Outsourcing for extra sources

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Outsourcing Examples: Companies That Outsourced to Fuel Growth

Outsourcing Examples: Companies That Outsourced to Fuel Growthbiz30.timedoctor.com


Outsourcing for extra sources


Making business grow and successful are the ultimate end goals of every company. Business owners use different strategies to achieve it. One way of doing so is hiring professionals to come up with more advance techniques to make the goal of success easier. According to Reynolds (2019) outsourcing is the arrangement in which one company contracts with another organization to provide services that could be provided by company employees or simply  involves hiring remote workers to do specific task for the organization. It brings in a number of benefits for a company since it is convenient, cost effective and efficient. 


The Biggest Cyber Security Risks In 2022 

The Biggest Cyber Security Risks In 2022forbes.com 


In this digital era, information technology plays a big role in an institution, company or organization. Since it involves information, access, transfer and processing of data from daily appointments or activities of employees and clients, it must secure its IT security to prevent manipulation and maintain authenticity of data and systems by unauthorized third parties and protected against damage and threats.


The question lies if should an organization outsource its IT security?

The answer depends on the capacity of the organization to establish an IT security, these may include priority, resources, skills, expertise and knowledge about the system. Being someone who works in an institution where patient’s confidentiality is a top priority, IT security should be accessible only to a limited authorized persons internally. It might cost a huge amount of expenses but it will produce trust and confidence to its clients who values his confidentiality. 


The issues that were involved when you turnover security to an outside organizations according to Reynolds (2010) includes the following:


1. quality problems

             - when you outsource to another company, you completely loss control over its labor and  manufacturing hence may result to a lower-quality products.


2.legal issues 

        - the details of the outsourcing arrangement are documented through a formal contract. Ending the contract prematurely may generate expensive legal fees.


3. negative impact on customer relationship and satisfaction

          - outsourcing can greatly reduce the amount of direct communication between a company and its customer. This prevents a company from building strong relationship with customers and often leads to dissatisfaction of both sides.


4. data security 

        - fear of hacking or data breaches can lead to a major loss of trust and relationships with clients


5. integrity and confidentiality issues 

       - when an organization or company outsource, transfer data and reports can cause logistical problems that can challenge data integrity.


In case IT security is outsourced, the organization will address these issues by primarily choosing a competent outsourcer, instituting a security risk management policy and adopt a system of technical safeguards and protocols that would protect sensitive data and valuable software.


References: 


  1. What is IT security, and why is IT security so important? Retrieved from https://www.hornetsecurity.com/en/knowledge-base/it-security/?_adin=02021864894
  2. Reynolds,G.W. (2010). Information Technology Management. Cengage Learning.
  3. What are the pros and cons of outsourcing IT security? Retrieved from https://www.techtarget.com/searchsecurity/answer/What-are-the-pros-and-cons-of-outsourcing-IT-security?
  4. Outsourcing Companies: Your Ultimate Business Hack to Achieving Company Success Retrieved 15 November 2021 from https://outsource-philippines.com/outsourcing-companies-definition-tips/
  5. 10 Problems of outsourcing and ways how they solve them.Retrieved 6 August 2021 from https://diceus.com/problems-of-outsourcing/ 10 problems of outsourcing and ways how to solve them

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