Wednesday, September 5, 2012
Why to outsource and why outsource To India
I will start by explaining the philosophy of business outsourcing. It is "do what you do best and leave the rest to Business Process Outsourcing (BPO) companies. Companies outsource all their non-core business to business outsourcing, in order for them to save management time and resources. They can then focus on developing their basic skills.
I will state some of the more recent and more common now that they are assigned a BPO company. These are: Human Resource Management, Internal Audit, accounting and payroll processing. Those treated by traditional call center provides customer support through hotlines, reservations ...
One of the most important goals for managers is to maximize shareholder value. To this end, they reduce costs. Outsourcing is known to be one of the methods used to reduce costs. McKinsey has estimated that U.S. companies that develop new drugs can save up to $ 600 million outsourcing the development work to Indian BPO companies.
Outsourcing companies also help in managing the risks. Do not worry about not becoming obsolete technology chasing around new technologies. If you outsource, you will be covered if the government or other regulatory bodies to change the rules and regulations that actually prevail.
You should be aware that the initial costs associated when outsourcing to India are very prohibitive. Do not let the installation costs of training facilities and discourage you. Dell, HP and IBM have outsourced to India and are making huge amounts of profits. Let's see why they have chosen India ...
India boasts of having the largest pool of qualified personnel and that is true. Each year 180,000 engineering graduates entering the labor market. Google has announced that its decision to install a center in Banglore is more motivated by the largest pool of experienced people that the financial aspect.
Although there is actually a good telecommunication infrastructure in terms of ISP and cellular networks, the government passed a new National Telecom Policy and encouraged private companies to engage in telecommunications. The excellent submarine and satellite provide a good high banda connection to the rest of the world.
The stable pro-IT government has voted several projects that will support the growth of the BPO industry. As one of her goals is to increase foreign direct investment, the government provides various incentives to encourage investors to set there. Some examples are 10 years of tax exemptions, deductions from expenses ...
Also, do not have to worry about the legal aspect, as India is often changing its laws to be in line with international laws and procedures such as the World Trade Organization. You can also decide which laws apply and in a position to assert that the contract binding you with the outsourcing company. It is possible for the state such that in case of disputes shall apply the laws of the United States. You therefore do not need to learn or worry about the Indian legal system .......
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