Smart Resourcing for Growing Businesses - PowerPoint PPT Presentation

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Smart Resourcing for Growing Businesses

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The benefits of Smart Resourcing allows you to increase your staff resources and at the same time reduce your costs by 40% - 70%. Big business has been investing heavily in Outsourcing, Offshoring and BPO for over 15 years and now a similar but improved model is available from Potentiam to small and medium sized businesses. – PowerPoint PPT presentation

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Title: Smart Resourcing for Growing Businesses


1
  • Smart Resourcing for Growing Businesses
  • Published by https//www.potentiam.co.uk/

2
  • Introduction
  • There is a body of research that suggests many
    outsourcing deals are not delivering the benefits
    expected by client organisations.
  • Common themes centre on a mixture of unexpected
    costs and issues surrounding the relationship.
    Yet despite these well publicised challenges
    there remains a significant client investment in
    outsourcing. In fact, the move towards
    outsourcing more core or strategic elements of
    the business coupled with the growing importance
    of greater collaboration with outsourcers is
    viewed as a way to achieve greater flexibility
    and agility. Checkout www.potentiam.co.uk for
    more info.
  • These challenges and developments suggest that
    outsourcing continues to be viewed overall as
    significant in the realisation of business goals
    and strategies although there are many who are
    currently in existing outsourcing arrangements
    that are failing to deliver the benefits
    expected.
  • It is our belief that outsourcing can be an
    effective strategy however there are a number of
    aspects that have to be understood and actively
    managed both from the outset and throughout the
    life of the contract to realise the expected
    benefit for the clients' business.

3
  • The right blend of ingredients
  • Having the right ingredients alone is not enough
    to form the basis of a successful recipe
  • Any memorable gastronomic experience has behind
    it an exact blend of quality ingredients and
    other elements including skills, experience,
    preparation, timing, tools and monitoring to
    ensure the delivery of a successful outcome for
    the customer. At Aurora Partners we believe the
    same can be said of outsourcing.
  • The objective of this article is not to describe
    an end to end process for outsourcing after all
    there are plenty of articles about that. It is
    looking to explore, from a client perspective,
    those aspects of the "outsourcing recipe" that we
    know from experience are often overlooked or
    undervalued and yet we believe are critical in
    terms of delivering the required value throughout
    the term of the contract. Do you want to learn
    more? Visit https//www.potentiam.co.uk/bpo.
  • Looking at these aspects in more detail will help
    those involved in the procurement and management
    of outsourcing to better understand their
    existing outsource challenges and provide some
    insight into how to improve the successful
    prospects of future outsourcing ventures.

4
  • Having said this is not an end to end guide to
    outsourcing it is important however to provide
    some context. The outsourcing process can be
    broken down into 3 key stages Business Case
    Development, Tendering Selection and Managing
    the Contract.
  • Creating the right conditions
  • At the outset it is important to ensure the right
    "conditions" are created so it's worth recapping
    on a few basic outsourcing principles
  • Understand what your organisation expects to
    achieve through outsourcing and what services it
    is planning to outsource
  • Cost saving is one driver for outsourcing but
    many organisations also outsource to obtain
    access to skills, drive innovation and to manage
    complexity/scalability more effectively
  • Outsourcing is typically more attractive and less
    complex for routine/repeatable activities or
    commoditised services.
  • Outsourcing those aspects of the business that
    are considered core, critical or strategic
    carries with it a high impact associated with any
    failure. This type of outsource requires a higher
    risk profile to be understood and managed and
    requires a more mature, collaborative based
    approach.

5
  • Ensure that the business requirements, and how
    systems and capabilities can be leveraged, are
    clearly understood as this is essential to
    defining the service, the appropriate service
    levels, contract clauses and ultimately the price
    of the contract.
  • Recognise that the business strategy and
    technological developments may change during the
    term of the contract and therefore there is a
    need to build in the appropriate level of
    flexibility and responsiveness into the contract
    to avoid excessive cost through subsequent
    changes.
  • Understand the benefits and drawbacks of
    different contract lengths
  • Current trends are towards a business outcomes
    based approach with shorter deals that are more
    focused and managed more closely
  • Any outsource inevitably results in losing
    knowledge/experience to the outsourcer making it
    difficult and risky to move to another provider
    or back in-house later
  • If the business or service requirement is not
    sufficiently understood then the right conditions
    for success will not be created. A clear
    understanding of the requirement enables the
    development of an optimum balance between
    Quality, Cost and Control. Do you want to learn
    more? Visit https//www.potentiam.co.uk/outsourcin
    g-companies.

6
  • Summary
  • The benefits of Smart Resourcing allows you to
    increase your staff resources and at the same
    time reduce your costs by 40 - 70. Big business
    has been investing heavily in Outsourcing,
    Offshoring and BPO for over 15 years and now a
    similar but improved model is available from
    Potentiam to small and medium sized businesses.
  •  
  •  
  • Visit this site to learn more https//www.potenti
    am.co.uk/outsourcing
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