Outsourcing (Australia) essays

Outsourcing (Australia) essays Kraut t a new idea. He sees the concept of outsourcing as an ever-changing process, and notes how we as individuals outsource the things we cannot do ourselves or are too busy to do...Just like companies... The work of Peters, Greer Outsourcing has fostered the concept of core activities staying within an organisation (Domberger 1998). According to the Australian Government Publishing Service (1996), outsourcing is when an organisation opts to have an activity or function performed for them by an external agency, which has overall responsibility for the activity. Directly related to core competency in outsourcing is the desire for increased efficiency. Similarly, Ivancevich (1998) defines outsourcing as the practice of hiring another firm to complete work that is important and must be done efficiently. Mike Johnson (1997) agrees, saying a manager should find the most practical, productive, cost-effective source to getting a job done, a product made, an idea developed. Outsourcing is becoming increasingly important in a constantly changing economy. The Australian Outsourcing Summit 2000 focused on this importance, and on the emergence of outsourcing as a powerful tool for transforming organisations and driving innovation (Corbett 2000). Managers, in searching for ways to streamline th...