Outsourcing Law & Business Journal™: January 2009
OUTSOURCING LAW & BUSINESS JOURNAL (™) : Strategies and rules for adding value and improving legal and regulation compliance through business process management techniques in strategic alliances, joint ventures, shared services and cost-effective, durable and flexible sourcing of services. www.outsourcing-law.com. Visit our blog at http://blog.outsourcing-law.com for commentary on current events.
Insights by Bierce & Kenerson, P.C., Editors. www.biercekenerson.com
Vol. 9, No. 1 (January, 2009)
1. Identity Theft in 2009: Compliance by Business Owners and Government Agencies under Draft Federal Data Breach Notification Act.
2. Codes of Conduct in the Outsourcing Environment: Practical Scenarios after Wipro Debarment and Raju / Satyam Fraud.
1. Identity Theft in 2009: Compliance by Business Owners and Government Agencies under Draft Federal Data Breach Notification Act. Personally identifiable information is the core to the global economy. All businesses, large and small, rely upon information technology, outsourced to external service providers, to process such information for a wide range of uses, including HR payroll and administration, purchase orders, accounting, finance, credit card payments, debt collection, tax compliance, records management, procurement, engineering, market analytics, business intelligence, e-discovery, legal services, and logistics. All businesses must comply with data breach notification laws. In the U.S.,these laws will likely be extended and federalized in 2009. For more information on pending federal legislation as of January 2009, click here for the full article, and, for a copy of the draft 2009 federal Data Breach Notification Act, click here.
2. Codes of Conduct in the Outsourcing Environment: Practical Scenarios after Wipro Debarment and Raju / Satyam Fraud. Implementing lessons learned from Enron and the Sarbanes-Oxley Act, “codes of conduct” have become an integral ongoing concern in supply chain management applicable to employees, suppliers, contractors, consultants, captive affiliates, outsourcers and joint venture partners. When a trusted supplier breaches that code of trust, the enterprise customer needs to identify available remedies and make informed choices about enforcing legal rights and effectively mitigating the risks. This article makes recommendations for best practices in risk management, business continuity planning, disaster recovery, and legal rights and remedies in case of adverse events associated with a breach of a code of conduct or code of ethics due to senior management fraud or innocent “improprieties” that were fully disclosed but not permitted. It takes inspiration from the Raju /Satyam fraud in early 2009 and the debarment of Satyam Computer Servers Ltd., Wipro Technologies and Megasoft Consultants from the World Bank list of eligible contractors for corrupt practices. For the full article, click here.
Change Control, (n). (1) a majority of voters on election day; (2) lobbyist’s draft legislation to block competitors from changing the rules of the marketplace; (3) Darwinian Evolution of Species, applied to business process transformation; (4) periodic brain dump.
February 9-10, 2009, 9th Annual e-Services Philippines Conference and Exhibition and Next Wave Cities for Global Sourcing Council’s Multi-National Teleconference in Manila, Philippines and Hoboken, New Jersey. The Global Sourcing Council will join with a session at the 9th Annual eServices Global Sourcing Conference and Exhibition taking place in Manila, The Philippines, to focus on “Next Wave Cities”. In the U.S., this event will take place at the Stevens Institute in Hoboken, New Jersey, beginning at 7PM; refreshments will be served, followed by an international video conference at 8PM. A keynote speaker and panel will be present in each location. The Stevens Institute site will focus on key factors that client companies seek in their sourcing locations. In a bid to be the next e-Services hub, invited cities present their development plans and competitive advantages. Vendors and buyers/influencers will exchange perspectives on current demand and supply requirements; presentations from new eligible locations in the Philippines, Asia and Europe will be given and this conference will provide business matching and lead development opportunities. To register, click here. For more info on the 9th Annual e-Services Philippines Conference and Exhibition, visit their website.
February 10-11, 2009, American Conference Institute (ACI) Reducing Legal Costs, New York, New York. Corporate legal departments are under the gun to reduce costs, and the pressure on them to do so will only mount as the economy struggles. American Conference Institute’s 2nd Annual Corporate Counsel Forum on Reducing Legal Costs has been tailored to provide in-house counsel with the knowledge they need to successfully employ cost-reducing procedures both internally and externally. Don’t miss this unique cross-industry benchmarking forum on keeping legal department costs in check, led by a spectrum of leading companies. For more info, click here.
