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Preparing for Outsourcing: How to Build Your Base Case for a Cost/Benefit Analysis
Aug. 27, 2010
Is your company considering outsourcing? There are a number of benefits that can justify outsourcing and most organizations in the United States outsource at least one of their non-core business functions. However, if your company is new to outsourcing, or if you are considering outsourcing an internal function or service for the first time, one of the first steps to take is to create a business case.
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What to Outsource (Part 2): Selecting the “Low hanging fruit”
Jul. 26, 2010
In Part 1 of What to Outsource we outlined a simple process for identifying your organization’s core competencies using Michael Porter’s Value Chain Analysis. Once you’ve determined the processes and services within your company that make up your core competencies, you can review and assess the leftover to determine whether...
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Top 5 Most Common Reasons Companies Outsource
Jun. 30, 2010
Outsourcing isn't for everyone. Every company's situation is unique. Even company's from the same industry can operate so differently that outsourcing may make sense for one but not another. Before your company considers outsourcing you need to consider the following advantages and disadvantages.
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What to Outsource (Part 1): 6 Steps to Identifying your Company's Core Competencies
Jun. 29, 2010
Before making an outsourcing decision, one of the most important analyses you need to conduct is determining your core competencies, i.e. what your company does well. Guiding principles say that you should retain the activities that are your organizations core competencies and outsource ALL the rest. You or your organization might not want to outsource ALL the rest, but you do need to identify where your strengths lie, since you don’t want core activities that directly affect your value proposition, cost advantage or product/service differentiation, to operate outside of your control.
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Top Reasons for Using Business Process Outsourcing
Mar. 22, 2010
Outsourcing can allow your business to focus on your core competencies; those key features of your product or service that differentiate you from your competitors.