In the short term, a company that regularly refreshes its servers, virtualizes applications, fixes glaring problems and outsources its non-core functions will gain a shiny green glow.
But it does mean bringing in functional experts to manage non-core functions so that you're free to concentrate on building your business.
Yet, "Where the Defense Department achieved cost savings through contracting it did so by outsourcing commercial and non-core functions.
I really recommend it at least initially for back office, compliance and other non-core functions.
Both companies will also have to lay off tens of thousands of additional employees as they eliminate brands, close more plants and outsource more non-core functions.
To help achieve this goal authorities said in April some government agencies, state-owned companies and other "non-core" functions of the Chinese capital would be moved to a newly created city about 100 kilometres south of Beijing.
For example, in an article published in 1987, Malone predicted many of the major developments in electronic business over the last decade electronic buying and selling, electronic markets for many kinds of products, outsourcing of non-core functions in a firm, and the use of intelligent agents for commerce.
GM will also offer new hires in non-core functions, a 401 k -style retirement plan instead of a fixed pension.
A number of useful non-core functions are provided in dependent libraries developed at the Unilever Centre in Cambridge.
Maximize strategic capital to improve your core competencies, integrate cloud technology to complement your strengths and minimize spending on non-core functions.
Third, and perhaps most importantly, the school system would give up the efficiency gains created when public schools focus on their comparative advantage (teaching) and outsource non-core functions to organizations that specialize in providing those services.
