OutSourcing...A Powerful Business Strategy
- Topics:
- Evaluation,
- Project Management
- Tags:
- Business Operations,
- Business Strategy,
- It Operations,
- Outsourcing,
- Outsourcing & Subcontracting
- Source:
- OutSourcing Solutions Group
FREE Registration is required
Overview: Outsourcing is the assignment of one or more business processes to an external provider who then owns, manages, and administers the selected processes based on defined and measurable performance metrics. It is recognized as an ongoing strategy whereby a firm acquires a strategic partner. Traditionally, outsourcing was used for narrow, low-risk processes, such as data entry, payroll and mailing. Today, it is successfully utilized for more strategic business functions, such as financial management, customer service and human resource management. In traditional outsourcing the result was not encouraging. The relationship often becomes a win/lose battle where the client seeks to reduce to outsourcer’s profits, and the outsourcer seeks to maximize its profit structure in opposition to the client but today, in outsourcing the emphasis is upon the win/win situation. The rate of change in business today has increased the need for competent and comprehensive state & local tax solutions. Many strategic benefits will be realized from outsourcing to OSG. These benefits has been discussed in brief in the article.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: HTML | Date: Jan 2003 | Pages: 1
People who downloaded this item also downloaded
 |
The Outsourcing Decision: A Strategic Framework |
|
The Business Impact of Outsourcing |
|
Outsourcing: Keys to Success |
|
Successful Outsourcing Strategies |
 |
Issues In Outsourcing |
