Graph for build vs buy decision framework

Description:

The image is a PowerPoint slide titled "Graph for Build vs Buy Decision Framework," which is a strategic tool used by businesses to decide whether to develop a product in-house (build) or purchase it from an external supplier (buy). The graph presents a two-dimensional matrix with the vertical axis labeled "Control Needed" ranging from low to high, and the horizontal axis labeled "Risk tied to buying/outsourcing" ranging from low to high.

Three circles represent different strategies based on the level of control and risk:

1. "Weak Control Needed" indicates a strategy where buying or outsourcing is suitable due to the low risk involved.

2. "Moderate Control Needed" suggests a partnership approach.

3. "Strong Control Needed" implies that building in-house is the best option due to the high necessity of control.

On the left, a list titled "Marketing Advantages" includes points like "Good quality," "Better time management," and a placeholder for additional text, suggesting benefits that can influence the build vs. buy decision. Another list on the bottom right, also titled "Marketing advantages" (presumably should be different, e.g., "Buying advantages"), mentions "Buyer technical capacity" and has another placeholder for further points.

Use Cases:

This slide can be utilized in multiple industries to facilitate decision-making regarding the development and procurement of products or services:

1. Technology

Use: Deciding on software development or purchase.

Presenter: CTO.

Audience: IT management team, stakeholders.

2. Pharmaceuticals

Use: Choosing between drug development or licensing.

Presenter: R&D Director.

Audience: Executives, R&D team.

3. Manufacturing

Use: Planning for machinery acquisition or in-house development.

Presenter: Operations Manager.

Audience: Production team, finance department.

4. Retail

Use: Determining whether to buy products or produce privately labeled goods.

Presenter: Procurement Manager.

Audience: Supply chain team, company executives.

5. Financial Services

Use: Considering fintech solutions to build or buy.

Presenter: Head of Innovation.

Audience: Innovation team, board members.

6. Automotive

Use: Evaluating parts manufacturing or sourcing.

Presenter: Supply Chain Director.

Audience: Engineers, procurement specialists.

7. Food and Beverage

Use: Deciding on creating new products or outsourcing.

Presenter: Product Development Manager.

Audience: Marketing team, suppliers.