The business world has changed so much during the last 6 months and is showing no immediate signs of settling down, so why would you consider outsourcing now? Outsourcing is paying an external company or person to carry out business functions for your company. Obvious, but worth stating. These functions could be anything from specific operational processes, through to whole departments such as sales or accounting, either way why would you do it?
WHY
- The most compulsive reason to use a specialist outsourcer for your delegated role would be expertise. By using an expert in that field, you are harnessing their talent, energy, training and resources to maximise the effectiveness of that function. Having a professional lead generator, marketing guru, IT support or accounting expert on your team can drive you and your company forward and potentially give you an edge within your market. - Time is your most valuable commodity, so concentrating on what you and your team do best will maximise your efficiency and create savings. If your metier is importing medical equipment into the country, selling and maintaining it, do you really need to employ your own accounts team rather instruct an outsourcer to process, complete, report and produce KPI’s for a fixed cost.
MASTER YOUR STRENGTHS, OUTSOURCE YOUR WEAKNESSESS - ryan khan
- In these unsettled but potentially rewarding times, having the ability to reduce your cost base or fix your costs for a company function could well be a way of increasing profit or reducing loss. Taking the time to analyse what monies comes in and what goes out, you and your team’s effectiveness and which areas could be outsourced may reveal an opportunity to create or save money, assisting the bottom line. - Creating agility for your company is a tool that should not be underestimated. Using outsourcing for business-critical roles that have variable costs, enables you to scale up and down as your sales or operation requires.
