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To cook or to outsource?

Nowadays people live faster than past generations. In the middle of the turmoil between work and personal life, people are always running and their personal life time gets smaller. Thus, people have to manage time and money to attain their own satisfaction. At the same time, companies are each day even more competitive amongst them, working faster and for longer periods. Regarding the necessity that companies have to grow, sometimes through outsourcing to reduce costs, giving them advantage to grow allowing to have more time to invest in the future. People could manage their life as managers manage companies, but people manage their lives intuitively. A daily activity such as having dinner can be managed similarly as companies run businesses. Commonly, people have dinner at home after buying food and cooking it in their kitchen. To cook there are associated costs, fixed or variable, direct or indirect, that are added to the price of the food resulting in the total cost of the dinner. Could outsourcing in our private lives translate into cost efficiency? Going to a restaurant can be costlier but, in return, it will give people more free time reaching a higher personal satisfaction. Can we attribute a value for our personal satisfaction? Only attributing value to our personal free time and satisfaction would we be able to compare which option would be cost effective.

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  1. Another good reflection, although this one it took me a little longer to see where you were headed.

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