GE’s recent announcement<\/a>) are now proving competitive from a price and talent availability perspective, we believe the make-up of many sourcing engagements are going to involve many broader location options for clients. \u00a0Moreover, a Double-Dip Recession will only raise the political issues of sourcing locations to new heights, especially with a contentious Presidential election in 2012.<\/p>\n8′) The pressure to explore new productivity thresholds by accessing\u00a0horizontal\u00a0and vertical “Business Platform” solutions.\u00a0<\/strong><\/p>\n“Business Platforms” enable customers to leverage business services through subscription-oriented, consumption methods via a\u00a0business platform<\/em>\u00a0that integrates Cloud Computing technology, SaaS and Business Process Outsourcing functionality. Business Platforms aim to provide customers with business services that can help drive innovation, flexibility and cost-reduction, while providing business outcomes to clients.<\/p>\n<\/strong>Essentially, providers are looking to business function leaders to bypass their IT departments and acquire “Business Platforms” that are readily available, for example in horizontal areas such as expense management and carbon-management, or industry verticals, such as pharmacovigilance or merchandizing.\u00a0Today, we’re largely only seeing components<\/em> of broader business functions being supported in the Cloud by providers, but we expect this to accelerate as providers aspire to offer more Business Platforms as they are developed.<\/p>\nWith intense competition between the providers to push Business Platforms to clients, the greater the pressure on business leaders to run pilots and start exploring opportunities to externalize processes with providers where it makes business sense to do so. We firmly believe Business Platforms are the future of outsourcing, as the worlds of IT and business process delivery continue to merge. A Double Dip recession will surely encourage some organizations to look at more radical, disruptive means to reduce cost and improve productivity, and Business Platforms will provide some options to explore.<\/p>\n
9) The career path of the global sourcing executive is fast taking-shape. <\/strong>Sourcing is becoming big business. A few short years ago, there were barely enough executives in the\u00a0industry to fill a lecture-theater,\u00a0who were true experts in forging a career out of managing complex outsourcing engagements for buyers. \u00a0In most instances, the responsibility for managing an ITO relationship fell to the CIO, who tended to delegate most of the PMO responsibility to a direct report. \u00a0Similarly, the CFO would tend to ask their shared services leads to take over the PMO functions for BPO engagements. At first,\u00a0many\u00a0resisted and focused too heavily on\u00a0administering\u00a0punitive SLA schedules. \u00a0However, as outsourcing has\u00a0become\u00a0mainstream, ambitious senior IT and business operations\u00a0executives know they need to have proven outsourcing PMO expertise to be taken seriously for career advancement for many leading corporations. \u00a0They also know that successful outsourcing is only possible by continuous learning and relationship development with their provider partners. HfS has observed a significant mindshift since the last downturn to approach outsourcing more strategically and recognize the benefits it can bring during tough economic times for their business. \u00a0The focus on blending outsourcing into global operations and shared services is significantly changing the mentality towards embracing what outsourcing has to offer, as opposed to resisting it.<\/p>\n10) And finally, your views, please! \u00a0Complete our brief survey<\/a> to share your views, experiences and intentions of outsourcing with the imminent threat of a “Double-Dip” Recession. \u00a0<\/strong>All answers will be treated with the strictest of confidence, and you can receive a copy of the study findings. \u00a0Whether you buy, sell or advise outsourcing services, your opinion is highly valued – please click here<\/a> to complete the survey.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":"
Whether you buy, sell or advise on outsourcing, please click to complete our brief study and you might win an…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,847,81,86,91,832,95,837],"tags":[243],"ppma_author":[19],"yoast_head":"\n
Will a Double-Dip Recession reverse the trend of buyers "delaying outsourcing" during a slump? Here are 10 factors to consider... - Horses for Sources | No Boundaries<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n