Outsourcing And Hrm Management Report

3354 Words Nov 20th, 2014 14 Pages
Contents
1.0 Executive Summary………………………………………………………………………………………………..4
2.0 Introduction……………………………………………………………………………………………………………4
3.0 Literature Review……………………………………………………………………………………………………4
4.0 Company Backgrounds……………………………………………………………………………………………5
4.1 Danske Bank………………………………………………………………………………………………..6
4.2 IBM………………………………………………………………………………………………………………7
4.3 ITC InfoTech…………………………………………………………………………………………………7
5.0 External Business Environment……………………………………………………………………………....8
6.0 Human Resource Challenges and Opportunities …………………………………………………….9
6.1 HR Challenges………………………………………………………………………………………………9
6.2 HR Opportunities…………………………………………………………………………………………9
7.0 Strategic HRM and Planning…………………………………………………………………………………..10
8.0 Culture…………………………………………………………………………………………………………………..11
9.0 Finance………………………………………………………………………………………………………………….11
10.0 Conclusion………………………………………………………………………………………………………..12
11.0 Appendices……………………………………………………………………………………………………….
12.0 References ……………………………………………………………………………………………………….

Outsourcing and HRM Management
1.0 Executive Summary
Outsourcing has been a growing, demanding aspect of human resources for businesses for over two decades. Affectively companies use this strategy to cut costs, by shipping their business process outsourcing to another company mainly overseas like China or India. Companies use foreign companies to save money, the employees work for less salary and the company is able to focus on other aspects to better…
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