May

13

Know your Outsourcing.

Outsourcing Opinions provides comprehensive articles and analyses on the current news and information, from world media agencies and authoritative sources, regarding outsourcing and business.

Better Practice

Threats like fraud and unstable politics could affect your off-shore business interests. An article suggests 8 ways to ensure your company’s protection in your off-shore outsourcing contract.

  1. Modify common clauses like “force majeure” provision to encompass other threats.
  2. Extend criteria for eligibility for termination for cause.
  3. Extend change of ownership provisions to address potential supplier breakup.
  4. Establish clear ownership of assets and documentation
  5. Add Clauses And Terms That Address Emergent Concerns
  6. Take advantage of recent lessons learned.
  7. Seek concessions if re-negotiating a contract.
  8. Make sure you secure adequate legal advice.

Read more about these here

Any enterprise would want means towards long-term success, especially in their outsourcing contracts. Here are some tips to make sure your outsourcing ventures delivers.

  1. Due Diligence
  2. Multi-sourcing
  3. Performance Bonds and Guarantees
  4. Notification Obligations

Learn more on these 4 here

Global News

The International Association of Outsourcing Professionals (IAOP) released the rankings for its 5th annual list of the world’s leading service providers and debut of the new list for outsourcing consulting, legal and advisory firms.

Get to know who is in the rankings here

Outsourcing to the Philippines

According to a report from consulting firm Ovum entitled “IT services market in the Philippines: a fledgling ready to take flight,” the Philippine government’s various initiatives for technology adoption will drive the IT services sector’s growth as these will provide opportunities for vendors that cater to domestic demand.

Read more on this here

Also, the Philippines’ business process outsourcing industry is beefing up its campaigns for recruitment and staffing to meet the demads of the sector. It already has an estimated 60, 000 new jobs this year and is expected to create 700, 000 to 800, 000 jobs by 2011.

Read more on this here

The Philippine island and booming business center Cebu appears to be recovering well with no reported retrenchment losses since the first quarter of 2009. Perhaps it is recovering from the global financial crisis, even faster than other places in the world.

Read more about this here

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