About Us | Services | Resources | Faculties | Stakeholder Relations | Support Centre | Contact Us | My Mail | My Account
HDFI | Home
 
Non-core Activities
Multinational Issues
Cost Reduction
Taxation Consideration and Compliance
Performance Indicators
Risk Management
Multinational Services Providers
Approach
Requirements
Home > Resources > Outsourcing > Requirements

Requirements
Page: 1 - 2 - 3
HD Faculty™ requires that all appointed service providers must have the critical mass of professionals, specialists, and physical resources in place, prior to the execution of any agreement or working arrangement; the respective entity must demonstrate its readiness, willingness and capability to perform the respective task(s). The local and international capabilities of the designated service providers, from time to time, in respect to HD Faculty™'s outsourcing requirements, must clearly and concisely demonstrate to the Board of Directors that they are capable of providing the requisite services. Where HD Faculty™ undertakes to engage the services of an outsource provider, the Executive Committee and the Risk Management Committee must ensure that they have taken every step possible to safeguard HD Faculty™ from risk exposure in respect to the assignment of the respective task. The following is an illustration of certain considerations that must be addressed:
1.
Dedicated Team. The Provider is required to provide a dedicated team of transaction professionals and/or specialists experienced in the required fields, whether that is science, technology, finance, tax, operational, benefits, markets, legal and/or managerial matters.
2.
Working with Multinational Firms. The authorized provider, from time to time, is required to work alongside with designated world top ten (10) advisory firms to provide an integrated approach that fits the needs of HD Faculty™'s business.
3.
Collaboration. The authorized provider, from time to time, is required to demonstrate to HD Faculty™ that the strategic partnership with HD Faculty™ has and/or will introduce various levels of complexity into HD Faculty™ in respect to the collaboration with the provider.
Page: 1 - 2 - 3
HD Logo
top of page Copyright © HD Faculty™ | All Rights Reserved.