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Developing Outsourcing Strategy is Easy to Achieve with These 3 Top Tips

You need a strategy in order to achieve success in any endeavor — outsourcing is not an exception. A carefully crafted outsourcing strategy allows companies and business owners to maximize the benefits that come with outsourcing.

In this post, you will uncover the secrets to developing a result-oriented outsourcing strategy.

Tip #1: Examine Your Organizational Objectives

The first step towards developing a result-oriented outsourcing strategy is to define the objectives of your business or organization. Whatever those objectives are, you should look into them closely and carefully, so that you will know what direction your outsourcing strategy will be geared towards.

Tip #2: Identify Your Purpose for Outsourcing

Also, in developing a strategy for outsourcing, you will need to spell out clear reasons or purposes for embarking on outsourcing. For instance, such reasons may include taking advantage of tools and/or skills that are not available in-house. It could also be that your company wants to cut back on operational costs and speed up organizational change.

So, you should sit back and identify the reasons you would want to outsource your business tasks. This will help you in structuring a strategy that would work for your unique outsourcing need. Don’t just outsource because others are doing so. You should first identify the need and reasons to outsource.

Tip #3: Create a Plan for Accomplishing Organizational Goals

Perhaps your company is about to launch a new service targeted at existing customers. It may also be that your business is intending to expand its range of products or services to lure new customers. As a result, you may have to include in your comprehensive plan, the need to partner with external consultants, using a third party service to handle some of the admin or production tasks via outsourcing.

Tip #4: Decide Whether to Outsource Offshore or On-Shore

Also, while trying to come up with approach or strategy to adopt in outsourcing, you should also decide whether to hire outsourcing partners from another country such as the Philippines, or outsourcing vendors in the country where your business resides.

You may choose to go for offshore outsourcing if huge cost-cutting is your main goal for outsourcing. This does not mean that significant cost saving is the only reason for outsourcing offshore — when you choose vendors carefully, offshore outsourcing will also offer additional benefits such as access to expertise and improved overall outcome.

On the other hand, if you want very close monitoring of the outsourced project, you can contract an on-shore outsourcing vendor. This way, you can visit the outsourcing vendor’s outfit (if you have to do so) for closer monitoring and supervision of the outsourced project.

Go ahead and develop robust outsourcing strategy with these tips.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.

One Response to “Developing Outsourcing Strategy is Easy to Achieve with These 3 Top Tips”

  1. Mary Foley says:

    Thanks for this – very useful.

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