when should you outsource a business process?

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When Should You Outsource a Business Process?

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Business


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Page 1: When should you outsource a business process?

When Should You Outsource a Business Process?

Page 2: When should you outsource a business process?

It is ideal for a business process to be outsourced when:

The process is not your core competency

The process is repetitive and needlessly engages your valuable resources

The process drains resources meant for your core business

Skill sets required are rare and too expensive to hire locally

Page 3: When should you outsource a business process?

When the process is not your core competency

Follow the strategy - do what you can do best and outsource the rest

Outsource any process that is not directly connected to revenue generation

All the temporary processes can be outsourced

Page 4: When should you outsource a business process?

When the process is repetitive and needlessly engages your valuable resources

When a task become repetitive, it is advisable to outsource it

Such tasks use your valuable office space and infrastructure

Hiring local employees for these tasks is cost prohibitive

These tasks include HR, data entry, payroll, accounts and administration etc

Page 5: When should you outsource a business process?

When the process drains resources meant for your core business

When a process becomes a liability, outsource it

Such processes drain out valuable resources and give little returns

Your in-house talent is meant for the most profitable processes

If any other process is using this talent, it is high time you outsourced that process

Page 6: When should you outsource a business process?

When skill sets required for the process are rare and too expensive to hire locally

Some business processes require rare skill sets

Such skill sets are usually very expensive to hire locally

These sill sets include engineering, CAD design and animation etc

When a business process requires these skill sets, outsource it to lower costs and enhance efficiency