Outsourcing should be Core to Business Strategy - Study

According to a recent Gartner report, outsourcing has become an integral part of usual business practice. However, the report claims that many organizations employ outsourcing services without a clear and coordinated strategy. The report calls for a new approach of “Multisourcing” to maximize the benefit from outsourcing.
The research firm has highlighted several ways to transform the outsourcing strategy. Firstly, decisions pertaining to outsourcing should be a part of the core business strategy. In most organization outsourcing decisions are made separately and thus very often culminate into incompatible relationships. Secondly, all outsourced services should be coordinated with other in-house business practices to maximize the benefit. Lastly, the outsourcing relationships should not be considered static partnerships. Dynamism in the relationship with the provider will help in customizing the service to specific needs.
The study proposes that a new perspective in dealing with outsourcing will improve the utility of outsourcing as a tool. As an increasing number of companies are using outsourcing, its strategic handling becomes an important aspect of business.

for more visit www.Gartner .com