Should you outsource an activity or business function?

Outsourcing can have a significant impact on your bottom line. It can reduce overheads, bring fresh expertise to your business, and free up your time for innovation and other vital tasks. But there are risks, too. You could lose control of proprietary information, or end up with products or services that don't meet your company's quality standards. So, how can you be sure that you're making the right choice?