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Businesses 'outsource to survive' during
recession
Markus Green
- Posted on 16 January 2009
Many businesses are going to begin "outsourcing to survive" during 2009, a group of industry experts have claimed.
In the opinion of Morrison and Foerster's Global Sourcing Group, some firms can use outsourcing as a way to cut short-term costs and it has been a popular solution in previous economic downturns, CBR reports.
However, the service is adapting with the times and new risk and liability provisions are now often being incorporated in contracts between a business and their outsourcing supplier in respect of data loss and the breaching of any security obligations.
For the outsourcing companies themselves, having a large portfolio of clients and maintaining good relationships are the best ways to weather the recession and emerge from the other side in a positive position.
A new wrinkle on outsourcing
Business Week: Steve Hamm: Posted by on September 02
Earlier this year, when I was gathering info for what turned into a cover story about IBM, I asked CEO Sam Palmisano whether IBM would consider handling other companies’ sales operations for them. It made sense to me. IBM’s sales force.... read more
