Should Your Lemonade Stand Consider Privatization?
Privatization is certainly not for everyone, but few organizations wouldn’t benefit from asking themselves if there is a better way to operate. When done correctly, privatization is a tool for improving service levels, realizing significant cost savings, and dealing with fluctuating activity levels and demands. Troy, Michigan is one of those communities that asked themselves this very question, ultimately privatization saved Troy’s building inspection budget $1 million in the first year of the contract.
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