Rafael Borras: Don’t do more with less. Get more value instead

The government contracting community is still wary of the concept of lowest-price, technically acceptable contracts coming from agencies. But the deeper question is, what kind of value does an agency get? Rafael Borras is a senior advisor at AT Kearney, and former Under Secretary for Management at the Department of Homeland Security. He tells In Depth with Francis Rose government can learn from the private sector how value creation can be an alternative to simple budget cutting.