NMIMS SEP 2021 SOLVED ASSIGNMENTS Does XDFL Banks approac

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Managing Business Process Outsourcing

1. Too often, once a project is completed, management attention goes elsewhere, and things revert to the way they were. Often the anticipated benefits are not realized or even audited to see if the goals were reached. If there were benefits, they are often not applied throughout the organization. Many pitfalls can happen when process improvement is attempted one process at a time. It is difficult to tell which processes contribute the most to achieving the business objectives or which process is the critical process to improve. Given the above guidelines, you can provide your suggestions to get maximum benefits from outsourcing projects in terms of process optimization. This will help to manage outsourcing relationships for achieving success.
2. A strategic partnering is the formal alliance between two organizations. It is formalized by a contract where one organization uses the services of another organization to fulfill its objectives. Outsourcing is one form of strategic partnering. With help of suitable examples, explain the strategic partnering and its planning framework.
3 a. Does XDFL Bank's approach on outsourcing give itself an advantage in terms of managing risk better? Justify.
b. What would be the factors on which the success of the outsourcing endeavor of the bank be most dependent on? Explain in brief
For Nmims answersheets contact
[email protected]
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