Explore BrainMass
Share

Strategic Outsourcing

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Some companies have outsourced the wrong things for the wrong reasons and in the wrong way. Describe the three most important lessons you have learned about strategic outsourcing?

How do I approach this from a project management perspective?

© BrainMass Inc. brainmass.com October 25, 2018, 12:44 am ad1c9bdddf
https://brainmass.com/business/human-resource-outsourcing/strategic-outsourcing-238727

Solution Preview

Some companies have outsourced the wrong things for the wrong reasons and in the wrong way. Describe the three most important lessons you have learned about strategic outsourcing?

1. Concentrate on a company's own resources on a set of "core competencies" where a definable preeminence can be achieved and a unique value for customers can be provided. Every company needs a core competency and should focus all of it scarce resources on developing that competency. Having a core competency implies that an organization could do something better, faster, and cheaper than anyone else. Usually strategic outsourcing of core parts is about performance such as quality, service, and flexibility.

2. Commodities and core parts can be outsourced but the techniques to be used should be evaluated carefully. This is true especially with smaller companies as they might be more at risk because of a lack of resources to play catch-up whereas larger companies have the resources to regroup if they ineffectively outsource something strategic. When a company decides to outsource, they must be ready to address the risks involved if the providing ...

Solution Summary

The solution describes the three most important lessons learned from strategic outsourcing and how they are approached from a project management perspective. References included.

$2.19
See Also This Related BrainMass Solution

Outsourcing Perspective of Strategic Management

1. From the perspective of strategic management, what are the costs and benefits of outsourcing?
2. As a manager, what type of information would you gather and what analyses would you conduct to decide whether to outsource an activity?
3. How do you predict that outsourcing from U.S., Japanese, and European firms to China, Taiwan, and India will affect the economies and firms in the three sourcing countries?

(700 words total, not including questions...with references)

View Full Posting Details