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You must be ready to handle any risks or challenges you may encounter before you employ an offshore staff. . We’ll look at seven significant outsourcing failures in this article. We’ll also go through the top ten causes of these outsourcing failures and how to prevent them. . WHY DO COMPANIES OUTSOURCE THEIR BUSINESS?
This gives you the freedom to concentrate on your major functions and tasks as a business-owner, which ups your chances of steady and successful growth due to effective management. Outsourcing introduces you to amazing talent and new ideas of doing business. Outsourcing helps you be more productive and effective for lesser cost.
American Express (AMEX) has been practicing businessprocessoutsourcing in India. It decided to offshore its back-office operations to India. In 2004, Telstra earned the ire of the government and trade unions. Besides, you may also not want your business to experience such failures too. . Don’t worry!
The Philippines was not the country that came to mind when outsourcing was suggested only ten years ago. Today, the Philippines is the go-to destination for outsourcing services provided offshore. The Philippines is becoming a more popular outsourcing destination for businesses. In reality, with a GDP growth of 5.1
In the Philippines, the first contact center for businessprocessoutsourcing (BPO) was constructed in 1992. The Philippine government formed a special economic zone to boost outsourcing after spotting a good possibility and encouraging more foreign businesses to build their customer care centers in the nation.
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