article thumbnail

05/06/2015: The Dangers of Outsourcing

Plan B Consulting

This week I have been in Oman helping a retail organisation develop their business continuity. Having been in Dubai in the autumn and Oman at the moment, it got me thinking about outsourcing and how we deal with it as part of business continuity development. What steps can you take to ensure that this does not happen?

article thumbnail

05/06/2015: The Dangers of Outsourcing

Plan B Consulting

This week I have been in Oman helping a retail organisation develop their business continuity. Having been in Dubai in the autumn and Oman at the moment, it got me thinking about outsourcing and how we deal with it as part of business continuity development. What steps can you take to ensure that this does not happen?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Great Resignation and IT Employees: Where Do Things Stand Today?

NexusTek

Retooling your IT retention strategies is certainly a timely idea, and an option that you might not have considered is outsourcing a portion of your IT management to a managed services provider (MSP). Retail sector wages are rising due to higher employee turnover and e-commerce demand. link] Booz, M. 2018, March 15). link] (2021).

article thumbnail

Why the Break-fix Model Doesn’t Work

Online Computers

You might be able to find a sale, but more than likely, you’ll end up paying the full retail price. Your IT department or outsourced MSP typically handles these concerns. Have you thought about hiring an IT professional or outsourcing those duties? This puts you at the mercy of whatever the items costs the moment you need it.

article thumbnail

Important KPIs for Successful Vendor Management

Reciprocity

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. This will give you insight into the vendor’s risk management solutions and its ability to provide the data you need to monitor vendor performance. What Are the Most Common Vendor Risks? Cybersecurity.

article thumbnail

Tips for Managing Third-Party Risk in Health Care

Reciprocity

Does the vendor outsource any IT services to fourth parties that can increase risk exposure? Does the vendor perform penetration testing and vulnerability scans? Are vendor employees trained in cyber defense? Who is primarily responsible for IT decision-making in the vendor’s organization?

article thumbnail

33 Data Privacy Week Comments from Industry Experts in 2023

Solutions Review

On top of that, these suppliers themselves outsource their material to second-tier suppliers. Privacy and security concerns increasingly impact multiple vertical markets, including finance, government, healthcare and life sciences, telecommunications, IT, online retail, and others, as they quickly outgrow legacy data storage architectures.