The Future of Outsourcing Essay - 1615 Words

The Future of Outsourcing In this extremely technically diverse twenty first century, where businesses have become able to meet more and more of the needs of people and other businesses, it is often amazing to think of all the individually operating parts which together make the business a success. Often if even one part of that great machine falters, progress is halted. Thus it is crucial to any company to be as healthy and efficient as possible. As demands for flexibility for customers and increased profit for administration continue to grow, more and more businesses are turning to outsourcing for the creation of certain products and services. This is one way to alleviate pressure from businesses workers, allowing them to do their†¦show more content†¦Despite his enthusiasm about not being laid off, Joseph’s workload had increased ten fold in response to the company trying to sustain its present levels of product production and customer satisfaction despite now empl oying only three quarters of the work force it formally had. Joseph is working longer hours, thus spending less time with his family and getting less sleep. His general impression of his job (employee satisfaction) is quickly dropping. All this contributes to his decreasing quality of work. Thankfully, after a few months, Joseph’s good friend Bill (who has a strong hand in how things work at Microsoft) notices Joseph’s declining quality of work and general unhappiness and decides to make some changes. They decide to outsource many of the more menial jobs that were once performed by lower level employees; those jobs which coincidentally now are the responsibility of Joseph. With these other tasks taken care of elsewhere, Joseph is back to enjoying his job and designing some of the highest quality product produced by the Microsoft Corporation. It is clear from this scenario how employee satisfaction plays a large role in overall company efficiency as well. When a business makes the decision to outsource there are numerous factions affected. First and foremost is the person or team from within the company who are charged with the task of deciding who they will choose to outsource them. They are termed the â€Å"buyers†. Being a buyer is perhaps one of theShow MoreRelatedFuture Of Pharmacovigilance ( Pv ) Outsourcing India Essay1318 Words   |  6 PagesFuture of Pharmacovigilance (PV) Outsourcing in India Abstract Over the past few decades, many high-profile drug recalls, regulatory authority warnings and negative media impact have caused monetary losses and tarnishing of the image of pharmaceutical companies. Consequently, these companies have invested heavily on PV systems. For a pharmaceutical company, setting up a PV system in-house is not always cost effective and finding qualified and trained resources is a huge challenge. Thus, these companiesRead MoreEvaluating Globshop s Management Of Outsourcing And The Future Challenges871 Words   |  4 Pages Critically analyse Globshop’s management of outsourcing and the future challenges. Will they be successful? Why or why not? 8150842 Digital Transformation of Business and Society Case 3: Global Software Outsourcing Brian Nicholson 30 April, 2015 1. 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