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IAOP PULSE Blog: IAOP's Outsourcing Magazine Blog
PULSE Magazine takes you deep into the outsourcing industry with the latest ideas, advice, knowledge, and best practices, turning the conventional upside down with stories designed to engage, inspire and challenge you. With editorial content from the leading thinkers and doers in the outsourcing industry, you’ll have the know-how, tools and resources to succeed as a new professional in today’s global economy.
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Issues, trends, information, observations, reflections and more

INNOVATION: A LEAP OF FAITH OR JUST A LOT OF HARD WORK?

There is hardly a more overused word in business circles and in the tech industry today. Akin to my other favorites – synergy, bleeding edge and disruptive – it is used so often and so loosely that it has become nearly hollow. I no longer hear innovation – I hear inno-vacuous. And I’d venture to guess I’m not the only one who hears it this way.

WHY EASTERN EUROPE IS BECOMING THE WORLD’S NEW OUTSOURCING DESTINATION

Offshore outsourcing is often perceived as being centered in Asia.  However, Eastern Europe is fast becoming one of the most popular outsourcing destinations — and for good reason. In this article, we will discuss the perks of working with an Eastern European outsourcing vendor and explore what makes it unique in a crowded marketplace.

Impact Sourcing 1: IAOP PULSE Outsourcing Magazine

WHY CORPORATE SOCIAL RESPONSIBILITY AND IMPACT SOURCING MATTER

When it comes to business, buyers want more from the powers that be; they want core value – consistent action and participation. It’s no longer about the quality of a product. Buyers care about society and global issues, and they are zoning in on the organizations proactively supporting these issues. Going forward, customers plan to do business with organizations that weave social responsibility into their entire business models.

Next Generation Outsourcing: IAOP PULSE Outsourcing Magazine

THE NEXT GENERATION OF OUTSOURCING

The biopharma industry has achieved many of these benefits, particularly through the outsourcing of clinical development, manufacturing, and basic IT functions. Though we have only just begun to harness the full value these services can bring to the table. From improving sales to streamlining analytics and regulatory affairs, outsourcing has the potential to significantly increase efficiencies across the development lifecycle, with the greatest potential benefits achieved in downstream commercial functions.

Sourcing Meets Humanity: IAOP PULSE Outsourcing Magazine

SOURCING MEETS HUMANITY MEETS GOOD BUSINESS

This business process service delivery model provides quality and cost at parity with traditional BPO services but with optimized enhancements. These include a qualified, trained, untapped talent pool with skill sets aligned to match client needs; lower attrition rates and higher corresponding levels of employee engagement; and opportunities to fulfill corporate social responsibility and diversity objectives while operating within a traditional BPO framework.

Cost Savings: IAOP PULSE Outsourcing Magazine

MORE THAN JUST COST SAVINGS: OUTSOURCING AS PART OF YOUR STRATEGIC VISION

Traditionally, IT outsourcing has been viewed merely as a cost-saving tactic, but nowadays, IT outsourcing has become a more strategic and an effective business strategy that brings added-value to the organisation. Due to latest emerging technology trends, companies are looking for speedier, more efficient and agile delivery of services that enable business transformation. This could have a profound influence on the way IT and business executives see the role of outsourcing in enabling organisations to transform their business into a digital one.

KPMG Podcast: IAOP PULSE Outsourcing Magazine

ADVICE WORTH KEEPING – PODCAST SERIES – KPMG MANAGEMENT CONSULTING

Most enterprises that outsource service delivery to a third-party service provider have in place a center of excellence (CoE.) These CoEs typically focus on streamlining processes and governing how the two parties’ complementary skills and resources should work together to drive outsourcing excellence. But when digital labor enters into the contractual agreement between the buyer and the provider, a considerably different shape, form and flavor of governance – what we call a digital labor CoE – is required to effectively address the expanded universe of involved stakeholders and risk and control issues.

Roadmap Kate Vitasek: IAOP PULSE Outsourcing Magazine

A ROADMAP FOR THE OUTSOURCING JOURNEY

Achieving real and productive collaboration with your outsourcing partners requires hard work and a framework for designing and implementing long-term outsourcing relationships based on innovation and the achievement of mutual goals. Extensive research by the University of Tennessee resulted in the development of a new, hybrid outcome-based business model researchers coined as “Vested Outsourcing” or Vested for short. The research led to the book Vested Outsourcing: Five Rules That Will Transform Outsourcing, which outlines the need for a new, modern way to outsource based on trust, collaboration, and working together to achieve mutually beneficial goals.

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