Five Risks of Vendor Selection?
This information is taken from the net, and it might be worth your while reading.
These are the five areas that may be “at risk” as a result of training vendor selection decisions, and the impact to them.
Operationally
If a trainer is not a good match for the organization, or is unable to adequately align the customer’s culture and project objectives with their solution, an opportunity for growth may be lost.
If a trainer is not a good match for the organization, or is unable to adequately align the customer’s culture and project objectives with their solution, an opportunity for growth may be lost.
Brand Building
The organization's reputation in the marketplace is always at risk. Mistakes can hurt brand image and their value to customers as well as to current and future employees.
The organization's reputation in the marketplace is always at risk. Mistakes can hurt brand image and their value to customers as well as to current and future employees.
Resource Usage
Windows of opportunity for growth are never open for long! Delays, and excessive time wasted on sourcing, and on selection decisions can eat up a lot of valuable resources. As well, how difficult is it to replace lost time and resources if a vendor has fallen short of the customer’s expectations?
Windows of opportunity for growth are never open for long! Delays, and excessive time wasted on sourcing, and on selection decisions can eat up a lot of valuable resources. As well, how difficult is it to replace lost time and resources if a vendor has fallen short of the customer’s expectations?
Short & Long term Growth
How well the trainer performs in both the short and long run affects what can be accomplished for the customer through the project they are assigned to. A trainer’s inconsistency or inability to deliver at any time in the project’s lifecycle may cause irreparable damage.
How well the trainer performs in both the short and long run affects what can be accomplished for the customer through the project they are assigned to. A trainer’s inconsistency or inability to deliver at any time in the project’s lifecycle may cause irreparable damage.
Personal & Professional
Only the executive him or herself knows what is riding, personally and professionally, on the success of any given initiative or project.
Only the executive him or herself knows what is riding, personally and professionally, on the success of any given initiative or project.
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