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Outsourcing
for maximum cost effectiveness
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| The role of
an outside risk consultant |
- Provide expertise in specialized areas to achieve
corporate risk objectives.
- Initiate proactive planning ideas.
- Assist in day-to-day issues in:
- identification of risk
- measurement of risk as to frequency and severity
- Choice and use of alternatives to treat risk.
- Provide independent opinion on nature of risk.
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| Advantages of
alternative structure |
Implement the oursourcing
program which enables significant savings, while the consulting process
is going on.
- Increase savings ideas and reduce the time to
implement them
- Provide cost-effective balance of professionals
- Enhance employee motivation
- Maintain in-house management of policies and
procedures
- Maintain in-house control of cost
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| Strategy of outsourcing |
| This device
is most used for companies who are not in the Fortune 2500 but, because
of their positive strengths, want to conduct internal risk management
studies to improve profitability..
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Strategy Page
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