Outsourcing Definitions
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Outsourcing Definitions SiteMap
  • Everyone is outsourcing. When you hire someone to paint your house or change your oil you are outsourcing.
  • Outsourcing is business is usually longer term. It is more like hiring someone to cut your grass or quarterly extermination of bugs for your home.
  • Transfers contractually specific recurring internal activities and decision rights to providers
  • recurring nature of activities and existence of contract indicates service goes beyond consulting type of service.
  • not only are activities transferred, but factors of production are often transferred as well. Factors of production are resources to perform activities (e.g.,  people, facilities, equipment, technology)
  • strategic decision
  • requires proactive, professional decision-making

Decision rights are responsibilities for making decisions over certain elements of activities transferred. Outsourcing is powerful transformation tool which has less risk of implementation failure than other tools.

Maurice Greaver (Washington, DC): author of Strategic Outsourcing, best selling book on Outsourcing on www.amazon.com. Wrote and taught American Management Association (AMA) seminar on Outsourcing. Writing second book on Outsourcing. Greaver has been actively involved in outsourcing as advisor to organizations who are exploring and/or implementing outsourcing initiatives.

Ken Kipers (Dallas): former Executive VP of Fortune 500 company.  Helps companies with their outsourcing decisions and only gets paid on a percentage of savings that results from outsourcing.  This approach minimizes an organization's risk, but usually ends up with a greater payment to Ken's group. Ken has a Ph.D. 

Call Maurice Greaver at 972-980-7407 to find out how better Outsourcing can help you reach your goals and give your peace of mind

Find Out How Outsourcing Can Help You Reach Your Goals

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Phone: 972.980.7407 email: Contact us
Value Creation Group, Inc.
7820 Scotia Dr. #2000
Dallas, TX 75248

 

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