Tag: outsourscing

Why Do Companies Outsource? Consider 5 Benefits of Outsourcing

Outsourcing refers to an approach companies take to contract specific processes or tasks to another company or firm. A company that may lack specific expertise in certain areas of a project may outsource to fill the gap in the most cost effective way possible. Outsourcing allows a company to take on bigger projects or gain…




Would ‘In-Sourcing’ Be In and ‘Out-Sourcing’ be Out?

The recent global economic upheaval has set the global brains looking for a new business model that can work well in an adverse economic environment. In my view, comparison of current economic downturn to the great depression of the 1930s is like an orange – apple comparison since the economic landscape of the 1930s did…




Best Outsourcing Model for a Start-up?

What is the best outsourcing model for a start-up? Every start-up needs to scale operations, especially development, at some point of time. However, they face many challenges such as 1. Availability of required skill set in the local geography to the build the right R&D. 2. High costs of hiring people with desired expertise. Additional…