Tag: outsourcing

Feds Plan to Spend $2.2 Billion More on Consultants: Parliamentary Budget Office

March 6, 2023
CanadaconsultantsoutsourcingTreasury BoardWorld
0 Comment

Federal spending on consultants will jump 13 percent this year as the Liberal government intends to pay more for their services, according to a report by the Parliamentary Budget Office (PBO). “The Government is proposing to raise planned spending on professional & special services to $19.5 billion, an increase of $2.2 billion (13 percent) from…

Read More

Government’s ‘Ambitious Agenda’ Justifies Sizeable Outsourcing, Says Minister Fortier

February 8, 2023
CanadaCanadian infrastructure bankMcKinseyoutsourcingTreasury BoardWorld
0 Comment

The Trudeau government’s “ambitious agenda” justifies the hundreds of millions spent on outside contractors, Treasury Board President Mona Fortier said on Feb. 8. Fortier was testifying at the House of Commons government operations committee looking into the issue of contracts awarded to consulting firm McKinsey & Company. She said on at least three occasions that…

Read More

Outsourcing Investment or Taking More Risk?

February 3, 2023
Business & MarketsBusiness ColumnistseconomyInvestmentMarketsOpinionoutsourcingriskUSViewpoints
0 Comment

Commentary In 2022, the S&P 500 Index returned -19.64 percent. If you run the same numbers and include dividend reinvestment, the sting was a little less, with a return of -18.32 percent.  Not great, for sure. Those kinds of returns have people asking questions about how they are invested. To be clear, if you get a return of…

Read More

UK Defence Ministry Urged to Review Outsourcing as Contractors Accused of Dropping Standards for Profit

May 26, 2022
House of CommonsMinistry of DefenceoutsourcingUKWorld
0 Comment

British lawmakers have urged the Ministry of Defence (MoD) to review its practice of outsourcing services amid allegations that some contractors have dropped standards to boost profits. In its latest report, the Defence Committee of the House of Commons said outsourcing appeared to be the MoD’s default position, with little consideration given to providing services…

Read More

Hiring vs. Outsourcing: How to Recognize the Right Moment to Add Talent to Your Team

December 13, 2021
Business & EconomyBusiness Columnistshiringoutsourcing
0 Comment

By Vitaly Alexandrov One of the many problems startups typically face is a staff shortage. To remedy this, founders can either hire a team or outsource to fill the gaps. While over 300,000 jobs are outsourced annually in the United States, small businesses are 66 percent less likely to outsource than large corporations. There are…

Read More

The Silicon Valley Dream and What Went Wrong (Part III)

July 21, 2021
AdviceBusinessCCPLocal NewsNorthern CaliforniaOpinionoutsourcingRegional-Local NewsSilicon ValleyUSViewpoints
0 Comment

Commentary (This article is part three of a three-part series) Y2K and the Repercussions Prior to the year 2000, the world experienced the Y2K scare. It had to do with the last two digits in a date. Often dates were written in the format MMDDYY. This format left two digits for the year, which meant…

Read More