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Discuss the Outsourcing Decision Framework.

Discuss the Outsourcing Decision Framework.

Principles of Management
Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter9: The Strategic Management Process: Achieving And Sustaining Competitive Advantage
Section9.4: Strategic Objectives And Levels Of Strategy
Problem 2CC: Describe the three levels of strategy and what a manager developing strategy at each level is...
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Discuss the Outsourcing Decision Framework.
Outsourcing Decision Framework The figure below depicts the typical elements of the outsourcing decision and shows where the motivators, benefits, risks, and factors are typically encountered in such decision: Motivation for outsourcing Benefits: - Cost savings - Increased quality - Augmented staff etc. Risks: - Loss of core knowledge - Increased costs - Low morale No - etc. Consider outsourcing? End Yes Factors: - Costs - Environment - Strategy - Function characteristics etc. Evaluate organization's functions for possible outsourcing Select which functions if any to outsource Continue Figure 4: Outsourcing Decision Framework Source: Kremic and Tukel, (2003)
Transcribed Image Text:Outsourcing Decision Framework The figure below depicts the typical elements of the outsourcing decision and shows where the motivators, benefits, risks, and factors are typically encountered in such decision: Motivation for outsourcing Benefits: - Cost savings - Increased quality - Augmented staff etc. Risks: - Loss of core knowledge - Increased costs - Low morale No - etc. Consider outsourcing? End Yes Factors: - Costs - Environment - Strategy - Function characteristics etc. Evaluate organization's functions for possible outsourcing Select which functions if any to outsource Continue Figure 4: Outsourcing Decision Framework Source: Kremic and Tukel, (2003)
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