{"id":4584,"date":"2008-04-11T14:05:00","date_gmt":"2008-04-11T14:05:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/is-the-sub-prime-lending-crisis-placing-outsourcing-engagements-on-the-backburner-or-providing-an-impetus-to-proceed-faster\/"},"modified":"2008-04-11T14:05:00","modified_gmt":"2008-04-11T14:05:00","slug":"is-the-sub-prime-lending-crisis-placing-outsourcing-engagements-on-the-backburner-or-providing-an-impetus-to-proceed-faster","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/is-the-sub-prime-lending-crisis-placing-outsourcing-engagements-on-the-backburner-or-providing-an-impetus-to-proceed-faster\/","title":{"rendered":"Is the sub-prime lending crisis placing outsourcing engagements on the backburner, or providing an impetus to proceed faster?"},"content":{"rendered":"

\"Subprime\"UBS has shelved their planned HRO engagement<\/a> with ACS<\/a> and IBM<\/a> as a result of its issues with the sub-prime lending crisis, the economy and their internal business uncertainty.  Like the recent Starbucks cancellation<\/a> of their HRO engagement, plans have been waylaid to progress into a major HRO implementation due to changes in the business, as opposed to any operational issues.<\/p>\n

What concerns me is the level of short-term-ism<\/em> that some companies are currently adopting, with their looking only at the next quarter, as opposed to the longer-term picture.  I do believe this crisis will provide the outsourcing industry with a mixed-bag of opportunities, with some firms viewing the bigger picture and moving more aggressively into outsourcing initiatives, and others, like UBS, deferring decisions over long-term initiatives such as HRO, as they monitor the current economic situation and figure out their survival tactics.  Surely this is a perfect time to embrace changes to your business that will drive lower operating costs and new ways of doing things?  I’d be interested in your views….<\/p>\n","protected":false},"excerpt":{"rendered":"

UBS has shelved their planned HRO engagement with ACS and IBM as a result of its issues with the sub-prime…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,79,81],"tags":[],"organization":[],"ppma_author":[19],"class_list":["post-4584","post","type-post","status-publish","format-standard","hentry","category-business-process-outsourcing-bpo","category-hr-outsourcing","category-it-outsourcing-it-services"],"yoast_head":"\nIs the sub-prime lending crisis placing outsourcing engagements on the backburner, or providing an impetus to proceed faster? - Horses for Sources | No Boundaries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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