Managing Outsourcing Activities: Is It for You?

More and more organizations are exploring and/or implementing outsourcing programs, often based on vague observations about what others have done. In such an environment, it is easy to overestimate the savings generated by outsourcing or to underestimate the efforts required for successful implementation and ongoing success.

The course examines the potential benefits and pitfalls of outsourcing, both in general terms and for your organization specifically. Learn how to develop a framework for determining when outsourcing will be successful and profitable. Create a workable strategy for proceeding with an outsourcing decision. Prepare the organization for the potential future use of this strategic alternative.

Objectives:

• Determine if your organization should consider outsourcing
• Measure the rewards of outsourcing against the risks
• Establish a framework for identifying potential outsourcing activities
• Develop guidelines for initial implementation and long-term management

Prerequisite:  Experience in financial management of a medium or small company