When one outsources, this simply means the sharing of your company’s control and (sometimes) sensitive information with another firm. Outsourcing is regarded by a lot of people as the best thing since sliced bread. Offshore outsourcing is known to facilitate the effective use of capital, skill set, resources, and technology at an affordable cost. According to Goldman Sachs survey, since the year 2001, between 400,000 and 60,000 service division work have been moved overseas. That particular number is expected to rise in future.
Almost any person can outsource whether it is a big, medium or even small business. Any task that is related to web development, web design, B2C, BPO, manufacturing units etc can be effectively outsourced. When you outsource what you typically get is a competitive edge without investing in infrastructure. Outsourcing is really the best option when business owners lose focus on the main issues due to getting tied down by minor yet necessary business facts. Countries that are known for their competitive advantage are truly the best outsourcing nations, countries such as:
• Czech Republic
• Poland etc
India is one country that is well known for its outsourcing industries, in fact some Hollywood and Bollywood movies have featured characters who work in outsourcing companies. India is the number one outsourcing country that most companies run to when they are looking to outsource Information Technology tasks. India stands to have a competitive edge over others because it has the following attributes:
• Impeccable English language speaking skills
• Information technical skills are at its peak
• Much more skilled labor force at more competitive rates
• High speed communication mechanism has really encouraged overseas outsourcing
• Improves the overall productivity rate
• Flexible when it comes to legal matters
• Encourages really remarkable advantages in terms of quick delivery
• Increases the overall competence of business activities
As the competition among offshore outsourcing countries increases and opportunities spread, the need arises for CEOs to reflect on issues which range from geological risks to compensation costs in quantity and of course quality of human resource expertise for helping to maintain goodwill in the long run.
It is important to understand that when you are outsourcing that time is of the essence and discretion is a mutual benefit for both parties involved.
Daven Michaels is an award-winning outsourcer and author of the book, ‘Outsource This!’ Daven has been honored more than any other individual or outsourcing organization. You can get more information on outsourcing by visiting www.123Employee.com