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Outsourcing Management Functions for the Acquisition of Federal Facilities
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The literature on business management has been focused on the reengineering of business processes in the context of the financial, management, time, and staff- ing constraints of private enterprise. The underlying premises of business process reengineering are: (1) the essential areas of expertise, or core competencies, of an organization should be limited to a few activities that are central to its current focus and future profitability, or bottom line; and (2) because managerial time and resources are limited, they should be concentrated on the organization’s core competencies. Additional functions can be retained within the organization, or in-house, to keep competitors from learning, taking over, bypassing, or eroding the organization’s core business expertise. Routine or noncore elements of the business can be contracted out, or outsourced, to external entities that specialize in those services.
National Research Council - Personal Name
0-309-51281-6,
NONE
Management
English
2000
1-149
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