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 […]
BPO and KPO Explained
Business Process Outsourcing (BPO) is the practice of contracting an external service provider to carry out an essential business task. This can be done for any supplementary business function such as accounting, customer support, telemarketing, data recording, and many more. BPO helps businesses stay focused on their core competency. This results in increased productivity and […]
Work Reimagined: Finding and Winning Global Talent
With no end in sight to the competition for global talent, organizations in practically every industry continue to place a high focus on attracting and retaining high-performing applicants. Unemployment is at an all-time low, creating a job seeker’s market and forcing businesses to compete by offering trendy bonuses, flexible work arrangements, and other in-demand advantages. […]
The Benefits of Outsourcing Software Development
According to Statista, the global outsourcing market was valued at $92.5 million in 2019. In the United States, the outsourcing industry’s market size in 2020 has been $130 billion. The primary benefits of software development outsourcing range from the creation of unique technical documentation to collaborating with cost-effective, high-quality teams located throughout the world. Let’s […]
