Outsourcing turned out to be an excellent growth hacking method; for work that’s highly repetitive, requires a highly educated person, or for which you don’t need a permanent department it’s actually recommended that you outsource. It doesn’t affect the quality of your list of services or products and it’s simultaneously a great friend of your company’s budget.
That being said, you are really missing out if you still haven’t made offshore partnerships – most business that still avoid this are restrained because they aren’t familiar with the methods of building a great business process outsourcing strategy. You shouldn’t have those kind of problems if you follow these four simple steps.
Step One: Set Objectives. You start internally. I already mentioned the conditions you need to fulfill if you’re a candidate for outsourcing, and if you do, you need to put them on paper. So, schedule that meeting with your team, clearly define what you need to have covered and make sure to be very precise about the tasks you want an outsourcing business to do.
Step Two: Calculate Risks This being your first outsourcing strategy, it’s only natural that you have your doubts, but there’s a rational way to deal with them – risk assessment.Before you actually get in touch with an offshore business and start with negotiations, you should assess everything that may go wrong if that work isn’t done properly or within a certain deadline that both parties have previously agreed upon. This way, you’ll be prepared if something does go wrong.
Step Three: Do Your Homework Finding a good offshore partner isn’t at all complicated – you just need to know exactly what you are looking for. My sincere suggestion is to take your time and do thorough research about your new potential partners. Also, you should get in direct contact with businesses they’ve worked with and learn about their experience firsthand. Business process outsourcing isn’t at all complicated, but it will require your full attention.
Step Four: Be Transparent Once you find your offshore business and you start with negotiations, make sure to simplify your communication as much as possible. Most companies who’ve had a bad experience with business process outsourcing’s claim that it was usually a matter of misunderstanding, so you should strive towards clarity. Another important thing to have in mind is compromising. After you agree on the priorities you’ve previously set, you should make room for agreement – a great outsourcing strategy is built by two different parties and both of them need to be satisfied with the final agreement. Obviously, you should act like you normally would when trying to make a new partnership on the local scale.
These kinds of strategies are a two-way street – by finding an offshore business you’re helping another company grow and develop, and they are actually taking a significant workload off your back so you can focus on fulfilling your goals. As long as you keep these tips in mind, I sincerely doubt you’ll have any problems.