See 2020 in a New Light: 3 Different Lenses (Lens 1/3)

Can you remember way back to January and February of this year? You set goals, established a budget and set road maps with dates and deliverables for 2020. Things sure have changed since then but, we all still have objectives, goals, and deadlines with revised plans and budgets. The question is – have you changed the fundamentals of your playbook and toolkit and adjusted effectively?

Baufest would like to suggest that now is the time to take a hard look and revisit your staffing model as one very effective lever in your toolkit.

Over the next three days we will examine three lenses through which to look at staffing differently as a lever to accomplish your goals. 

LENS ONE of three -- Summer Shades: Pay after delivery, not before. 

Nothing is cooler than being able to enjoy the fruits of you and your teams’ labor before having to pay for it, so grab your summer shades, read on, and learn how!

The structure of employee-led projects, including employee salaries, skilling, project planning and deliverables necessitates that your company is paying upfront for the time and work upfront. Whether your deliverables follow a waterfall, scrum, Kanban or other methodology, your budgets will reflect operating and capital costs before you’ve completed the project and before features and capabilities are in place to begin realizing benefits, let alone ROI. A co-development partner, however, can establish project plans, build a skilled team, and even deliver capabilities and features before the first invoice is even issued, let alone paid. At this point, you may already be experiencing optimized processes and cost savings without financial investment. In sum, you can shift costs from the current period to a later period simply by shifting your staffing to a partner.

At Baufest, we have built our reputation on delivering quality work for our clients on time and on budget We partner and share the risk on projects and help reduce risk while charging customers only when the outcomes are achieved. 

Have you ever run the calculations to compare a single hire versus partnering with a vendor? Let us know below if there is a consideration we missed when it comes to weighing the benefits of cost shifting!