Deciphering the Strategy Decision Model of Outsourcing: A Research Framework
Keywords:
Outsourcing, Strategy Decision Model, Strategic Management, Industry Dynamics, Performance OutcomesAbstract
This research endeavors to elucidate the strategy decision model of outsourcing by proposing a comprehensive research framework. By integrating insights from strategic management literature and empirical case studies, the study aims to develop a nuanced understanding of the factors influencing firms' decisions regarding outsourcing strategies. The proposed framework encompasses various dimensions, including strategic objectives, organizational capabilities, transactional characteristics, risk management, and performance outcomes. Through a mixed-methods approach combining qualitative interviews with quantitative surveys, the research seeks to identify the key determinants that drive firms' choices between outsourcing, insourcing, or strategic partnerships. Additionally, the study investigates the role of contextual factors such as industry dynamics, technological advancements, and regulatory environments in shaping outsourcing decisions. By offering a systematic analysis of the strategy decision model of outsourcing, this research aims to provide valuable insights for firms, policymakers, and scholars seeking to navigate the complexities of outsourcing strategies in today's dynamic business landscape.