The principles developed by UNPRI (United Nation Principles for Responsible Investment) provide an example of how investment decisions may explicitly account for sustainable social and environmental concerns thereby benefiting global cohesion and equity. (KDIS 2015)
Conclusions
Linking IT outsourcing decisions with their social impact has heretofore been limited to discourse and persuasiveness of argument.
Conclusions
Linking IT outsourcing decisions with their social impact has heretofore been limited to discourse and persuasiveness of argument.
We have identified ambiguity and problematic aspects of the use of the label "financial attractiveness".
The model developed here addresses these concerns and offers a new approach to incorporate societal economic factors in the decision making process.
It makes a novel contribution by linking social index data with a published management tool for sourcing location decision making.
Including ethical impact consideration is shown to be feasible by the inclusion of independent international social economic data.
This approach extends the scope of location comparison and decision making processes in a transparent and objective manner.
As mentioned in the introduction, the ethical issues of global sourcing are becoming more important.
Clients looking to develop long term relationships with their offshore partners are increasingly paying greater attention to corporate social responsibility.
One of the most significant considerations surrounding an offshore outsourcing decision is how the question of quality of life at the supplier location may be linked with the motivation of the client organisation.
However this important consideration is not explicitly reflected in the current offshoring indexes and rankings.
Our model illustrates one way of addressing this weakness for inclusion in future rankings in order to better reflect the social potential and impact of offshoring.
We can conclude that management decision tools like the GSLI can have a dual use; to identify and highlight locations that would acquire significant societal benefits from involvement in sourcing activity while also identifying locations that can meet the demands of the IT outsourcing industry.
The end result is to expand the scope of IT offshore outsourcing decision making, to include social impact and ethical considerations in an unbiased and evidence based manner.
The model developed here addresses these concerns and offers a new approach to incorporate societal economic factors in the decision making process.
It makes a novel contribution by linking social index data with a published management tool for sourcing location decision making.
Including ethical impact consideration is shown to be feasible by the inclusion of independent international social economic data.
This approach extends the scope of location comparison and decision making processes in a transparent and objective manner.
As mentioned in the introduction, the ethical issues of global sourcing are becoming more important.
Clients looking to develop long term relationships with their offshore partners are increasingly paying greater attention to corporate social responsibility.
One of the most significant considerations surrounding an offshore outsourcing decision is how the question of quality of life at the supplier location may be linked with the motivation of the client organisation.
However this important consideration is not explicitly reflected in the current offshoring indexes and rankings.
Our model illustrates one way of addressing this weakness for inclusion in future rankings in order to better reflect the social potential and impact of offshoring.
We can conclude that management decision tools like the GSLI can have a dual use; to identify and highlight locations that would acquire significant societal benefits from involvement in sourcing activity while also identifying locations that can meet the demands of the IT outsourcing industry.
The end result is to expand the scope of IT offshore outsourcing decision making, to include social impact and ethical considerations in an unbiased and evidence based manner.
