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![]() ![]() Considering Offshoring ? - It's Still Not Too Late... ![]() |
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First, it is important to understand the difference between Outsourcing and Offshoring. They are NOT the same. Dropping Telecommunication Costs are making available Remote Low-Cost Manpower Resources to organizations enabling them to perhaps considering to start with an outsourcing or / and offshoring initiative in their work activities. Some of you may already have experimented both Outsourcing and Offshoring with Pilot Projects and are perhaps seriously considering of extending the same gradually in the years ahead. Also, Not all outsourcing or offshoring experiences are positive. The key idea is to learn from one's experiences and mistakes and build success steps steadily, avoiding the Possible Pitfalls. Since the above two words 'Outsourcing' and 'Offshoring' are often used interchangeably, Kaytek uses the word 'Offsourcing' to indicate when Outsourcing happens from an External Entity (Organization or Person) outside the country ie an offshore location. Hence, 'Offsourcing' is Offshore Outsourcing. ![]() Perhaps, even though Computing and Communication Technologies have made our lives probably easier, at the same time, they have also made Business and Organizational work much more complex. All of us compete in the global market. Either by choice. Or By Default. Also, Government and Statutory Regulations globally becoming increasingly tighter and tighter leading to higher and higher compliance costs of just being in business. As an example, the annual costs of Sarbanese-Oxley compliance for a publicly run US corporation are expected to be huge recurring dollar drains. ![]() All of us need to focus on our unique skills that make us add value to our organizations or customers in the market place. What we can realistically do best, we should focus and do well. What we cannot, maybe Outsourcing, Offshoring or 'Offsourcing' may be possible answers. ![]() With 'Offsourcing', do Risks Increase ? Yes. Of Course. Can they be Managed ? Surely. Do you loose Control ? Not Really. 'Offsourcing' Risks can be managed and minimized without sacrificing Control of your Operations. 'Offsourcing' gives you the Best of Both Worlds - Efficient Control at lower costs without the Headaches of Ownership. |
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