Offshoring and Outsourcing: Aston Martin Global Holdings PLC Analysis

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Added on  2023/02/01

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This report provides a comprehensive analysis of offshoring and outsourcing practices, focusing on the Aston Martin Lagonda Global Holdings PLC. The report begins by defining offshoring and outsourcing, highlighting their significance in the context of globalization. It explores the benefits and risks associated with these strategies, supported by a survey conducted to gather data on the understanding and implications of these concepts. The findings indicate that offshoring and outsourcing are crucial for business expansion, but come with inherent risks that must be managed. The report concludes with recommendations for Aston Martin, emphasizing the importance of decision-making, risk management, and effective performance and compliance measures. This report aims to provide insights into the strategic use of offshoring and outsourcing and to provide a practical framework for businesses to manage associated challenges.
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Research Project
(“To investigate the benefits
and the risks of offshoring and
outsourcing on business
operations of an organisation”.
A study on Aston Martin
Lagonda Global Holdings
plc. )
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Cover Content
Introduction
Aims and Objectives
Findings
Conclusion
Recommendation
Reflection
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INTRODUCTION
Globalisation refers as an essential process of
interaction and integration between
companies, governments and people of various
nations. It is the spread of technology,
products, jobs and information across national
cultures and borders.
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Research Aims and Objectives
To investigate the benefits and the risks of
offshoring and outsourcing on business
operations of an organisation”. A study on Aston
Martin Lagonda Global Holdings plc.
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Continue.
To study about the concept of offshoring and
outsourcing.
To analysis the benefits and the risks of offshoring
and outsourcing on business operations of Aston
Martin Lagonda Global Holdings plc.
Recommend different ways through which risks of
offshoring and outsourcing can be overcome by the
Aston Martin Lagonda Global Holdings plc.
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Findings
(Theme 1: Knowledge about
the concept of offshoring and
outsourcing)
Q1) Are you have knowledge about the concept of
offshoring and outsourcing?
Frequency
a) Yes 45
b) No 15
a) Yes b) No
0
10
20
30
40
50 45
15 Frequency
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Theme 2: Implication of
globalisation
Q2) Does outsourcing and offshoring is a main
implication of globalisation?
Frequency
a) Yes 50
b) No 10
a) Yes b) No
0
5
10
15
20
25
30
35
40
45
50
50
10
Frequency
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Conclusion
From the above mentioned, it has been concluded that
the offshoring and outsourcing are different concept
that help an organisation in expansion of its
operations at global level. Outsourcing and
offshoring must have risks and benefits which highly
impacted on business operations of an organisation.
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Recommendation
Company should follow Decision-Making and
Risk Management Process.
Aston Martin should follows Effective and
efficient performance and compliance which help
them controlling and monitoring performance
risks.
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Self Reflection
Primary and secondary are consider main
sources of data collection which is used by me
to gather proper information related to the
study. Under primary researcher, I am only
focused on questionnaire because it give
reliable and valid data about the topic.
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