This Week's Herman Trend Alert

Driverless Vehicles Will
Change our Lives

 

  The Herman Trend Alert

February 15, 2000

Outsourcing Will Increase

320 days until January 1, 2001

For various reasons, employers will outsource more and more tasks customarily performed by regular employees. Corporations, not-for-profits, government agencies, and educational institutions are all climbing on this bandwagon.

Part of the impetus comes from the labor shortage. When you can't find the people to staff a particular function, it becomes prudent to simply outsource the function and put the problem in someone else's lap. If another function needs a lot of staffing during certain periods, but not during other times, letting an outside contractor worry about adjusting to the fluctuations makes sense. If high levels of expertise or specialization are needed, contracting with a firm staffed by experts assures support by people who know what they're doing.

With these rationales, and others, in mind, employers are finding more and more tasks to outsource. With support functions handled by outsiders, leaders can concentrate their energies and resources on the organization's principal work. The intensified focus on the core business facilitates greater return on investment, greater return on resources.

Security, maintenance, transportation, and in-house food services are typical outsourced functions. More employers are outsourcing payroll, benefits administration, records management, training, and even employment and exit interviewing. Management information systems (MIS), shipping and receiving (including mailroom operations), and helpdesk services are hot industries for outsourcing and insourcing (placing outside employees inside the client workplace). A number of employers outsource the entire workforce through employee leasing.

While these moves benefit the employer, there's another side to this picture. The expansion of the outsourcing/insourcing practice stimulates the growth of emerging industries of providers of the services being contracted. As new firms are formed to provide assistance ranging from concierge services to leased executives, creative approaches to doing business are developed. Some of the new firms are virtual, some are home-based, all are relatively agile and highly responsive to clients, trends, and technology.

This developing sector of our economy will grow rapidly, moving at different speeds through the maturation process. Most businesses of this type will undergo constant change, continually evolving, defying static descriptions and consolidation. This arena will be fluid for quite a while.

Invitation: You are invited to participate in a survey on workplace and workforce issues. It will just take a few minutes and we'll reward you with a free gift. Just go to www.herman.net/survey.html. Thanks!


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3548 or http://www.hermangroup.com. To sign up, visit http://www.HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

READY TO MOVE BEYOND YOUR SELF-IMPOSED LIMITATIONS?
Using the HealThruWords® method, the ReWireTM Program is dedicated to empowering leaders through the science-proven principles of Heartfulness. Join a select group of like-minded executives searching to live fulfilled and powerful lives and in turn, lead others to accomplish their professional and personal dreams and goals. Start your journey towards Positive ReEvolution here: https://healthruwords.com/empowering-corporate/a/14/

TAKE THE STING OUT OF BIG SURPRISE EXPENSES
My good friend, Belinda Rosenblum, wealth expert and money coach extraordinaire, just sent me over a little tool that is going to save A LOT of people from those big money "surprises" that can leave you scrambling and having to pull out your emergency credit card. This sweet little download is free! Grab your copy here, and while you're at it, watch the great video that shows you how to use it. https://ownyourmoney.isrefer.com/go/MMA1/OYMAFJG/

DO YOU NEED A DIGITAL ANGEL?
What if there were a person you could contact whenever you needed digital help who wouldn't cost the $90/hour you would typically pay? Available via email and Skype, this English-speaking Wizard of Bits and Bytes will have your website working well in no time and even help you with social media. For more information, email raees@thewebsmith.co or find him on Skype at raeesiqbal94.

To read this Herman Trend Alert on the web: http:// www.hermangroup.com/alert/archive_6-22-2016.html.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 87 countries, including other websites and printed periodicals. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service. Click here to sign up for the Herman Trend Alert.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home About Products Resources Media ]

 

7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3547
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com


  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.