exit strategy

An exit strategy is a plan for how to withdraw from an investment, business, or project. It outlines the steps and timing for selling or closing operations to maximize value and minimize losses.

How do you successfully exit an IT outsourcing agreement?

Successfully exiting an IT outsourcing agreement involves thorough planning, communication, and adherence to contract terms. It is essential to review the agreement, notify the vendor in advance, establish a transition plan, and ensure data security and intellectual property protection.

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