Showing posts with label Outsourcing. Show all posts
Showing posts with label Outsourcing. Show all posts

Monday, June 18, 2012

3 DIY Tips - How to Prevent Getting Stuck Through Outsourcing

Reviewing The Old Mindset

Let's do a recap for you today by having a little reverse psychology: list down the things that you're currently hands on with and evaluate how productive have you been in managing time, competition and profit through these tasks. By taking the corporate world as an example, you will be adjusted from the way the internet marketing world works. Outputs may vary on how you finish what you're doing alone and what should be done to produce better profits at home.

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To help you get through this dilemma, let me give you the basics on how you'll start to prevent getting stuck by outsourcing your business in 3 essential steps:

Step 1: You Should Love Time Better

Everyone has been struggling to manage time properly because they haven't planned everything ahead. For a successful entrepreneur, planning is the first thing to enhance and fix broken schedules, the deadlines, and absolutely to automate the action plans to finish more tasks in less time. As my time has been getting more precious for me, I would always think of ways on how each day will be beneficial in my business by setting new goals planned today and will have to be enacted the next day. Definitely, you'll have to blend in with time like you're speeding it up - it's not that you'll be hurrying tremendously but it's the way you handle future targets by preparing ahead.

Step 2: Not Doing The Right Things But Doing Things Right

I've learned this mindset from Drucker's Wake Up Productive and The Effective Executive, all great resources on time management - he's shared trivial thoughts on how people will have to apply the right strategies for their businesses and not just by managing it the way they wanted. So if you think your business has been always the right thing for you to succeed, having the wrong ways to distribute tasks to your virtual staff could make time spent all wasted efforts. Why waste to always maintain and update your plugins but leaving your contents outdated? If you're having a really hard time to prepare for your next posts, start outsourcing it through your staff.

Definitely, you'll have to invest time training them and let them have this "personal" touch to allow them to camouflage the way you write from experiences but still in the end, you'll be surprised on how your blog has always been upgraded without even feeling your skyrocketing rankings in the search engines plus the increase in earnings in less than a month.

Step 3: Identifying The Outsourcing Benefits

If you're wondering how it's been easy for me to identify how outsourcing benefits my business then it's because I have started to target which could be more productive for me - if you still recall the 80/20 rule, it's how you should focus on which tasks will weigh better on income and which tasks play the role non-dollar productive ones and yet will compose most of the tasks essential to liquidate the 20% of your earning strategies in the business. In order to effectively do this, you should let go off your thoughts through your system applications. Since you have already evaluated your staff from the start, you should have determined beforehand that your systems will be in good hands the way you trusted them. Also, you'll not have to worry that you'll be out for weeks to attend a date or an important event and you're leaving your business because you know your virtual staff are able to handle issues and sustain management despite your absence. That's how the benefit works!

Best Results Happen For Best Reasons

Since I have outsourced my business, I realized that sometimes even expecting the impossible targets may happen by the way you dedicate yourself and putting enough time to think on how you'll be able to pre-plan a goal in just few weeks. Usually it'll be hard for most people who've always filled up their everyday schedules but freeing time through effective outsourcing may bring in positive results in the business even from the events that you never expected. Obviously, you'll sweat a little in investing time to teach your staff on how to go about your systems but once they've been through all these things that you manage, you'll feel it is the best time for you to initiate positive results and see brighter days as you've planned ahead of tomorrow's challenges.

3 DIY Tips - How to Prevent Getting Stuck Through Outsourcing

Friday, January 13, 2012

Ethics of Outsourcing

Many times, business organizations encounter the dilemma of ethical decision making. "If a CIO says 'I've never faced an ethical issue', they're not living in the real world," says Larry Ponemon, chairman and founder of the Ponemon Institute, a security and privacy research think tank based in Arizona.

