Strategy of Outsourcing Assignment
Added on 2021-04-21
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Running head: STRATEGY OF OUTSOURCINGStrategy of outsourcingName of the studentName of the universityAuthor note
1STRATEGY OF OUTSOURCINGExecutive summary The aim of this report is to discuss about the advantages and disadvantages of initiatingoutsourcing in the business operation of Sydney Novatel. The report is being discussed on therecent report of outsourcing of the cleaning service by Sydney Novatel. Various articles arebeing used in order to critically discuss the effectiveness of the outsourcing strategy. In addition,this report also discussed a few recommended steps, which will help in having sustainableimplementation of the outsourcing process in place.
2STRATEGY OF OUTSOURCINGTable of ContentsIntroduction......................................................................................................................................3Advantages of outsourcing..............................................................................................................3Disadvantages of outsourcing..........................................................................................................5Recommended steps........................................................................................................................6Conclusion.......................................................................................................................................7Reference.........................................................................................................................................9Appendix........................................................................................................................................10
3STRATEGY OF OUTSOURCINGIntroduction In the current business scenario, cost cutting is being given the major concentration bythe business organization. This is due to the reason that gaining the cost leadership is importantin order to gain competitive advantages in the market. There are various strategies being initiatedby the business organizations including the outsourcing strategy. The key advantages that can begained by the business organizations are the access to the expert knowledge and less cost andresponsibilities (Dolgui and Proth 2013). This is leading to the increase in the popularity of theconcept of the strategy of outsourcing among the contemporary business organizations.However, initiation of the outsourcing is also having several negative impacts for the businessorganizations. In the recent time, Sydney Novatel initiated to outsource their cleaning service followingthe recommendations given by the accountants. Currently, they are having their own employeesin the cleaning services. Thus, it is important for them to determine the advantages anddisadvantages of the initiation of the outsourcing and design their outsourcing processeffectively. This repot will discuss about the merits and demerits of outsourcing to be faced bySydney Novatel. It will also be discussed that what will be the correct options for them inrelation to the outsourcing. Six articles will be used from the annotated bibliography in order tocritically evaluate the factors of outsourcing. Advantages of outsourcing One of the key advantages to be gained by Sydney Novatel from the initiation of theconcept of outsourcing is the less involvement of cost in the process. This is due to the
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