OCIO RFPs: Are You Asking These Key Questions?

As outsourcing of the CIO role has gained momentum in recent years, with a throng of new entrants in the outsourcing arena, organizations needing an outsourced CIO (OCIO) are using traditional RFPs to identify suitable candidates.

Consultants who aid in the selection of an OCIO have fostered the trend toward using RFPs, in an effort to institutionalize the search process.  Although RFPs can help to evaluate potential outsourcing partners, Strategic Investment Group finds that RFPs often leave important questions unasked or fail to effectively solicit critical information.

Some of those questions are listed in this paper. 

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