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Successful contracting for HR outsourcing
2 July 2008:
Prepare well
Understand why you are considering using outsourcing and what you want to achieve. You have many options in approach, and your intent will impact which route you take. Write an outsourcing strategy and share it with your key stakeholders, taking their concerns into account. Most request for proposals (RFP) for global HR outsourcing (HRO) that I've worked on have been written and approved in four weeks or less, due to effective pre-work on an outsourcing strategy.
Get finance on board
You will need a robust economic model, based on both data and appropriate assumptions, which will guide you throughout the project. Your chance of getting an accurate outcome and having your model accepted by the business rises if there is a trusted finance person on the team putting their name against the business case.
Source: HRZone
