Author Archive
Non-delegation And Wishful Thinking
By lperry at 14 July, 2010, 12:00 am
Time Management: Increase Your Personal Productivity and Effectiveness defines delegation as one of the many essential skills that a manager or any other person should learn. This is also one thing that an overworked manager lacks, and as a result, he never gets to finish a single task. A true delegator will have less time working and more time for crucial activities, such as planning for the business and work assignments, organizing human resource, and mentoring people to become better.
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Reasons for Outsourcing For A Growing Business
By lperry at 8 July, 2010, 12:00 am
For one, outsourcing can dramatically reduce operational costs. For example, a company relegating its customer service and support functions to an offshore call center in another country, can save a lot of money because of the cheaper labor cost in other countries. This reason is attributed to the rapid rise of call centers in Asian countries like the Philippines. The company would no longer need to train customer service representatives by itself. The BPO company does that in its own expense.
Read More >>Outsourcing Risks and Criticisms
By lperry at 8 July, 2010, 12:00 am
The greatest source of disapproval for a company’s outsourcing decision is the public itself. Because of the material difference in costs relating to labor, outsourcing can sometimes include off shoring some operations to other parts of the world, where the labor rates are cheaper compared to a business’ home country. This fact draws the ire of some labor groups who claim that outsourcing is prejudiced against the local workforce and unfair to locals who could have benefited through employment in the firms. Some proponents of outsourcing are proposing that the concept can actually lead to lower prices which could universally beneficial not only to the market but to the public itself.
Read More >>Negotiations Of A Growing Company
By lperry at 8 July, 2010, 12:00 am
In some cases, the company may enter into meetings with representatives from the different bidders in order to discuss the details of the contract. This may involve clarification from both sides of the technical specifications dictated by the contract. If there are stages, the company may choose to reveal them sometimes under the protection of a non-disclosure agreement with the bidders. This stage allows potential suppliers to take a look into the requirements and make changes to their initial offer. This improves their qualifications for the contract. These changes will later on be used during the negotiation stage of outsourcing.
Read More >>Contract Finalization And Transition
By lperry at 8 July, 2010, 12:00 am
The terms agreed upon by both parties in the previous phase will make-up the provisions of the legal agreement and will form the basis of the legal documentation, which will embody the existing pact between them. This document will bind both parties upon execution. Finalizing a contract involves agreeing on the dates of the contract. There is usually a separate date for the signing of the contract which announces to the public the existence of the said contract and the effective date.
Read More >>The Transitions Inside Your Business
By lperry at 8 July, 2010, 12:00 am
Dr. Miriyala and Ms. Hufford proposed that both parties must be able to come up with a system to identify future risks that have not been identified in the early stages of the outsourcing process. For example, they could try to analyze what business continuity measures each could take in the event that one or even both parties go into bankruptcy.
Read More >>R Is for Revenue
By lperry at 8 July, 2010, 12:00 am
I like revenues. Who doesn’t? It only means that you have some profit from your business. On a larger scale, you can have more than enough for your needs and enough for your wants. Is it completely different from income? What’s the relationship between revenues and e-commerce or outsourcing?
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