Investigating factors affecting business outsourcing decisions in the oil and gas industry

Hossein Aliabadi¹

1) PhD student in Entrepreneurship, Faculty of Humanities, Islamic Azad University, Sari Branch

IOI Code : AZDD-AAZHZE
Publication : 4th.International Congress on Management, Economy, Humanities and Business Development(4icmba.ir)
Abstract :
    This article examines the factors affecting business outsourcing decisions in the oil and gas industry. Outsourcing means transferring part of the organization s activities and responsibilities outside the company and entrusting them to contractors and other specialized companies. This article analyzes the economic, technological, organizational, and managerial factors affecting outsourcing decisions. Economic factors include reducing costs, improving efficiency, and increasing bargaining power. Technological factors include the role of new technologies and technological challenges. Organizational and managerial factors include organizational structure, leadership, and management. This article provides important lessons for managers and decision-makers by presenting case studies of successful and unsuccessful companies in outsourcing. The results show that success in outsourcing depends on the accurate identification and analysis of the factors affecting it and can lead to higher productivity and efficiency and cost reduction. Finally, recommendations and strategies are provided to improve the outsourcing process in the oil and gas industry.

Keywords : outsourcing oil and gas industry project management innovation