2020 has been a bizarre year, not just for the human population, however for small and large businesses. Change has been the term of every day. Until you had previously anticipated a catastrophic shift in the market, survival has been a challenge. So what can be expected in 2021?
No one would have ever imagined that the entire world would be pushed to such a state of curfew or quarantine that we are in today. The COVID-19 virus, commonly known as Coronavirus is a prime cause for physical, mental and financial stress that governments and individuals across the world face now.
Before delving on how to get your outsourcing right let us ponder on why you should outsource. Business process outsourcing is a tried and tested model that is a great strategy for succeeding, and has a host of benefits accruing to the offshore outsourcing company. It is simple logic which tells us that if someone else can do it a lot cheaper than us, they why not? The economic and cost benefits far outweigh whatever drawbacks you can encounter when you outsource to India or any other country.
Compiled by Ken Jourdan
Companies will soon see outsourcing as a game of dice – hedging their bets and spreading outsourcing deals across the world, a report by the London School of Economics (LSE) has predicted.
NY Times co-author professor Leslie Willcocks said today the global growth in IT and business process outsourcing (BPO) in various new countries across the globe will allow businesses to gamble on many different offshoring deals.