Globalization is rampant. I know.
I’m competing with everyone on the planet to show that I am the best person to do my job right now. I know.
Companies fail miserably on managing the outsourcers. I know. (Companies don’t).
In a late 2006 surveys, things got a little dicey when it comes to auditing Outsourcers:
- The 2006 Ernst & Young global information security survey has found organizations worldwide are failing under the weight of vendor risk management in outsourcing relationships.
- The report noted that when it comes to managing the risks associated with the vendor running your outsourced IT shop, very few companies are actually prepared — or for that matter understand what they should be doing to protect themselves from vendor-induced information vulnerabilities.
- Only six percent of companies use formal procedures, validated by a third party, to manage risks with vendors and 21 percent say they do not address these issues at all.
While we know globalization is rampant, we still haven’t figured out how to manage the people, processes and technology of those to whom we outsource.
More work to do.
Scot
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