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Economic Efficiency of Outsourcing Business Models: A Comparative Assessment
Flora Kulembayeva1, Aruzhan Seitkaziyeva2, Rakymzhan Yelshibayev1
1Educational Program "Economics", Narxoz University, Almaty, Kazakhstan.
Developing in-house non-IT services is the most profitable outsourcing business model for modern enterprises. This study offers a new method to assess business models and link strategic goals to outsourcing effectiveness.
Area of Science:
- Business Administration
- Information Technology Management
- Operations Research
Background:
- Assessing outsourcing business models is crucial for enterprise efficiency.
- Modern enterprises require adaptable and profitable business strategies.
- Existing methods may not fully capture the complexities of outsourcing models.
Purpose of the Study:
- To develop a methodological approach for evaluating outsourcing business models.
- To identify the most effective outsourcing business model for contemporary businesses.
- To link strategic objectives with the chosen outsourcing business model.
Main Methods:
- Cognitive map analysis
- Simplicial complex modeling
- Profit elasticity determination
- Structural connectivity analysis
Main Results:
- The outsourcing model focused on developing in-house non-IT services demonstrated the highest profit potential.
- A ranking of factors critical for business model integrity was established.
- Increasing single-type projects can enhance profits for IT companies.
- Altering customer relations in specific models (BM3) was found to be inexpedient.
- Certain business model components can be substituted without compromising overall integrity.
Conclusions:
- A novel methodological approach for assessing outsourcing business model effectiveness has been proposed.
- The methodology facilitates aligning strategic objectives with business model selection.
- The study provides actionable insights for IT companies to optimize their outsourcing strategies and profitability.
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