{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Management Tech Brief By HackerNoon","title":"6 Examples of Outsourcing Failure ","html":"","width":"100%","height":180,"duration":290,"description":"\n This story was originally published on HackerNoon at: https://hackernoon.com/6-examples-of-outsourcing-failure-yv223y4u.\n Outsourcing is the practice of handing off a certain aspect of your business operations and/or individual tasks to a company or professional that operates outside of the organization on an independent basis. It's essentially the delegation of a task to someone else for an agreed-upon price.  \n Check more stories related to management at: https://hackernoon.com/c/management.\n You can also check exclusive content about #outsourcing, #app-development-company, #web-development, #coding, #it-outsourcing, #software-outsourcing, #recruiting, #good-company, and more.\n \n \n This story was written by: @natenead. Learn more about this writer by checking @natenead's about page,\n and for more stories, please visit hackernoon.com.\n \n \n \n 6 examples of outsourcing failures and how businesses can avoid similar fates. IBM-Queensland disaster cost 16,000 percent more than originally projected. J.P. Morgan fired IBM in the middle of a seven-year, $5 billion IT contract and chose to bring IT efforts in house. Virgin Airlines and Navitaire provided Virgin Airlines with outsourced internet booking, check-in, and boarding software. Both times, it took them nearly 24 hours to get back up and running.\n \n ","thumbnail_url":"https://img.transistorcdn.com/tdnXPW8yH9krH6W4XuPIFAxgCBqY0p2iP7OVhbO0aXk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQxNDIzLzE2ODM1/ODI5MzAtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}