CFO Magazine has a special February 2006 issue dedicated to human capital, and several articles are likely to be of interest to Sourcingmag.com readers. John Mello, for example, discusses the trend in outsourcing HR functions to one-stop shops that you can read at http://www.cfo.com/article.cfm/5491027/c_5514415?f=magazine_alsoinside. The same issue has a thought-provoking article by Randy Myers, "What’s Wrong with Finance Training" where he recommends using a tool like Macromedia Captivate to create your own custom training – something that’s especially useful in Merger & Acquisition scenarios. It occurs to me that this would be a great way to coordinate with remote staff in outsourcing scenarios of all types. http://www.cfo.com/article.cfm/5491091/c_5514415. Coincidentally, I notice a website ad promoting online cultural training about India. The Captivate approach, however, would allow outsourcing personnel to see how tasks are done at the contracting site.
The same issue has several pages of survey results of 249 senior finance execs compiled by Don Durfee showing, for example, that 15-20% already were outsourcing some of the HR function. Responses to question 15 indicate that the most common task is retirement-plan management, followed by payroll and health and welfare admin.
