glendonTodd Capital LLC, a private equity firm that focuses on investments in operating companies and in investments in real estate, announces the acquisition of Toutatis Inc. by glendonTodd Capital LLC and Performa Partners.
Intenational Business Development & Outsourcing News
City may outsource Modesto Centre Plaza management
MODESTO — Three City Council members on Tuesday called for negotiations that could lead to the owners of the DoubleTree Hotel taking over management of Modesto Centre Plaza.
Mayor Garrad Marsh and Councilmen Dave Geer and Joe Muratore, who comprise the Audit Committee, supported the outsourcing option after considering alternatives to improve the bottom line at the center.
Why are ‘progressives’ opposed to outsourcing?
Much has been made of the Obama campaign’s new slogan: “Forward.” Some commentators have noted its similarity to “Lean forward,” the slogan of FOB (friend-of-Obama) cable network MSNBC. Jim Hoft of Gateway Pundit found a historical antecedent for the slogan in a Hitler youth marching tune.
But much as the president and his liberal followers claim to be people of vision who embrace the future—a notion that was also implicit in the Obama campaign’s 2008 slogan “Hope and Change”—in at least one area, so-called progressives are anything but forward-looking. That area is outsourcing.
Outsourcing our secretarial jobs makes no sense at all
I have been employed as a medical secretary by the University Hospitals of Leicester NHS Trust for almost 20 years and I have to say the management are currently treating everyone, including nursing staff – but mainly admin staff – as disposable equipment that they can just toss aside whenever the whim takes them.
A few departments already have some of their letters outsourced to a British company who pay people a set amount per line to type the letters at home.
Vantage Outsourcing Expands Into California
Vantage Outsourcing has cataract outsourcing services in many areas of the United States including the Midwest, North, South, Southeast and Rocky Mountain regions. The cataract outsourcing services include state-of-the-art cataract equipment, intraocular lenses, microsurgical instruments, viscoelastics, custom pack disposables and trained technicians to assist client doctors and surgical teams. With expansion into California, the company grows its presence in the Pacific West region.
Opening up to the idea of outsourcing operations
“The landscape for alternative investments is at an interesting and important inflection point,” says Michael Appenzeller. “Managers as well as investors need to cope with an unprecedented array of change.”
Appenzeller is co-founder of Etops, a service company with offices in Pfäffikon and Bratislava that -specialises in operational solutions for both single managers and organisations running multi-manager portfolios including funds of funds, family offices and private banks.
The Changing Dynamic of the Outsourcing Relationship
Even though business process outsourcing (BPO) continues to grow at a steady clip, with most analysts projecting continued low double-digit growth, some outsourcing initiatives have been unable to garner the necessary support and momentum because of prior, painful outsourcing experiences of CFOs and other key executives. In many such cases, those involved in past outsourcing failures have been reluctant to engage providers again because of the lingering memories (and sometimes constant reminders) of the business interruptions and cost variances.
80 percent of the public do not believe outsourcing helps the British economy
Research commissioned by the National Outsourcing Association (NOA) has revealed that 80 percent of the UK general public do not believe that outsourcing contributes to the economy.
This perception has stemmed from the connotations of outsourcing with cost cutting (67 percent), job losses (53 percent) and offshoring to India (45 percent). Commonly cited examples of outsourcing by the public included a major bank opening a call centre in India and a sports brand setting up a factory in China to manufacture trainers, despite the fact neither involve outsourcing, instead being examples of captive offshoring projects.
Pacifica considers outsourcing police
As Pacifica searches for ways to resolve its $700,000 annual budget deficit, one option, closing the city’s police department and outsourcing that work to the county sheriff, is causing both concern and interest among residents and officials.
When Pacifica’s Financing City Services Task Force floated the idea in December, it was one of several submitted for consideration. Others include a $118 per year parcel tax, a half-cent sales tax increase, or cuts to funding for after-school programs and the Pacifica Resource Center, which provides social services and nutritional assistance to seniors, children and low-income residents.
USF honors Narayana Murthy, hailed as the ‘father of outsourcing’
Hailed as the “father of outsourcing,” Narayana Murthy has some parental advice for international companies using his technology: Be fair and have a good attitude.
As long as there is a fair trade for the jobs that are outsourced to India, then the practice is not the job-destroying menace so many Americans make it out to be, he said.
Driving design excellence in outsourcing
No one can deny how successful the outsourcing industry in the Philippines has become over the years. From employment generator to economic driver, the industry is one of the most active business sectors in the country.
Moody’s Investors Service earlier reported that the country’s growth was expected to accelerate, in part because of the business process outsourcing industry, which accounts for 30 percent of the Philippines’ total export earnings.
AG defends outsourcing legal services
Accounting to the parliamentary Public Accounts Committee (PAC) on Friday, Molokomme said the Attorney General’s Chambers outsources legal services to law firms on the basis of its knowledge of the firm’s capabilities.
She was responding to a question from Tswapong North Member of Parliament, Prince Maele, who wanted to understand the process of outsourcing legal services and whether they have one preferred law firm. Maele wanted to know if it would be possible for law firms to tender to represent government when the need arises.
Costa Mesa continues outsourcing efforts
The Costa Mesa City Council will consider Tuesday whether to outsource five city services, more than a year since the wheels were first set in motion amid furious protests from city workers and local activists.
City staff are recommending Costa Mesa outsource its jail services and street sweeping but keep its animal control, building inspections and video production in-house.
Xerox Named an MPS Leader In New Report
Xerox XRX -0.13% has been positioned as a leader in the May 2012 report: “The Forrester Wave(TM) Managed Print Services (MPS) Q2 2012.” Xerox received this recognition for its MPS offering upon receiving the top vendor ranking in current offering and market presence, and the highest score possible in strategy.
IT-BPO sector sees $27.4-B revenues by ’16
The information-technology business process outsourcing (IT-BPO) industry is looking to revise its 2016 revenue target to a higher $27.4 billion from a previous target of $25 billion as the country is becoming a preferred destination for investments in services and continues to have a favorable investment climate.
PNoy sees BPO sector growing into $25-B industry
The business process outsourcing sector will grow into a $25-billion industry by 2016, President Benigno Aquino III said Wednesday.
“By the time I step down in 2016, we are looking at revenues that will have more than doubled to 25 billion dollars and 4.5 million jobs–1.3 million directly as a result of the BPO sector and 3.2 million indirect jobs,” Aquino said in his speech Wednesday during the groundbreaking rites of Sutherland Global Services’ $50-million facility in Carmona, Cavite.
Shop Direct outsources contact centres in £430m deal
Shop Direct Group, which owns retail brands including Littlewoods and Very.co.uk, has outsourced its customer contact centres to Serco in a 10-year deal worth £430 million.
The company said it hopes to improve efficiency as a result of Serco’s planned investment in technology that will seamlessly integrate online and mobile into customer contact centres.
CIOs Scale Back Outsourcing, Favor the Cloud
For CIOs, the halcyon days of IT systems and architecture that were built and managed entirely in-house, or partly outsourced to a few mammoth vendors, are gone. In its place a hybrid model rises — one that maintains elements of the traditional IT foundation, but also takes advantage of new technology and platforms as they emerge.
