{"id":554,"date":"2018-07-19T16:04:37","date_gmt":"2018-07-19T13:04:37","guid":{"rendered":"https:\/\/lasoft.org\/blog\/?p=554"},"modified":"2024-06-06T02:39:45","modified_gmt":"2024-06-05T23:39:45","slug":"what-if-your-startup-lacks-a-core-competency","status":"publish","type":"post","link":"https:\/\/lasoft.org\/blog\/what-if-your-startup-lacks-a-core-competency\/","title":{"rendered":"What if your startup lacks a core competency?"},"content":{"rendered":"<p><span style=\"font-family: inherit; font-weight: normal;\">It is a known fact that such prominent brands as Cisco, Adidas, Nokia, Samsung, Skype and many others are increasing their production capabilities by outsourcing some of their tasks or project. In many cases, this is not because they lack people, but because of a lack in some specific competence or expertise.<\/span> <!--more--><\/p>\n<p><span style=\"font-family: inherit; font-weight: normal;\">In <\/span>LaSoft<span style=\"font-family: inherit; font-weight: normal;\"> we have 3 people full time are searching for a potential partner all around the world. We contact 10-15 executives daily, and we found out that not everyone sees the new potential contacts overseas as an opportunity.<\/span><br \/>\n<span style=\"font-family: inherit; font-weight: normal;\">Some people are reluctant to outsource their product development activities to overseas vendors and among the main reasons are:<\/span><\/p>\n<ul>\n<li><span style=\"font-family: inherit; font-weight: normal;\">Not enough experiences in <a href=\"https:\/\/lasoft.org\/dedicated-team\/\">outsourcing<\/a><\/span><\/li>\n<li><span style=\"font-family: inherit; font-weight: normal;\">A desire to build and keep expertise within the core team<\/span><\/li>\n<li><span style=\"font-family: inherit; font-weight: normal;\">The team expertise is a part of their offer to investors<\/span><\/li>\n<li><span style=\"font-family: inherit; font-weight: normal;\">There is no need for outsourcing because an in-house team is doing well<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">However, if you want to build a world-class product, you have to involve world-class experts. On diagram 1.0 you can see a list of activities you have to perform well to increase your chances for success.<\/span><\/p>\n<div id=\"et_builder_outer_content\" class=\"et_builder_outer_content\">\n<div class=\"et_builder_inner_content et_pb_gutters3\">\n<figure id=\"attachment_555\" class=\"wp-caption alignnone\" style=\"width: 880px;\">\t\t<picture>\n\t\t\t<source\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2FDeveloping_a_successful_Startup_is_not_a_trivial_task.png&#038;output=webp&#038;w=880 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2FDeveloping_a_successful_Startup_is_not_a_trivial_task.png&#038;output=webp&#038;w=1760 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2FDeveloping_a_successful_Startup_is_not_a_trivial_task.png&#038;output=webp&#038;w=2640 3x\"\n\t\t\t\ttype=\"image\/webp\">\n\n\t\t\t<source\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2FDeveloping_a_successful_Startup_is_not_a_trivial_task.png&#038;w=880 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2FDeveloping_a_successful_Startup_is_not_a_trivial_task.png&#038;w=1760 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2FDeveloping_a_successful_Startup_is_not_a_trivial_task.png&#038;w=2640 3x\">\n\n\t\t\t<img\n\t\t\t\tsrc=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2FDeveloping_a_successful_Startup_is_not_a_trivial_task.png&#038;output=webp&#038;w=880\"\n\t\t\t\talt=\"develop and launch a startup\"\n\t\t\t\tloading=\"lazy\"\n\t\t\t\tdecoding=\"async\"\n\t\t\t\twidth=\"880\"\n\t\t\t\t\t\t\t\theight=\"367\"\n\t\t\t\t\t\t\t\tstyle=\"width:100%;max-width:880px;\">\n\t\t<\/picture>\n\t<figcaption class=\"wp-caption-text\"><span style=\"font-weight: 400;\">Diagram 1.0 Activities to perform when you develop and launch a startup<\/span><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p><span style=\"font-weight: 400;\">At the same time having all of this experience, inside small or even medium size company is a challenge. If some blocks of activities cannot be done well inside your company, if they are not your core competence most probably you will create a \u201cquality debt,\u201d which at some point may cost you a market share or even survival. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Outsourcing some of the activities to someone who has more experience and better expertise than you in-house will make your End Product better.