Scaling People IBM wins $5 billion outsourcing deal. J.P. Morgan Chase says it will transfer approximately 4,000 employees and contractors, along with some resources and systems, to IBM in the first half of 2003. [CNET News.com]
This is definately outsourcing's day in the sun, for two primary reasons: cost saving proposition and the currently low value of human capital. As the value of human capital increases in recovery and the demands for internal innovation grow -- outsourcing must evolve to collaborate on innovation with trust. What is core, cycles.
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