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Ted lives in Durham, New Hampshire, USA, with his wife Margaret, children Jamie, Amelia, Anastasia, and dog Tyler. He consults and gives keynotes on Technology, Security, and Business. He loves flyfishing, ham radio, and great food and wine.

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Don't Outsource Your Brains - Bill Gates

Bill Gates doesn't believe in outsourcing core functionality, likening it to "outsourcing your brains." I agree.

Outsourcing key functionality, whether across the street or across the globe, makes little sense. When a company outsources key functionality they merely become a middleman, and lose much of their inherent worth and competitive value.

Imagine a bank that outsources its banking functionality, or a farmer who outsources their farming. Ludicrous? How about a software company that outsources their software development?

Of course key functionality is not always as obvious. How about a bank that outsources all its IT, or credit card functions, or risk management?

The lines aren't always clearly drawn, but companies should keep their brains in house!

As an analogy, I'll keep making all my own decisions. When and what to eat, sleep, go to the toilet, etc. until and unless I'm unable. If necessary I'll enter a nursing home or other assisted living facility and outsource my brains as required.

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Most Internet users have been targeted by criminal phishing emails, yet less than one third have any idea what phishing is, and only 3.5% have changed their habits due to the threat of phishing!

Risks include Identity Theft, Credit Card fraud, and more.

Download Results (pdf)