Though business relationships are more economic in nature, their moral and ethical dimensions have an equal impact on profitability. When it comes to the ethics of outsourcing, matters become more complicated, as parities involved are continents away. A judicious choice between the right and the wrong person to do business with will determine the future of your outsourcing venture.
Why is it important to do business with organizations that are ethical?

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Ethical compliance presents a strong public image and upholds the integrity and character of an organization. Whether personal or professional, not many of us will want to associate with unethical individuals. It makes a lot more sense to do business with ethical organizations as it has a direct influence on the overall functioning of a business.

When things go wrong!

This is the acid test. The way your outsourcing partner reacts during a crisis is the best indicator of whether it is ethical or unethical. When there is mutual trust and responsibility towards each other, a crisis management mechanism will automatically evolve. Ethics creates a space for itself and in ensuring the smooth running of businesses.

Legal aspects

Legal perceptions may differ from one nation to the other and ambiguity could arise when a dispute occurs, leaving both parties in a fix. The association becomes easier when the parties have a legal, moral and ethical obligation to comply with the agreement, with due respect to international law.

Information Security

The core concern of outsourcing ethics is confidential information security. Privacy and security fall under the 'no compromise zone'. Sujoy Chohan, a consultant at IT research specialists, Gartner Company, says, "If there is any industry which is investing in security tremendously, it is the offshore industry, whether it is India or elsewhere".

Chief Privacy Officers are highly concerned about proper information security practices. If your outsourcing partner does not have adequate information security measures, it might be wise to stay clear of them.

How does an outsourcer identify organizations which are doing ethical business?

Everyone claims to be ethical. Though a clear definition of the parameters for identifying organizations with ethical conscience will be a difficulty, some factors are vivid.

Vendor reliability

It is nothing but trust that makes someone want to outsource. Weigh the dependability and reliability of the organizations to which you want to outsource.

A clear definition and practice of the ethical rules and privacy policies of the organization like non-disclosure of trade secrets, secrecy and non-disclosure contracts with staff, third party service providers and visitors is a prerequisite. This will reassure the outsourcer that it is safe to do business with a partner who is miles away.
Employee Credibility

Information security will largely depend on the people who handle the information. Organizations that implement tough employee credibility measures have a direct implication on its outsourcing ethics.

Communication

Clear and open communication channels are another sign of an ethical company. When a project does not go the right way, an ethical partner will always keep you informed of the problem and possible solutions and time needed.

Inquiry

A thorough enquiry should be made about the organization and their nature of work management. Talking to the employees and references will give a clear idea about the professional approach of an organization. Check if the following requirements are met by your outsourcing partner:

oProper information security systems

oAppropriate quality certifications such as ISO 9000 or SEI CMM

oAppropriate programs to protect the trade secrets of its clients, partners and their customers

oInfrastructure

oTraining and upgrading the security skills and awareness of employees.

oSafety of electronic data storage

oPresence of a whistleblower

oProper arrangement with third party service providers

How does being ethical help in reducing the risks of offshore outsourcing?

You can always find companies that offer services at very low costs. An ethical concern might seem to be a costlier choice. However, the price difference could be deceptive as the variation will only be in the initial cost. In the long run, the overall cost will prove to be much lower when you are working with an ethical partner.

Ethical vs. Unethical partnership

Unethical partnership:

oThe cost of maintaining the project and the relationship will be high

oLack of trust

oStrained relationship

oNon disclosure of facts

oLack of transparency

Ethical Partnership:

oReduced costs

oReduced risk

oCommon focus

oRelationship equilibrium

oKnowing the risks and managing them together

oProper management systems

Client responsibilities

Before making an outsourcing decision, the outsourcer should also be clear about the responsibilities that he should share. This will help in building a healthy relationship base.

owillingness to discuss

omanage expectations

olast agreed document should be the basis

obuild flexibility to contracts

oopenness to intermediate scope and price review

Make sure that all the loop holes which can disrupt the outsourcing process are dealt with. The benefits of outsourcing are sure to show up with safe outsourcing practices.

Ethics of Outsourcing