CHAPTER 13 Flashcards

1
Q

A contractual relationship for the provision of business services by an external provider.

A

OUTSOURCING

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2
Q

4 definitions of core competency:

A
  1. TRADITIONALLY PERFORMED INTERNALLY
  2. CRITICAL TO BUSINESS SUCCESS
  3. CREATING CURRENT OR POTENTIAL COMPETITIVE ADVANTAGE
  4. INFLUENCE FUTURE GROWTH
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3
Q

4 steps in preparing for outsourcing:

A
  1. DEVELOP BENCHMARKS AND DATA
  2. DEVELOP CHANGE MANAGEMENT SKILLS
  3. DEVELOP CONTRACT AND PERFORMANCE MANAGEMENT
  4. DEVELOP COMMUNICATION CHANNELS AND SKILLS
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4
Q

Describes the responsibilities to be outsourced and invites potential providers to present their proposal for carrying out the job.

A

REQUEST FOR PROPOSAL

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5
Q

7 criteria for evaluating potential outsourcers:

A
  1. HR PROCESS EXPERTISE
  2. PRIOR EXPERIENCE AND TRACK RECORDS
  3. FINANCIAL STABILITY
  4. SLA AND COMPATIBILITY OF STANDARDIZATION
  5. LEADING-EDGE TECHNOLOGY AND COMMITMENT TO INVEST IN MORE
  6. CULTURAL COMPATIBILITY
  7. READINESS TO INVEST IN TRANSITION MANAGEMENT
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6
Q

2 frequent causes of outsourcing problems:

A
  1. POOR SERVICE DEFINITION
  2. WEAK MANAGEMENT PROCESSES
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