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Reward good behavior and punish poor performance. Sounds like a commonsense approach to achieving results. And if that tactic works in the chaos of the kindergarten classroom, it seemingly couldn’t hurt in achieving desired outcomes when outsourcing.

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New research by PA Consulting warns that the growing trend for corporates to outsource work to multiple service providers can have a number of pitfalls.

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IT outsourcing provides businesses with instant scalability and service flexibility, as well as reducing overhead costs, according to an expert.

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Reward good behavior and punish poor performance. Sounds like a commonsense approach to achieving results.

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The urgent need for cost savings in the difficult economic climate is fuelling demand for managed IT outsourcing, it has been claimed.

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The global sub prime crisis will force financial institution to offshore more work to cut cost.

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Quantifying the actual cost of bad customer service, loss of intellectual property (IP), loss of intellectual capital (IC) and more can reveal whether outsourcing really is a viable option for your company.

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Extracting better value from an outsourcing relationship also means transforming the organization, not just keeping headcounts.

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Chancellor Alistair Darling’s Budget will lead to increased spending on IT outsourcing as public sector organisations and agencies look to reduce expenditure, according to experts.

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Of course, businesses of all sizes are looking for measures that will help them save money during the current economic recession.

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