leaders in management development

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An A-Z guide of the skills covered by LMC

Outsourcing

The procedure whereby a company uses an external service provider for processes previously or traditionally completed by the company itself. The work is carried out when a company either lacks time, money or resources to complete the work itself, or if a third party can reduce costs or add value.
 
LMC Courses cover over 150 business skills. If you are interested in learning about and acquiring a skill in OUTSOURCING, the following courses may be of interest:
  • Essential Management Accounting F69
    This course will explore cutting edge management accounting techniques and how they can transform an organisation's operations and prospects. Successful application of these techniques will help organisations achieve and sustain competitive advantage.


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