The idea of retaining core competency activities inhouse and outsourcing the rest is a perfect example of Industrial Age thinking. It belies a conviction that the core of your business today will be the core tomorrow, that today's skills and resources will be enough to take you through the foreseeable future.
BMC Software Inc. announced on Monday that it has entered into an agreement with Network Associates Inc. to purchase the assets of its Magic Solutions division for approximately US$47 million in cash.
At a breakfast meeting at last week's Cutter Consortium Summit 2003 conference, one deep thinker pointed to FedEx's Fred Smith as a CEO who really understands the value of IT.
With the application of the Internet and virtually unlimited bandwidth to business processes, it soon became apparent that indeed information availability is a core competency of businesses regardless of size.