can<\/em> contribute to a strategy that includes the tactic of outsourcing:<\/p>\n–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Scale \u2013 leveraging the size of a service operation<\/p>\n
–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Scope \u2013 using end-to-end process thinking to optimize a service<\/p>\n
–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Quality \u2013 using operating model and relevant metrics to improve the business result<\/p>\n
–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cost \u2013 reducing costs in one of three ways: arbitrage, efficiency, and effectiveness<\/p>\n
–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Control \u2013 using better systems, process, and metrics to improve control of a process<\/p>\n
–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Focus \u2013 reducing (but not eliminating) leadership distraction on non-core business processes<\/p>\n
When working with organizations contemplating outsourcing, I can – and do – spend hours talking about each one of these six business objectives, and how they can be possible motivators in a decision to outsource. Too often though, organizations turn to outsourcing without doing the essential diligence of first establishing the business or functional strategy that brings the right blend of the six potential business benefits of outsourcing into clear focus. That results in misalignment of the sourcing relationship with the business objective and strategy. There are specific and different ways of implementing an outsourcing deal to meet different business objectives. If the specific outsourcing methods and structures are not constantly realigned through the sourcing process, then when the organization strikes a deal, the business objectives have a tendency to be reduced to one: cost. Don\u2019t get me wrong. Everyone loves to save some money, and often the misalignment isn\u2019t felt for the first couple of years. Striking a deal that optimizes cost generally sub-optimizes other aspects. As I like to say, you can have speed, quality or cost; pick any two. This principle applies to the balancing of business objectives in an outsourcing relationship as well.<\/p>\n
To illustrate the point, a study was released last year showing that more than half of the largest 2000 companies in India actually outsource parts of their back office to other Indian service providers, often at a slight price premium. Why? Top answer is focus. Sure, these companies have access to the same low cost labor and could keep the processes in-house, but chose to do so because their business objective is focus. The message here is to spend the time to build strong linkage from the business objective to the business strategy to the outsourcing strategy and finally to the deal structure with an outsourcer. Catastrophe strikes when the strategic misalignment becomes profound enough for the client business to suffer strategic restrictions because their outsourcing relationship was optimized for a different business objective and can\u2019t change fast enough to meet the needs of the business.<\/p>\n
Stay tuned for Part II… which will touch upon the risks of Mutually Assured Distruction<\/em> if a relationship isn’t centered on common business outcomes for both stakeholders<\/span><\/p>\nLee Coulter (pictured) is Research Fellow and Distinguished Analyst for Horses for Sources.\u00a0 Lee supports Horses for Sources’ enterprise customers with their outsourcing and shared services strategies – you can read his fill bio <\/span><\/em>here<\/span><\/em><\/a>.<\/span><\/em><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"Lee Coulter, Research Fellow, Horses for Sources We received a few messages yesterday requesting we stay “provocative and edgy”, now…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,50,81,832],"tags":[404],"organization":[],"ppma_author":[19],"class_list":["post-1721","post","type-post","status-publish","format-standard","hentry","category-business-process-outsourcing-bpo","category-captives-and-shared-services-strategies","category-it-outsourcing-it-services","category-sourcing-best-practises","tag-horses-for-sources"],"yoast_head":"\n
Avoiding sourcing catastrophes, Part I - Horses for Sources | No Boundaries<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n