February 11-13, 2009 NASSCOM Leadership Forum 2009, Mumbai, India. The NASSCOM India Leadership Forum 2009, a milestone event that will mark NASSCOM’s 20th year, will bring under one roof industry leaders, thought gurus, analysts, Government decision makers, academia and IT users from across the world. For the very first time, the global conclave will journey through three key themes-one for each day-to completely transform the experience for delegates. For more info, click here.
February 16-18, 2009 IAOP 2009 Outsourcing World Summit, Carlsbad, California. In its 12th year educating the world’s outsourcing professionals, IAOP™’s 2009 Outsourcing World Summit is a one-of-a-kind opportunity. Come to learn the very latest in how to create competitive advantages for your company through outsourcing. For more info, visit their website.
February 23-24, 2009, American Conference Institute LPO Summit, New York, New York. ACI’s Legal Process Outsourcing Summit is designed for both in-house counsel and law firms who are still evaluating the viability of offshore outsourcing, plus those who already have outsourcing operations in place but who want to stay ahead of the latest industry developments to optimize their business practices. For more info, click here.
February 23-25, 2009, IQPC 6th Annual Procure-to-Pay Summit, Miami, Florida. SSON and IQPC’s Procure-to-Pay series returns with the 6th installment this February! Following the tremendous success of the last events and traction from leaders in the space, the 2-track agenda promises to deliver tools to help bridge purchasing with payables and enable process excellence throughout each and every segment of the P2P cycle, including improving the bottom line, optimizing available resources and managing process change. For more info, click here.
February 26, 2009, Global Services Conference, New York, New York. This year’s theme is “Revisiting Global Sourcing in a Challenging Economy”. The financial crisis and the economic meltdown have put pressure on organizations of all types. In a more globalized world, the dimensions of global engagement have increased and so has the impact. In challenging economic conditions, global sourcing of services throws up new opportunities. The 2009 Global Services Conference will have expert discussions around how customers of business and technology services can revisit their global sourcing strategies to tap into these opportunities. In a jam-packed day filled with thought-leaders, peer discussions, workshops and real-world case studies, the 2009 Global Services Conference breaks new ground in providing content to help executives determine how to establish business value in outsourcing engagements. Global Services will also present the findings of its annual Global Services 100 research study at an awards and cocktail reception. Click here for more info.
March 22-26, 2009, IQPC’s 13th Annual Shared Services Week, Orlando, Florida. SSON’s Shared Services Week™ is the community event for all levels of Shared Services professionals around the globe. With over 900+ past attendees from 22+ countries each year, it is the “Can’t Miss” event for everyone involved with shared services. In it’s 13th year, the event is bigger than ever! We have added additional tracks, more expert speakers, a larger exhibit hall and new content. Experience the most renowned Shared Services conference ever and take away key insights you will learn no where else. Network with experts in the industry and create contacts for life. Receive a 30% discount when you register by using code IUS_OSL_#3. Call 1-800-882-8684 or visit us online.
April 27-29, 2009, IQPC’s 7th Annual e-Discovery Conference, San Francisco, California. Join this year’s conference to learn more about managing the process of electronic discovery files and to explore options that are available for this task. Proactive e-discovery solutions are more critical to legal departments yet the solutions for costs, implementation, and management are still widely unknown. This conference will provide strategies for e-discovery success including proactive strategies for record management; global privacy issues, data security laws, regulations; specific cost control options; judicial perspective; and cutting edge software solutions. For more info, click here.
May 5-6, 2009, 7th Annual HRO World TM Conference & Expo at NY HR Week ™ , New York, New York. Hear from the HR outsourcing industry’s most respected practitioners, analysts and vendors. Register by April 10 with Source code HROL and save $100. Register here online or call 1-800-727-1227.
May 18-20, 2009, 6th Annual HR Shared Services & Outsourcing Summit, Denver, Colorado. The 6th Annual HR Shared Services Summit is the most important event of the year for HR leaders seeking to re-align their services with the strategic requirements of the business. This successful event brings together senior HR leaders in an exciting interactive forum, delivering best practice case studies aimed at optimizing every stage within the HR transformation process. Given historic economic conditions, it’s more important than ever that HR leaders exploit the dramatic economies of scale that are available to them through shared service structures. And for more mature companies – those that have already made the transition to an HR shared service model – there is an urgent need to re-align the kinds of services they offer with increasingly tough business challenges. Click here for more info.
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