Tuesday, December 16, 2025 | 02:59 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

The art of outsourcing

How an innovative mindset to governance can help foster entrepreneurial outsourcing

Image
premium

Sanjoy Sen
An organisation specialising in the pulp and paper industry sector in North-West Europe recently showcased its entrepreneurial mind-set to stakeholders in progressively reinventing itself as a producer of bio-energy. It did so by implementing bio-refinery units into its existing pulping mill for the sustainable and profitable processing of biomass into energy to generate new revenues. The technical implementation of these bio-refinery units was relatively easy, given the widespread availability of this technology.  What was relatively much more difficult was to have the operational and information technology (IT) readiness for the new business within a year. Having operated with an in-house