In or out? (Outsourcing)

Strategic Direction

ISSN: 0258-0543

Article publication date: 23 May 2008

Keywords

Citation

Taplin, R. (2008), "In or out? (Outsourcing)", Strategic Direction, Vol. 24 No. 7. https://doi.org/10.1108/sd.2008.05624gad.006

Publisher

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Emerald Group Publishing Limited

Copyright © 2008, Emerald Group Publishing Limited


In or out? (Outsourcing)

Article Type: From: Strategic Direction, Volume 24, Issue 7.

Taplin R., Fry G. Banking Technology, December 2007/Jan 2008, Start page: 18, No. of pages: 3

Purpose To consider the broader costs and benefits of outsourcing. Design/approach/methodology Summarizes major points in the published survey edited by Taplin entitled: “Outsourcing and human resources management: an international survey”. Looks at insourcing and operations management, considerations when outsourcing and presents a decision matrix of ten “critical business issues”. Findings Finds that the problems and risks of operations do not pass to the outsourcer, but have to be managed inhouse. Proposes hiring a specialist team to work inhouse when there are work crises, at a lower cost than hiring and training new workers. Demonstrates many weakness in poorly constructed outsourcings. Practical implications Asserts banks should obtain hit teams for specialist problems from specialist agencies. Originality/value Presents a review of the authors’ own book, leaving open the practicality of having a highly trained team on an agency’s books able to move into a rival bank. ISSN: 0266-0865 Reference: 37AE271

Keywords: Banks, Cost-benefit analysis, Outsourcing