outsourcing
Outsourcing as Strategic Tool
Filed in archive Outsourcing Issues by on April 18, 2004
When does outsourcing serve as a strategic tool? Does it have other purpose other than strategic?

In the last five years, however, we have witnessed rapid growth in business process, manufacturing and design outsourcing. While almost all forms of outsourcing are intended to reduce cost, we often simplistically refer them as "strategic tools."

Outsourcing serves as a strategic tool when:
1. It serves strategic functions in growing the business in terms of brand acceptance, gaining competitive advantage and increasing share price
2. It is primarily linked to company's philosophy and mission statement
3. It provides a long-term access in developing further business strategies
4. It provides a basis for business, particularly expansion, decisions

Other purposes of outsourcing include:
1. Cost reduction
2. Regulatory compliance
3. Immediate problem solver with short-term results

Permalink: Outsourcing as Strategic Tool
Tags: outsourcing  strategic  tool  best  business  strategic+tool  outsourcing+strategic  personal+finance 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/1594
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Outsourcing as Strategic Tool:

  • Currently 4.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 4.00 out of 1 vote(s) cast.
 
Subscribe
Share It
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!