Building societies and strategic sourcing: criteria and dynamics

Article Abstract:

An analysis of the outsourcing activities of building societies reveals that they employ a conservative approach and adopt common criteria when outsourcing. Activities that are considered as core are not usually outsourced. Those activities that are to be outsourced undergoes a formal evaluation process that includes evaluation against the internal standards of performance, the society's capability to provide an integrated service for clients as well as the consideration of market condition and supplier's culture.

Research, Analysis, Outsourcing

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The demutualisation of Irish Permanent

Article Abstract:

Irish Permanent has been launched on the London and Dublin Stock Exchanges following a preparation period of three years. The launch has been a success with the share price rising with heavy trading. The 1989 Irish Building Societies Act allowed for Irish Permanent to be demutualised, and this made the flotation possble. Institutional investors from the UK and Ireland have been attracted to the shares and this will interest the Irish government in relation to possible privatization projects.

Securities, Irish Permanent Building Society

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