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“Business Plan Part Iii – Business Initiative and Technology”

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Lykia Jones

Assignment 3: “Business Plan Part III – Business Initiative and Technology”

Bus510 Entrepreneurship & Innovation

September 1, 2013

Analyze the options available for producing the product or service and evaluate which of the options you can take to streamline operations
Each organization has many options to consider when it comes to producing their product or service. TalentSrch supplies their customers with onsite and offsite recruitment services. In order to produce this service it is very necessary for them to consider internal and external labor and the quality of the service that they provide.
Internal and external labor is important to the life of any company. TalentSrch is a small organization that relies on a lean staff in order to provide valuable solutions internally and to their external client base. It understands that “the members of the staff are the key to delivering top-notch customer service (McMillan 2013).) The goal of TalentSrch has always been to keep overhead costs low. This is done through hiring extremely competent individuals who are able to work internally, but also have the ability to be billable to their client base. For instance, TalentSrch offers outsourced recruitment services in which they identify candidates to fill their clients’ opportunities. This can be done by offering contingent staff or RPO recruitment services. RPO recruitment services are services in which TalentSrch offers an onsite or offsite recruiter to support the needs of their client. This is an hourly billed service that allows their clients to forgo the high costs associated with hiring on contingent staff. In this case many times TalentSrch is able to utilize an internal, overhead recruiter to work onsite as a billable recruiter. In order for this to be effective TalentSrch has to be sure that they are able to hire individuals that can

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