- A smart outsourcer knows whether he needs a Merc or a Chevrolet will do
Selecting an offshore vendor who best meets your business needs is perhaps the most difficult decision you make as an outsourcer. There are at least a hundred issues to be sorted out before a deal can be struck. Obviously, you need someone who has credibility and trust, the ability to work at all levels in the organization, a special knack of dealing with cross-cultural teams, a love of innovation and new ways of doing things.
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- Impact of US Financial crisis on Indian Outsourcing Industry
From the beginning of summer 2008 there has been a slew of bad news in US that caused ripple effects across the globe. It all started with the housing subprime mortgage and now it trickled into the entire financial market. The US unemployment rate hits 6.1% and the industrial production fell to 1.1%, its largest decline in the past three years.
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- Risks of Offshore Outsourcing
Many of us go for offshore advertising to save time and money. If we have someone else doing the work for us, then we will have more time to focus on other aspects of our business. It also saves us money because we can get the job done at a cheaper rate than what we would have, if we had to do it in-house or within our country.
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- When economics demand it, why give outsourcing a bad name?
I’ve read with interest, President elect Barrack Obama’s comments on outsourcing. There is nothing new in those comments. The fear psychosis has been with us for decades. During industrialization, the dominant fear was that machines would replace humans. Post telecommunication-internet boom, the fear is that tech workers from developing economies like India and China will make white-collared American workers redundant.
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