I totally agree with your sentiment, Tim. Even if the LSP to LSP relationship is a true partnership, like you say, the margins are razor thin, which means you need a lot of volume to make it viable financially. And it doesn’t give you much room for manoeuvre when it comes to hiring the best talent for each project.
@Anja Jones thanks for commenting 🙏🏽 I really like the extra insight about the limitations it brings when it comes to hiring talent. That’s exactly what should be protected at all cost to keep on delivering the best possible output.
I don't have experience in the LSP space but I think there is universal truth here.
To grow your business and innovate your services you need access to the problem space.
That means working directly with the business whose problem is being solved. Something that won't happen with the LSP for LSPs model.
I totally agree with your sentiment, Tim. Even if the LSP to LSP relationship is a true partnership, like you say, the margins are razor thin, which means you need a lot of volume to make it viable financially. And it doesn’t give you much room for manoeuvre when it comes to hiring the best talent for each project.
@Anja Jones thanks for commenting 🙏🏽 I really like the extra insight about the limitations it brings when it comes to hiring talent. That’s exactly what should be protected at all cost to keep on delivering the best possible output.