One style does not fit all [outsourcing]
G.M. Duarte, Peter Sáckett, Stephen Evans
Abstract
G.M. Duarte, Peter Sáckett, Stephen Evans
Abstract
Organizations cannot manage all their outsourcing needs with a "one size fits all" design. Some outsourcing are important because of the volume of business they represent and others because they affect the future of the company. During the phase when outsourcing first become a fad, many companies saw it as a simple and effective prescription for success. For outsourcing to be successful, it needs hard work in the monitoring, selection, and operation of management processes. In this paper, the authors have presented the different types of outsourcing strategies as well as discussions where each strategy is best utilized. The outsourcing strategies were given as functional outsourcing, leverage outsourcing, strategic outsourcing, and critical outsourcing.
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Organizations cannot manage all their outsourcing needs with a "one size fits all" design. Some outsourcing are important because of the volume of business they represent and others because they affect the future of the company. During the phase when outsourcing first become a fad, many companies saw it as a simple and effective prescription for success. For outsourcing to be successful, it needs hard work in the monitoring, selection, and operation of management processes. In this paper, the authors have presented the different types of outsourcing strategies as well as discussions where each strategy is best utilized. The outsourcing strategies were given as functional outsourcing, leverage outsourcing, strategic outsourcing, and critical outsourcing.
Key concepts: Outsourcing, Knowledge process outsourcing, Leverage (statistics), Business, Process management, Operations management, Business administration, Knowledge management