Outsourcing originated in the manufacturing sector but has spread and is growing widely in the service sector. 80% of Fortune 500 organizations outsource into a $386 billion annual market. Most outsourcing has been done by larger firms yet small and medium-sized organizations can take advantage of outsourcing to enhance their competitive advantage.   what are the HR challenges that come with the strategy to outsource?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Outsourcing originated in the manufacturing sector but has spread and is growing widely in the service sector. 80% of Fortune 500 organizations outsource into a $386 billion annual market. Most outsourcing has been done by larger firms yet small and medium-sized organizations can take advantage of outsourcing to enhance their competitive advantage.

 

what are the HR challenges that come with the strategy to outsource?  If you were the HR director in a company that decided to outsource 40% of its domestic workforce, how would you handle the shock and ramifications that would surely follow?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON