Bsb115 Vdb 1

In: Business and Management

Submitted By dollloll
Words 867
Pages 4
Current Media Report
December 2015
Assessment Item 1
BSB115 - Management
Holly Skinner
N8794511

Business:
Product:

It Fits!
Online Bespoke Tailoring Company

It Fits! Mission Statement:
Our purpose is to value societies individual dress sizes through the use of online bespoke tailoring utilising high quality sustainable materials while valuing employee diversity to tap into a rich talent pool and help people work to their full potential.

2

Introduction
A recent article published in the Sydney Morning Herald (SMH) has commented on the problems that can emerge when outsourcing is driven by a cost-cutting obsession, noting that companies may forget about the value of hiring permanent employees. The article made reference to It Fits!, suggesting there was an excessive amount of outsourced labour. This report will highlight the key points of the article; further investigate the both negative and positive aspects of outsourcing, analysis the significance of these in relation to the sustainability of It Fits! Operations, and discuss any possible implications caused by the article.

Summary of the issue
Outsourcing is now a strategic choice for many companies and a continuing issue for managers and consultants. The transfer, negotiation and ongoing management of outsourced contracts all demand a great deal of people management.
The SMH article mentioned the grievance of our Technology Manager (TM), working on the Operating System Upgrade and Implementation Project; a critical view has been applied as this team is primarily specialist IT Contractors.
TM reported that the team’s main objective is to prolong the project, in order to extend their individual contracts; also commenting on the possibility of contractors abandoning the project opportunities more financially enticing “taking valuable project knowledge and skills, and…...

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