- Outsourcing has pros and cons; it is an issue that has been debated tremendously through time from both sides of the business perspective. Companies are constantly trying to match the demands of investors and tough competitor markets – relying on cutting cost, without sabotaging quality, as a result … they outsource jobs that are important but not critical to the operation, leaving those to more skilled workers domestically. Some of the pros of outsourcing:Cheaper labor cost
- Frees up resources to focus on integral business operations
- Allows the company to remain competitive in an ever changing technological environment
Outsourcing also has drawbacks, first and foremost: offshoring the wrong jobs and losing capabilities instead of maximizing opportunities. Also, a company could lose touch with its proprietary information and become captive of foreign vendors – it’s important to remain on the forefront of what is happening with foreign offices.
