It doesn’t matter what industry you research, everybody is outsourcing one service or another. Business management and profitability gurus like Tom Peters, and others, all make the argument to focus on what you do best, and leave tasks that are not part of your core business to specialists in those fields.
Quantum Services Inc. Vice President Bill Sjoblom said hiring others to do what they do best makes sense, especially when his business acts as the outside expert for others.
“We ask companies to outsource to us,” he said. If you do that, “you ought to be doing it yourself.”
Quantum is a Columbus-based company founded in 1971 that performs inventory services for convenience stores, eliminating the stores’ need to have their own staff handle the chore.
Internal audit departments, by their very nature and by the dynamics of most C-store organizations, frequently struggle to find the right balance. With the hassles of juggling staff and allocating resource support, it is a huge challenge to maintain a first class internal audit program.