Has the government just re-invented privatisation and outsourcing?

The government launched its first central government mutual today with the kick-off of MYCSP.

My Civil Service Pension (MYCSP), which launched today, has taken the civil service pension administration and split the ownership between the government (35%), the staff (25%) and a business service provider (40%). The private company is pension and HR service provider Equiniti.

The idea is that the private sector partner will make the service as efficient as possible and take away costs from the government, the workers will work much harder because they own it and the government will be able to cut taxes as a result. They call it the John Lewis model because it is based on the retailer’s successful use of this type of regime.

As this is something new I am interested in getting people’s views on it. Please fill in the questionnaire below if you want to give your views anonymously.

Here are some more articles I wrote about MYCSP:

Government outlines new ways of working with suppliers

Government mutual will be a beacon for IT procurement

UK government is rewriting the outsourcing rule book

Civil service pension mutual expects private bids


Enhanced by Zemanta

Join the conversation

1 comment

Send me notifications when other members comment.

Please create a username to comment.

Outsourcing is all about streamlining your business operations by taking of the non core yet value & quality assuring activities. In current period of time the BPO Services have been more charmed though there is always a margin to improvement as well as innovation. It just can't get maturer enough to get towards decline but has life as long as IT is alive.