Outsourcing
 
 
IT Outsourcing BPO - The Outsourcing Institute
MASTERING THE PROCESS

Outsourcing Essentials

As The Outsourcing Institute celebrates its 10th anniversary, I’m happy to point out that outsourcing itself has become accepted business practice.

Traditionally, outsourcing was mostly practiced by large companies seeking to farm out their IT and payroll processing needs. But, this is all changing.

Now, small and mid-sized companies outsource too (see our Middle-Market report. Outsourcing is also no longer restricted to IT. It’s now about BPO, or business process outsourcing.

And moving key tasks and functions offshore is now the norm and no longer a risky experiment.

As outsourcing moves more and more to the mainstream of a company’s strategic plans, it has created a huge opportunity for companies that not only want to save money, but to gain access to top-notch workers it could not otherwise afford to hire, or focus on just their core businesses.Despite all this growth and acceptance, both experienced outsourcers as well as first timers continue to struggle. The desire is to truly understand if not perfect “the process.”

The choices of where one can outsource have expanded enormously. The advent of BPO is a prime example of this. The types of deals being structured—the contracts—are more creative than ever before (see story p. 14).

This is good news for buyers. However, it creates a need to better understand the new approaches and determine what’s right for you.

And finally governance—the managing of the outsource relationship—is quickly becoming recognized for what it is—The Key to Success in Outsourcing.

With this backdrop, we present our annual Buyer’s Guide. The cornerstone of the issue is our “Mastering the Outsourcing Process."

Whether your challenge is the beginning, the middle or the end of “the process,” this guide will help you to better understand and better implement best practices.
The 6 step outsourcing process is based on years of real world experience working with thousands of organizations through the global membership of our professional association.

In essence, this is based on real people and real experiences. It’s what works.

What do you think? Contact me, Frank Casale, or Stephen Taub, editorial director, at The Outsourcing Institute, 500 North Broadway, Suite 141, Jericho, NY 11753, or email us at: editor@outsourcing.com.

 
Inside
Outsourcing Essentials...
Home
Outsourcing Exchange
2003 Buyer’s Guide: Mastering the
Outsourcing Process
Repairing a Bad Contract
BPO's New Look
Pay As You Go
Vendors Make Money Too
Customer No-Nos
The CFO Dance
Web Exclusive Content
Offshore Bets Still On
Financial Services Firms Embrace Offshore
You Can’t Beat Free
 
 
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