Outsourcing, An Urbane Business Tactic
By Lelit Barrios, Hubport Group
Essentially, “Outsourcing” is the practice wherein a function of a company’s
operation is entrusted to an “outsider” whose foremost agenda is the fulfillment
of that specific function. Ergo, mutual information exchange, such an alliance
call upon a degree of trust and coordination between client and provider.
Experience, know- how, capability, and efficiency are among the winning
qualities in the Outsourcing Business sector.
Outsourcing has been an urbane business tactic for many of today’s companies to
maximize profit, minimize costs, raise the quality of their product, and elevate
their corporate image to leverage the Global market. Every company who wants to
be competitive has a need to evaluate the integration of outsourcing in their
business, and the specific strategies to make the most out of it. Outsourcing
has paved the way for many a company’s goals to be realized. But, it is not
without challenges.
From the standpoint of clients, an over- evaluation of a provider’ s assets,
with regards to knowledge, commitment, and personnel could result to additional
involved costs, the possibility of information leaks, communication discord, and
eventually jeopardize the company’ s future.
Companies, therefore, should entrust outsourcing only on providers whose
experience and expertise in a specific circumstance is proven. |
