Pros or Cons of Outsourcing
We all have already experienced that work can be done outside the office during the covid 19.
If you are not sure whether to outsource or not, it is essential to compare the pros and cons of outsourcing.
Advantages Of Outsourcing.
Knowing the benefits of outsourcing will help you decide if this is something that could work for your business. Here are three reasons to give this a try:
1. Dont need to hire more employees
Outsourcing can provide you with an immediate start and saves you time and money from finding, training, and going through the whole recruitment process.
2.Talent pool
Outsourcing can provide you with an open access to the talent you require. Outsourcing companies provide services to numerous sectors and apparently will have more exposure and experience by working for different industries than just having limited access to talent. you can benefit from additional knowledge and experience and can scale you buisness.
3. Lower staff Cost
One of the main benefits of outsourcing is reducing your business cost and improving quality. Outsourcing can provide you best of both worlds. Also you will never have to worry about overheads.
Cons Of Outsourcing
It is important to compare the drawbacks of outsourcing before you decide to go with outsourcing:
1. Less control
You may give up some level of control. But if the focus is on the results and outcome of the outsourcing you may find it beneficial to manage less staff in-house.
2. Communication problems
It is very common to hear communication issues with outsourcing. It could be due to different timezones, no reliable internet connections or preferred method of communication (phone, email etc).
Due to the continuous growth of the outsourcing market, companies have managed to solve these issues by offering same time zone services or with better communication, more weekly or monthly meetings. Some of the outsourcing companies also have offices where the client is based.
3.Impact On the existing staff
Outsourcing may upset, create confusion among the existing staff and negatively affect the company culture.
It is important to discuss the strategy in detail and discuss the reasons with the existing staff of why the business is considering outsourcing.