The future of outsourcing and perspectives for the corporate real estate and facility management industries

Peter Ankerstjerne, Kyle Brown and Jeffrey Saunders
Additional contact information
Peter Ankerstjerne: Chief Strategy Officer and Board Member, The Netherlands

Corporate Real Estate Journal, 2016, vol. 5, issue 3, 195-204

Abstract: The future of outsourcing is less about driving cost reductions and more about generating positive outcomes in support of organisations’ strategic objectives. Organisations will seek to leverage outsourcing in new ways that offer them advantages such as innovation, growth, brand protection and access to both talent and new markets, in addition to cost flexibility and cost-savings. It is here that relationships become increasingly important, especially with corporate real estate (CRE) and facility management (FM) service providers. According to this research, the relationships between sourcing firms and outsourcing providers are evolving from being transactional towards a spectrum of relationships based on various degrees of interdependence. Outsourcing is growing more complex to accommodate new market needs. This paper highlights several of the key trends and major shifts in the outsourcing landscape, and outlines five emerging sourcing approaches that capture the changing nature of outsourcing relationships towards 2020 and beyond, with implications for CRE and FM. The five emerging sourcing approaches are: crowd sourcing, solution sourcing, network sourcing, co-sourcing and mesh sourcing.

Keywords: future; trends in outsourcing; outsourcing models; trends in corporate real estate; megatrends; facility management; corporate real estate (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/3045/download/ (application/pdf)
https://hstalks.com/article/3045/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:crej00:y:2016:v:5:i:3:p:195-204

Access Statistics for this article

More articles in Corporate Real Estate Journal from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().