Top 11 Considerations For Employing A Managed Service Model

Authored by John Williams, VP of Client Services

In today’s marketplace, it is becoming more and more attractive, and in some cases an imperative, for companies to hire out what are considered non-differentiating capabilities. Functions such as validation, quality, reporting and analytics are generally deemed necessary or supporting, but not strategically important when it comes to a pharma or device company’s core mission of delivering lifesaving products to market.

Life sciences organizations are turning to innovative sourcing models as they seek to optimize resources and reduce costs, while ensuring successful business outcomes. Ultimately, they are looking for ways to be flexible and agile as it relates to ancillary ongoing operational or recurring functions. They desire to align with a lean organization where they are optimizing internal talent, and efficiently leveraging partners to focus on strategic priorities and activities that are not considered the organization’s core competencies.

Explore 11 key considerations when taking advantage of the high value managed service marketplace.