When to Build, When to Buy, and When to Do Both

What this episode covers

To build or to buy? This is one of the most significant strategic decisions a business can face—but many tend to get it wrong. In this episode, Jason Sprague discusses the trade-offs involved in build versus buy decisions, the reasons organisations struggle with agility, and how cultural attitudes towards risk influence procurement strategies. We delve into why businesses often desire the control of building while expecting the flexibility associated with buying. How leadership biases affect these decisions, and why the optimal solution is seldom an either/or scenario—it’s a combination. If you believe that the build versus buy discussion is merely a procurement debate, reconsider.

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