Summary
Leading firms can no longer rely solely on their traditional tech vendor relationships to drive differentiation and growth. Accelerating technology lifecycles, ongoing market volatility, geopolitical issues, and ever-changing user expectations require future fit enterprises to drive adaptive sourcing strategies. To select and manage the right type of vendor relationships, execs must develop new skills and competencies. CIOs, tech leaders, sourcing and vendor management execs, and their business partners can use Forrester’s Adaptive Sourcing Maturity Assessment to measure their relative sourcing maturity against defined competencies and skills.
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