Posts filed under 'Why Outsource?'
It’s such a taboo subject and gets such a bad rap that it’s almost not even worth defending. You might be better off defending socialism at a “Tea Party” rally. Okay perhaps that’s overdoing it. It’s not that bad.
However, one mention of the word outsourcing and you get a lot of people up in arms. It’s one of those words that has just accumulated a terrible reputation over the years, whether it’s fair or unfair. When major politicians (Hello Mr. President) and influential business leaders such as Bill Gates speak out against outsourcing, you know it’s destined to become a poisonous term.
But is it fair? It seems like there are plenty of misconceptions on the subject out there. For one, outsourcing is a bit different than offshoring. Outsourcing is putting the work in a hands of a third party vendor, it could be abroad or at home. Offshoring is sending the work overseas, it may stay in the same company or not.
One thing seems certain, there have to be reasons as to why some of the biggest companies such as IBM and American Express outsource constantly. What are the pros of the outsourcing? What are the cons? These are the questions we at Business Review USA try to answer with a good ol’ fashioned list of pros and cons.
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April 13th, 2010
Outsourcing suppliers will be among the first to benefit from an upswing in the economy, says market analyst Gartner.
Its latest survey of company spending plans showed 85% of organisations anticipate that their spending with external service providers (ESPs) will increase or stay the same.
Three-quarters of firms were optimistic about an economic recovery, showing in their planning cycles that it has already began in 2009 or will occur in 2010.
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March 17th, 2010
When an outsourcing deal collapses the fallout on both sides can be very painful – and if it ends up going to court it could potentially take years to resolve and cost millions. So getting a strong foundation to any project is vital.
Here Nick Pantlin, partner at London law firm Herbert Smith, and Martyn Hart, chairman of the National Outsourcing Association, share their tips with silicon.com on how other organisations can avoid problems with projects from the beginning.
Does the contract look too good to be true?
Businesses should be on their guard if one supplier promises the earth while other vendors are being far more cautious.
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March 9th, 2010
OPINION: Of all the stages in the outsourcing lifecycle, the initial strategic planning stage is among the most important. Outsourcing projects – large and small – are not generally planned with detail and underpinned by long-term strategies.
As outsourcing experts we always stress that planning and strategy are pivotal and will ultimately determine the overall success of an outsourcing.
In order to achieve a solid, realistic outsourcing strategy, an organisation must be able to analyse every aspect of its business, which is often a difficult task as it may require numerous areas of the business to work together, possibly for the first time.
The strategy setting process will ultimately change the roles of both management and employees alike, and will also come under great scrutiny. Therefore it is vital to ensure that all stakeholders – employees, clients, customers and suppliers – are included in the prerequisite due diligence process, which will set the components of the outsourcing and is vital for the development of the strategy.
Determining the objectives (more…)
October 19th, 2009
More companies are choosing to use IT outsourcing, a new study has shown.
The latest Advisor and Business/IT Service Provider Pulse Survey from EquaTerra revealed that 75 per cent of IT outsourcing providers polled saw growth in the new deal pipeline, indicating that market demand is on the increase.
In addition, 68 per cent of companies said they expect rising demand will continue through to the end of 2009.
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October 19th, 2009
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