Authors:
- Addresses backsourcing itself and regrounds the issue in management accounting and control
- Explores management controls around the decision to backsource
- Looks at how cost-focused accounting that initially supported outsourcing tranformed into drivers currently supporting the decision to backsource
- Showcases the evolution of outsourcing controls and their link to the company profit and strategy
Part of the book series: Palgrave Studies in Accounting and Finance Practice (PSAFP)
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Table of contents (6 chapters)
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Front Matter
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Back Matter
About this book
This book provides a new evolutionary perspective on outsourcing. The traditional prioritization of continuous outsourcing has resulted in increased hidden costs that have sabotaged business profits. As a result of undisciplined outsourcing, businesses have lost a defining characteristic of their success: decision control. In contrast, the ability to combine outsourcing with backsourcing is a winning strategy for business leaders across a broad range of industries. In this book, the author traces the essence of the outsourcing industry as it has evolved over the past two centuries. With compelling case studies from the pharmaceutical, aviation, insurance, and cookware industries, this book moves beyond theorizing. It highlights key insights from some of the leading outsourcing pioneers who helped to define the industry. The case studies demonstrate the evolution of outsourcing, from a past marked by a costly outsourcing approach to a future fueled by the diversification of sourcing for optimal business success. Through the provision of decision models and best practices, this book provides academics and practitioners with tangible steps to implement successful outsourcing and backsourcing strategies.
Authors and Affiliations
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Miami, USA
Lazaro A. Mederos
About the author
Lazaro A. Mederos is a global strategy leader and outsourcing executive with more than 20 years of international experience helping businesses thrive. He managed country-wide client engagements with IBM Strategic Outsourcing, and ultimately led an IBM organization comprised of more than 700 resources worldwide. Dr. Mederos is the President of the Board of Directors at the Backsourcing Advisory, a think tank community of global outsourcing leaders. He is also deeply engaged in community outreach to support the development of future business leaders. In recognition of his contributions, he was awarded the United States President’s Volunteer Service Award, as well as the 2018 South Florida Community Leadership Award. Dr. Mederos attained a BBA from Florida International University, USA; MBA from Nova Southeastern University, USA; and a Doctorate of Business Administration from Grenoble École de Management, France.
Bibliographic Information
Book Title: The Future of Outsourcing
Book Subtitle: Strategic Outsourcing Controls and the Backsourcing Evolution
Authors: Lazaro A. Mederos
Series Title: Palgrave Studies in Accounting and Finance Practice
DOI: https://doi.org/10.1007/978-3-030-71407-9
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-71406-2Published: 13 May 2021
Softcover ISBN: 978-3-030-71409-3Published: 14 May 2022
eBook ISBN: 978-3-030-71407-9Published: 12 May 2021
Series ISSN: 2524-8251
Series E-ISSN: 2524-826X
Edition Number: 1
Number of Pages: XI, 223
Number of Illustrations: 1 b/w illustrations, 24 illustrations in colour
Topics: Financial Accounting, Business Finance, Operations Management