Third Wave Outsourcing Models: Outsourcing vs. Crowdsourcing
Both outsourcing and crowdsourcing are familiar terms in the business world. These two methodologies have evolved into indispensable tools for managing vast amounts of data and document-centric chores. Understanding the distinctions between them and selecting the correct model for your individual needs can be essential decisions. Despite their frequent interchangeability, each refers to a unique […]
13 Essential Tips for Outsourcing in 2023
Any business owner or manager considering outsourcing knows the risks that can be involved. Your business’ future can quickly go awry if you put it in the hands of strangers. It might seem risky to hire staff you may never meet face-to-face, but online outsourcing has never been more appealing, especially once you learn what […]
Choosing Wisely: Outsourcing Minus Political Risk
You are running a startup and need to outsource some of your work. You’ve been doing research on the best outsourcing options, but it seems like there is a lot of bad information out there. You want to make sure you choose wisely and don’t end up with the wrong company. We’ve put together this […]
How to Weigh Political Risk Before Outsourcing
Introduction If you’re considering outsourcing your business, you’ll want to know about political risk. Political risk is the chance that your contract will be canceled or delayed because of political factors in a country where you’re doing business. It can be difficult to assess before signing on with an overseas partner and even more difficult […]
Outsourcing: Know When It’s Not a Scam
Outsourcing: Know when it’s not a scam (Anything that is different should not always be perceived as a con) If you’ve ever had to outsource, then you know that it’s a lot easier said than done. There are so many things to consider, and not all outsourced services are created equal. In this article, we’ll […]
Measuring geographical and geopolitical risk
Geographical and geopolitical risk is a significant concern for companies who outsource their IT and business services. The term “geopolitical risk” refers to the instability of political regimes and other factors that can impact your ability to conduct business in a particular country or region. Geopolitical risk is also known as “country risk.” Geographical risk […]
What you need to know about the new generation of talent
The talent war is on and it’s going to get ugly. Companies are being forced to look inwards and ask themselves how they can best take advantage of the current situation. Organizations need to be clear about their purpose as they want to attract and retain top talent. Last year, training budgets were cut by […]
How Remote Work Flexibility Keeps Top Talent
Everyone’s attention has been drawn to the Great Resignation, and properly so. According to the Ceridian survey, one-quarter of American workers (24%) are looking for a new job, with another 36% indicating they’d consider leaving for the appropriate chance. Nearly half of those seeking for new jobs (46%) said they were looking for greater pay, […]
Why Data-Driven Supply Chains are the Future
Supply chain leaders are seeking new ways to deal with geopolitical turmoil, labor issues, inflation, climate change, supply challenges, and cyber-attacks. Any signs of recovery in areas like manufacturing, semiconductors, and automotive are jeopardized by supply chain disruption. Many are now bracing for a prolonged recovery on unclear terms due to a flurry of events […]
Looking Beyond Risk Research and Focusing on Global Trends in Procurement
Nobody knows the details of an outsourcing relationship more than the individuals and teams who work with the partners on a regular basis. For most companies, that is the procurement team. Procurement teams provide insight on whether the outsource partner is meeting expectations agreed upon and if the terms of the agreement need to be […]
