TY - GEN
T1 - Systemic risk of outsourcing
AU - Jimmy Gandhi, S.
AU - Gorod, Alex
AU - Mansouri, Mo
AU - Sauser, Brian
PY - 2009
Y1 - 2009
N2 - Due to globalization, outsourcing is a business model that is being implemented increasingly in the last decade. This trend is also occurring because of increasing pressure on U.S. organizations to deliver better value to its stakeholders. However, there are several risks associated with outsourcing and the traditional approach until recently has been to address these risks individually. Most organizations involved in outsourcing identify the risks and have plans in place on how to mitigate these risks if they were to occur individually. However, this approach is not sufficient because it does not deliver the expected value from the outsourcing projects. Hence in this paper, we introduce a new process which helps us to understand the holistic picture which would include the outsourcing risks and the interactions between them and thus understand the concept of systemic risk. Copyright
AB - Due to globalization, outsourcing is a business model that is being implemented increasingly in the last decade. This trend is also occurring because of increasing pressure on U.S. organizations to deliver better value to its stakeholders. However, there are several risks associated with outsourcing and the traditional approach until recently has been to address these risks individually. Most organizations involved in outsourcing identify the risks and have plans in place on how to mitigate these risks if they were to occur individually. However, this approach is not sufficient because it does not deliver the expected value from the outsourcing projects. Hence in this paper, we introduce a new process which helps us to understand the holistic picture which would include the outsourcing risks and the interactions between them and thus understand the concept of systemic risk. Copyright
KW - Interconnectedness between risks
KW - Outsourcing
KW - Systemic risk of outsourcing
UR - http://www.scopus.com/inward/record.url?scp=84879870650&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84879870650&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:84879870650
SN - 9781617381058
T3 - 30th Annual National Conference of the American Society for Engineering Management 2009, ASEM 2009
SP - 277
EP - 284
BT - 30th Annual National Conference of the American Society for Engineering Management 2009, ASEM 2009
T2 - 30th Annual National Conference of the American Society for Engineering Management 2009, ASEM 2009
Y2 - 14 October 2009 through 17 October 2009
ER -