Implementing Strategic Sourcing - Essay Example

Summary of Research Paper Perceived Benefits of Outsourcing Outsourcing allows an organization to invest in services only when they require such services, a factor that translates into a form of control on the budget. Organizations that rely on outsourcing have an evident advantage because they do not need to focus ion offering training to employees. This is the role of the service providers hen an organization decides to outsource. Therefore, the organization can focus on other aspects of the business, yet access quality services from service providers in the market.

Outsourcing is an emerging critical concept that provides organizations with the right kind of assistance, enabling them to conduct business within their competency level, while not having to handle issues related with employee incompetence. Case studies presentedCiscoCisco, a renowned leader in ensuring a high level of global connectivity, collaboration and augmenting communication channels has grown to a level of 73000 employees, and the organization operates on a global front. The company has registered remarkable progress in its bid to use innovation to transform the means of communication and internet connectivity.

The company resolved to focus on reinventing its corporate culture, and overview of its financial services. Considering its global operations, it encountered challenges in ensuring that the cultural and financial aspects of its venture were well addressed, especially because of the pertinent diversity. Therefore, Cisco opted to outsource chief accountants, who would focus on the management of the taxation, statutory requirements and accounting roles (Kling, 2012). As the company diversified into many more nations, it adopted the entity support model, and established a partnership that handled accounting responsibilities and took charge of global operations.

The company has registered smooth running of its operations and effective finance managements as well as successful global operations.Microsoft Microsoft also faced certain challenges in its bid to ensure proper operational management. According to the analysis carried out by One Finance, Microsoft needed an expert in service provision. In 2007, the company settled for an outsourcing venture by signing an agreement with Accenture with the service provider handling accounts, procurement, and management of the documents (Krishna, 2011).

This served to solve the challenges that Microsoft was facing, and it has extended the agreement to 2018. Controller workspace and governance workspace are the tools that have served to ensure that Microsoft is satisfied with the efforts of Accenture.Sprint Nextel In 2012, the clientele of Sprint Nextel soared immensely. At first, the company relied on internal solutions to offer al the required services. However, the need for services became overwhelming, a factor that motivated the company establish a partnership with CBRE, a service provider (George, 2013).

After the collaboration, Sprint Nextel has registered an immense growth as it focuses on its competencies.ReferencesGeorge, B. (2013). Innovations in outsourcing: the Sprint Nextel experience. IAOP.Kling, J. (2012). Innovations in outsourcing: the Cisco experience. IAOP.Krishna, S. (2011). Innovations in outsourcing: the Microsoft experience. IAOP.