<\/span><\/p>\n<p>\t\t<picture>\n\t\t\t<source\n\t\t\t\tmedia=\"(max-width: 424px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=425 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=850 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1275 3x\"\n\t\t\t\ttype=\"image\/webp\">\n\t\t\t<source\n\t\t\t\tmedia=\"(max-width: 424px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;w=425 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;w=850 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;w=1275 3x\">\n\n\t\t\t<source\n\t\t\t\tmedia=\"(min-width: 425px) and (max-width: 479px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=480 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=960 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1440 3x\"\n\t\t\t\ttype=\"image\/webp\">\n\t\t\t<source\n\t\t\t\tmedia=\"(min-width: 425px) and (max-width: 479px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;w=480 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;w=960 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;w=1440 3x\">\n\n\t\t\t<source\n\t\t\t\tmedia=\"(min-width: 480px) and (max-width: 767px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=768 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1536 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=2304 3x\"\n\t\t\t\ttype=\"image\/webp\">\n\t\t\t<source\n\t\t\t\tmedia=\"(min-width: 480px) and (max-width: 767px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=768 1x,\n                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          \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1392 3x\"\n\t\t\t\ttype=\"image\/webp\">\n\t\t\t<source\n\t\t\t\tmedia=\"(min-width: 768px) and (max-width: 1023px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=464 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=928 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1392 3x\"\n\t\t\t\ttype=\"image\/webp\">\n\t\t\t<source\n\t\t\t\tmedia=\"(min-width: 1024px) and (max-width: 1199px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=552 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1104 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1656 3x\">\n\n\t\t\t<source\n\t\t\t\tmedia=\"(min-width: 1200px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=624 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1248 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1872 3x\"\n\t\t\t\ttype=\"image\/webp\">\n\t\t\t<source\n\t\t\t\tmedia=\"(min-width: 1200px)\"\n\t\t\t\tsrcset=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=624 1x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1248 2x,\n                \t\t\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=1872 3x\">\n\n\t\t\t<img\n\t\t\t\tsrc=\"\/\/wsrv.nl\/?url=wp-content%2Fuploads%2F2018%2F07%2Fillustration-2.png&#038;output=webp&#038;w=624\"\n\t\t\t\talt=\"Startup\"\n\t\t\t\tdecoding=\"async\"\n\t\t\t\tloading=\"lazy\"\n\t\t\t\twidth=\"100%\">\n\t\t<\/picture>\n<\/p>\n<h3><strong>Summary <\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Nowadays executives all around the world are responsible for increasing organizational ability to use internal and external resources to generate new products and better value for the end customer. Outsourcing today is not only about cost efficiency. Searching and involving the best available talent is becoming the primary task. Those executives who will be able to see a new globalized economy as an opportunity to collaborate with companies all around the world will develop a new competitive advantage to their business and can deliver a better product for less cost.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"It is a known fact that such prominent brands as Cisco, Adidas, Nokia, Samsung, Skype and many others are increasing their production capabilities by outsourcing some of their tasks or project. In many cases, this is not because they lack people, but because of a lack in some specific competence or expertise.","protected":false},"author":3,"featured_media":558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[21,39],"coauthors":[132],"class_list":["post-554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","tag-development-team","tag-outsourcing"],"yoast_head":"<title>What if your startup lacks a core competency?<\/title>\n<meta name=\"description\" content=\"It is a known fact that a lot of prominent brands are increasing their production capabilities by outsourcing some of their tasks or project.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lasoft.org\/blog\/what-if-your-startup-lacks-a-core-competency\/\" 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