Business Process Management and Outsourcing
Jamila Niazi1, Shantanu Prasad2
1Jamila Niazi, MBA Student, SCMHRD, Symbiosis International Deemed University, Pune (Maharashtra), India.
2Shantanu Prasad, Assistant Professor, SCMHRD, Symbiosis International Deemed University, Pune (Maharashtra), India.
Manuscript received on 10 September 2019 | Revised Manuscript received on 19 September 2019 | Manuscript Published on 11 October 2019 | PP: 469-475 | Volume-8 Issue-11S September 2019 | Retrieval Number: K108009811S19/2019©BEIESP | DOI: 10.35940/ijitee.K1080.09811S19
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This paper investigates to appoint the fundamental information about outsourcing implications and emphasizes the essential gains and drawbacks of this paper. The objective of the work is to picture the impact of outsourcing on organizational performance and profitability through risk management and alyzing, comprehending the factors, which influence the process of outsourcing. Studying the efficiency of organizational performance and analyzing the attitude of companies for their improvement using outsourcing is another objective of this research. The aim of outsourcing in corporate/ industry is to evaluate the improvement in the performance of the organizations that was mentioned by researchers in literature. Researchers had analyzed the outsourcing and its implication as an important strategy of company many years ago. The outcome is established to demonstrate outsourcing framework from different prospective. Performance effects are inquired by level of operating profit, acquiring margin return on shareholders’ capital and diminution in employment cost can be the significance of outsourcing, which have been followed by organizations. The liquidity of companies that increase by passage of time is the indication of profit. Moreover, managing the risk is the essential aspect for earning profitability of the project.
Keywords: Outsourcing, Core Competency, Business Process.
Scope of the Article: Disaster Management