. In addition to cyber security, she is an industry expert in the fields of infrastructure, application development, application platforms, cost reduction, process improvement, computer operations, and software quality assurance.

Prior to becoming a management consultant, Ruth held several influential positions at the Institute of Nuclear Power Operations; leading several nuclear industry critical technology infrastructure projects including:

  • U.S. Nuclear Industry Consolidated Data Entry Project Sponsor – served as the executive sponsor for the nuclear industry’s development of the Consolidated Data Entry (CDE) system through which all U.S. nuclear power plants report operational performance and event related information that is then securely transmitted to the appropriate regulatory and industry oversight organizations.
  • National Academy of Nuclear Training elearning (NANTel) Lead – led the National Academy of Nuclear Training elearning (NANTel) and Future of Learning infrastructure project; providing a distance learning system for the U.S. nuclear power industry which reduced costs with economies of scale, shared content, and secure student data.

Ruth further shaped the nuclear industry’s direction through her leadership of influential forums including:

  • Nuclear Information Technology Strategic Leadership (NITSL) Lead – served as NITSL’s Topical Area Lead working with the Nuclear Energy Institute (NEI) and nuclear industry utilities on cyber security related issues
  • Women in Nuclear (WIN) Chairperson – former Chairperson for the Atlanta Chapter of Women in Nuclear; active member leading the group for four years with the Nuclear Energy Institute (NEI) as the sponsoring organization

Ruth served as the Data Center/Telecommunications Acting Director for the Georgia Lottery Corporation, responsible for the setup of all voice and data communications for the state-wide, state-of-the art lottery network. She is also a senior university faculty and committee member:

  • University of Phoenix Area Campus Chair, Humanities and Information Technology – serves as the Humanities and Information Technology Chair and Lead Faculty Member; teaching courses in strategic planning and implementation, global management, critical thinking, project management, organizational behavior and leadership, operations management, history and political science, statistics for criminal justice majors, research, and philosophy
  • University of Maryland Cyber Security Certificate Program – serves as a steering committee member for the University of Maryland’s cyber security certificate program

Ruth earned a Doctorate in the History of Ideas from Warnborough University, a Master of Business Administration degree from the University of Phoenix, a Master of Arts in European History from Georgia State University, and a Bachelor of Arts degree in History and Economics from Oglethorpe University.

Ruth can be contacted at [email protected].