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| VALUE OF OUTSOURCE |
| Demand
can fluctuate during economic cycles making it harder
for companies to plan projects and resource requirements.
Yet, organizations must meet changing customer
demands. Companies must go forward with smaller team
and tighter budgets. The Key to success is workforce
flexibility and a strong focus on core competencies.
Outsourcing is one way to remain adaptable while still
focusing on the critical path. If you can flexibly
resource to adjust to changes while retaining skills
that increase your competitive advantage, you will have
a distinct edge over your competition. |
| WHAT
BUSINESS ARE YOU REALLY IN? |
|
| In
today's business climate, differentiation is increasingly
driven by horizontal business functional expertise
and not vertical integration. Companies are refocusing
on providing core business functions and outsourcing
non-core functions to capitalize on efficiencies and
competencies across the board. Consider your outsourcing
prvider as a strategic business partner. Each partner
brings its own core competencies and advantages to
the table. Outsourcing providers, by focusing on a
set of functions, should perform more efficiently,
allowing companies to focus on the areas that are mission
critical to their operations. New development and internal
efforts can co-exist harmoniously when outsourcing
is properly utilized. |
| HOW
DO I DECIDE WHETHER TO OUTSOURCE? |
| There
no simple criteria to conduct an outsourcing versus
in-house analysis. The benefits associated with outsourcing
are numerous and you should consider each project
on its individual merits. Ongoing operational costs
that may be avoided by outsourcing are also a consideration.
In a nut shell, outsourcing allows organizations to
be more efficient, flexible and effective, while often
reducing costs. |
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Staffing flexiblility |
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Acceleration of projects and
quicker time to market |
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High caliber professionals
that hit the ground running |
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Ability to tap into best practices |
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Knowledge transfer to permanent
staff |
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Cost-effective and predictable
expenditures |
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Access to the flexibility and
creativity of experienced problem solvers |
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Resource and core competency
focus |
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