Progressive companies moving to Performance-Based Outsourcing
09 Jun 2009
Source: Puchasing.com, 27 May 2009
University of Tennessee research found that progressive companies have evolved to a “next generation” outsourcing model we call Performance-Based Outsourcing (PBO). The heart of the PBO is agreement on “desired outcomes” that explicitly state the results on which both companies will base their outsource contract, with clearly defined financial rewards / penalties.
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