The Outsourcing Phenomenon

Paper Summary:

This paper discusses the growing phenomenon of outsourcing. It describes and analyzes the economic paradigm in which the two corporate strategies of outsourcing and off-shoring can exist. The paper also discusses the characterizations of globalization and how this relates to outsourcing, insourcing and off-shoring. Finally, the paper discusses the Bush administration's involvement with outsourcing.

Table of Contents:
Introduction
Outsourcing/Insourcing
The Necessity of Outsourcing
The Necessity of Insourcing
The Bush Administration and Outsourcing
Conclusions

From the Paper:

"Future trends in outsourcing, off-shoring, and insourcing will reflect the growing attention paid to IP and core business competencies. Business process outsourcing that relies on automated IT solutions will continue to be grow in outplacement while some business transformation IT activities, such as customized business solutions and optimized IT platforms will be insourced or simply kept in-house (Hormozi, Hostetler & Middleton, 2003). Another is that outsourcing that will grow relative to IT applications is application management outsourcing where duplicate applications are brought under the management of single applications and platforms through the use of a 3rd party provider (Taylor, 2002). These trends will increasingly crystallize into core business strategies."

Sample of Sources Used:

• Bounfour, A. The Management of Intangibles: The Organisation's Most Valuable Assets. London: Routledge; 2003.
• Brynjolfsson, E. & Urban, G. L. (Eds.) Strategies for E-Business Success. San Francisco: Jossey-Bass; 2001.
• "The Economics of Outsourcing." The Washington Times, Mar.12(2004): A22.
• Edwards, L. "Overseas Call Centers Can Cost Firms Goodwill." Marketing News, 38/7(2004): 21.
• "Foreign Talent: The Next IT Labor Shortage." CIO Insight, 50(2005): 24.

More papers on The Outsourcing Phenomenon:

• Analytical Essay # 130046 : "The Outsourcing Phenomenon"
• Research Paper # 92184 : "Outsourcing to Foreign Countries"
• Analytical Essay # 142553 : "Outsourcing and Profits"

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