“We expect companies to continue repatriating a portion of their IT functions in the near term as a viable approach for quickly building internal knowledge capital and operational flexibility,” said Christopher Stacy, senior associate, Pace Harmon.
Vienna, VA (PRWEB) May 29, 2013
With many global Fortune 500 organizations now considering IT insourcing as part of a thorough reevaluation of the structure and scope of their existing service delivery models, Pace Harmon, a leading outsourcing advisory firm, today published a report titled, “Are You Ready for Insourcing?”
Offering a discussion on key market drivers behind insourcing, as well as best practice advice for charting a path forward and assessing insourcing readiness, the report draws on Pace Harmon’s deep expertise in leading Fortune 500 organizations through major insourcing and outsourcing initiatives. This includes significant experience helping companies improve their operations by striking the right balance of internal process optimization and leveraging strategic outsourcing partners to yield intended efficiencies and competitive advantage.
“We expect companies to continue repatriating a portion of their IT functions in the near term as a viable approach for quickly building internal knowledge capital and operational flexibility,” said Christopher Stacy, senior associate, Pace Harmon. “However, full-fledged insourcing—while certainly attempted by bold leaders like GM—will take some time to prove itself as a viable industry model.”
Per the report, Pace Harmon advises companies that currently outsource to review the value proposition offered by their delivery partners and assess the role and position of their IT function within the organization. If insourcing is determined to be a potential future strategy, a comprehensive feasibility analysis should be performed. As such, a “Top 10 Insourcing Considerations” list is included in the report to help companies assess key factors such as the business case, contractual barriers, technical complexity and schedule of transition, as well as facility space, technology infrastructure and process maturity. These preparatory steps, among others, will maximize the chances of success in transition and will enable in-house service delivery that meets the expectations of the organization.
About Pace Harmon
Pace Harmon is an outsourcing advisory services firm providing guidance on complex outsourcing and strategic sourcing transactions, process optimization, and supplier program management. Founded in 2003 and headquartered in Tysons Corner, Va., Pace Harmon provides pragmatic and insightful advice that helps its client base of Fortune 500 and other large enterprises maximize the benefits achieved from their mission-critical supplier relationships. For more information, please visit http://www.paceharmon.com.