Jul
13
Outsourcing : A Risky Business?
July 13, 2008 | Leave a Comment
To engage in any business enterprise is to engage risks which must be dealt with to gain rewards.
Outsourcing, the farming out of work and processes to third-party business process outsourcing (BPO) service providers abroad, bears its own unique set of risks that, with careful research, can be avoided.
Let’s identify the most common outsourcing risks that companies encounter when outsourcing their business processes.
Jul
7
Outsourcing : SMEs Go Global
July 7, 2008 | Leave a Comment
As outsourcing is now the trend of how large companies around the world do business, small-to-medium enterprises (SMEs) might seem to be out of the loop for good but what works for the Big Co.’s can just work as good for the Small-Medium Co.’s, maybe even better.
Perhaps the biggest benefit outsourcing provides small and medium-sized companies is giving them the gift of time.
Jul
3
Outsourcing : Open Doors
July 3, 2008 | Leave a Comment
We’re a very small company that outsources work to computer programmers and artists in remote offices throughout the world. The major problem with having workers in far-flung locations is that when you’re paying people by the hour, you really need to know that they’re working, not surfing the Internet.
When you’re all in one office in the same country, communication flows much more naturally. You can easily tap someone on the shoulder and ask him a question. But when you’re all over the place, you tend not to want to bother people with minor questions.
Ken Scharen, then CEO of One Remote Systems, a software company in Delray Beach, Florida.
Your company and your business process outsourcing (BPO) partner want to open that door towards mutual success; the key factor is constant and receptive communication.
Jul
2
Outsourcing: From Risks to Riches
July 2, 2008 | Leave a Comment
Contracting out your company’s work to be done by a third-party in another country, or off-shore outsourcing, is risky business. Then again, any business is always risky business.
When you understand the risks involved, you can work on overcoming these in order to gain rewards. It’s all about covering such pitfalls to winning windfalls for your company.