Outsourcing Excellence awards
Posted by Ashish on May 28th, 2005
Interesting - Outsourcing Center studies outsourcing relationships and selects the six best for awards! A couple of points that I found interesting are:
- Cost is no longer the only key driver; an important emerging driver is the need for process expertise.
- Offshoring is here to stay, but still only has a small presence.
And the winners are:
Best First Steps: Bank of India and HP
Best Governance: Westpac and EDS
Most Transformational: KeyBank and ABN AMRO
Most Innovative: Fairmont Hotels and Avendra LLC
Best Partnership - Government: QinetiQ and Accenture
Best Partnership: Johnson & Johnson and Hewitt Associates
Read the entire article here
February 15th, 2007 at 2:31 pm
That also means the quality will become more important. That will also raise the prices for high quality work for you. All in all a win-win situation for everybody.
June 7th, 2007 at 5:29 pm
software development Outsourcing: A great Opportunity for India
Several eyebrows have been raised at the mere mention of software development Outsourcing Outsourcing. However, in the current scenario, if companies want to achieve the strategic goals envisioned by them, HR processes will have to be outsourced to service providers. HR Outsourcing speeds up the ability to focus on strategy and take quick and meaningful decisions.
software development Outsourcing is getting outsourced to third party providers who can bring in the benefits of knowing the domain. Experts contribute to client success by increasing the efficiency and quality of their HR services. HRO service providers develop unique outsourcing strategies for clients that serve the long-term goals of the organization. The right outsourcing vendor will help streamline processes, reduce costs and optimize the clients’ workforce.
The activities covered under Human resource outsourcing include payroll management, training, staffing, benefits administration, travel and expenses management, retirement and benefits planning, risk management, compensation consulting, etc. Thus, HR Outsourcing is a huge prospect, perhaps larger than customer care as an opportunity.
HRO is also being touted as the next big thing for the Indian Subcontinent. Although Human resource outsourcing is a new phenomenon being introduced in companies at a global level, it is already estimated to touch $67 billion, which is 29 per cent of the global BPO pie. In fact, HRO is positioned to be the fastest growing Outsourcing segment over the next three years, with international players like Exult, Hewitt and Fidelity setting up their operations in India.
Outsourcing some of their activities allows deveoper to move a more strategic role, performing higher value-added activities while the day-to-day administration is handled by the outsourcing provider. software development Outsourcing is also a strategy to reduce capital expenditures in noncore functions. What have further added to the popularity of HR outsourcing are the speed, gain and flexibility it affords, three necessary factors to compete in today’s business environment.
Thus, the benefit of HRO is in terms of cost savings, as well as, heightened strategic focus. Outsource to a company that has both knowledge and experience to meet your current needs and anticipate future ones.