Core Competency and Risk Assessment: A Strategic Approach to Determine Which Commercial Activities Are Appropriate for Competitive Sourcing
Abstract
The federal government spends more than $230 billion annually for products and services. Taxpayers pay this expense, and they are entitled to the maximum value for their tax dollars. The first step in securing maximized value is to determine which activities should be performed by government employees and which activities are appropriate for competition. This paper discusses the competitive sourcing process. It focuses on the first step in this process, which is the distinction between activities that must be performed in-house and activities that are appropriate for competition. As stewards of taxpayers' money, government officials must use an approach that optimizes performance and value. The best approach is a strategic one. By using long-range strategic planning, agencies can ensure they retain the ability to perform core competencies. They can also analyze the potential risks of contracting out a particular activity. The result is a well informed decision on whether an activity is appropriate for competitive sourcing.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 31, 2004
- Accession Number
- ADA426604
Entities
People
- Karen M. Rhone
Organizations
- Air Force Institute of Technology