Once you understand the process of getting the best value for money from an augmented team, what’s not to like? You are able to fill in the crucial ‘missing pieces’ in your core team while maximizing productivity and getting projects off the ground—and in a cost-effective manner, at that. But while it’s true that the right outsourcing partner is an invaluable asset to your business, approaching the extended team model with misaligned expectations and rushing into it unprepared can introduce substantial risks of failures, additional costs, and loss of time.
So, what can you do? Well, I don’t have a foolproof recipe for success to share with you, I’m afraid. But I can tell you the 9 greatest mistakes I’ve seen in over 20 years in the outsourcing industry. The kind of mistakes you want to stay away from when you engage with an offshore partner.
[00:00] Intro
[2:01] Thinking a fixed-price project is the safest move
[6:24] Thinking that the requirements can be built on the fly with no clear roadmap
[8:18] Building your site on a proprietary framework, CMS, or platform that is developed & owned by your software provider
[11:04] Not having access to your source code on a regular basis
[12:02] Looking for an outsourcing vendor that will blindly execute software development
[14:51] Believing that doubling the team size will double the output in a linear fashion
[17:05] Treating the outsourced resources as a different team separate from your company
[18:35] Confusing price with value
[20:40] A Startup special: Thinking that there is such a thing as a free lunch. Work for equity deals
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