MGT 300

TEAMS, PARTNERSHIPS AND ALLIANCES ·          Organizations create and use teams, partnerships and alliances to; -           Undertake new initiatives -           Address both minor and major problems -           Capitalize on significant opportunities ·          Organizations create teams, partnerships and alliances both internally with employees and externally with other organizations ·          Collaboration system – supports the work of teams by facilitating the sharing and flow of information Information partnerships with other organizations ·          Organizations from alliance and partnerships with other organizations based on their core competency -           Core competency – An organization’s key strength, a business function that it does better than any of its competitors -           Core competency strategy – Organization chooses to focus specifically on its core competency and forms partnerships with other organizations to handle no

OUTSOURCING PROJECTS ·          Insourcing (in-house-development) – A common approach using the professional expertise within an organization to develop and maintain the organization’s information technology systems ·          Outsourcing – An arrangement by which one organization provides a service or services for another organization that chooses not to perform them in-house ·          Onshore outsourcing – engaging another company within the same country for services ·          Near shore outsourcing – contracting an outsourcing arrangement with a company in a nearby country ·          Offshore outsourcing – using organizations from developing countries to write code and develop systems ·          Big selling point for offshore outsourcing “inexpensive good work” ·          Factors driving outsourcing growth include; -           Core competencies -           Financial savings -           Rapid growth -