If we take a close look at our everyday life, we will realize some of the most important work related to our domestic life is regularly outsourced. Plumbing, carpentry, housekeeping and several additional household activities are regularly being outsourced.
Outsourcing has been around since the dawn of time but has most recently taken a giant leap forward with our “World is Flat” culture aided by communication technology. Some of the most important questions small, medium sized business (SMB) owners and managers struggle with is should we outsource? Should we use existing personnel? Should we hire new personnel?The correct answer is that you do what will provide the largest opportunity for scale able growth leading to an increase in profit margin.
What are the primary reasons that companies outsource?
Outsourcing has been around since the dawn of time but has most recently taken a giant leap forward with our “World is Flat” culture aided by communication technology. Some of the most important questions small, medium sized business (SMB) owners and managers struggle with is should we outsource? Should we use existing personnel? Should we hire new personnel?
The correct answer is that you do what will provide the largest opportunity for scale able growth leading to an increase in profit margin. What are the primary reasons that companies outsource?
In our first article in our series I am going to begin with defining the current state of successful outsourcing. Lets start with defining the historic stages of outsourcing:
The correct answer is that you do what will provide the largest opportunity for scale able growth leading to an increase in profit margin. What are the primary reasons that companies outsource?
To successfully outsource in 2012 and beyond you need a combination of onshore project managers with tthe best talent pool of low cost engineers to get any project done on time and on budget.
Outsourcing software development is here to stay as an IT trend which has evolved, grown, matured and is living up to and outgrowing its potential. Especially with companies that wish to cut costs while gaining access to world-class software engineers, it is no more an option but a smart decision.
Subscribe to our blog to receive an update next week where we continue our step-by-step guide on how the everyday SMB can successfully outsource. Next Week: How to perform a value analysis to decide which activities you should outsource.
