Understanding Sourcing as a Strategic Business: The Risks and Rewards of Strategic Sourcing and Inter-Firm Alliances In India

Clemons, Eric K.; Reddi, Sashidhar P.; Asif, Saleha

doi:10.1007/978-0-387-36892-4_6

Cited by 1 publication

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“…In agreement with the King Report (Institute of Directors, 2002: 81) recommending 2 that organizations develop a 'demonstrable system of dynamic risk identification as part of their risk management strategy', Naidoo (2002) asserts that the days of intuitive risk management are over and suggests that in future any such endeavours will be considered poor corporate governance practice. Due to ICT risk management becoming a legal matter, rather than just a managerial necessity, Clemons (2003), at a conference on strategic sourcing, asked whether there are any support and monitoring systems available to manage risk and rewards with regard to strategic ICT sourcing. Coles and Moulton (2003) points out that as a rule, traditional ICT risk assessment is approached from within a systems or a business process methodology.…”

Section: Introductionmentioning

confidence: 99%

Guidelines for identifying risk vulnerabilities associated with ICT sourcing

Cachia¹,

Kruger²

2007

SAJBM

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As organizations broaden their organizational boundaries with sourcing practices, it is imperative to identify risk vulnerabilities from a wider perspective than before. Specifically, organizations that make substantial use of ICT suppliers need to understand the risk vulnerabilities associated with ICT sourcing partnerships. Unfortunately, due to vulnerabilities being addressed from different levels of erudition, an inclusive list of risk vulnerabilities, associated with ICT suppliers, does not exist within the ICT industry. This article not only address ICT risk management discrepancies and the importance of ICT supplier management, but in drawing on the collective knowledge contained in diverse sources, two distinct lists containing risk vulnerabilities, from the customer organization’s perspective, are generated, all, in order to accelerate the understanding of exposure when dealing with ICT suppliers.

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Section: Introductionmentioning

confidence: 99%