Top 7 Outsourcing Misconceptions and Myths Debunked

Many myths persist about outsourcing, and they often stop business professionals from taking advantage of the strategy, even when there are good reasons to do so. Here are seven outsourcing myths to debunk during your next talent search.

Outsourcing Misconceptions

Top 7 Outsourcing Misconceptions and Myths Debunked

Myth #1: Outsourcing is only for big businesses

One of the most pervasive myths about outsourcing is that only big businesses need to do it. But there are many reasons for outsourcing at every size, including:

● Cost 

● Flexibility 

● Increased speed to market 

● Access to additional tools and processes

These are all worthy goals and hardly limited to big businesses. A primary example of how outsourcing benefits small and large businesses is mail management.

Entrepreneurs particularly benefit from this correspondence model since acquiring a virtual address takes mail management off their shoulders and puts it squarely into the hands of a competent, fully-staffed service location. Technology like this leaves you free to prioritize more urgent client business. Regardless of your company’s size, the time-saving benefits of outsourcing are a boon for your available work hours.

Myth #2: Outsourcing is expensive

Another prevalent myth about outsourcing is that it’s expensive. In fact, it can be more cost-effective than hiring new staff or pulling your existing team from their regular duties. Outsourcing to other countries saves companies operating out of North America and the UK a considerable amount of money. 

Myth #3: Outsourcing means virtual assistance

Yet another pervasive myth about outsourcing in business is that the only way to do it is through a virtual assistant. Many people find it more efficient to establish a team of people with expertise in a particular area, like bookkeeping, administration, or marketing.

Myth #4: Outsourcing causes miscommunications

Businesses are also reluctant to outsource because of the myth that outsourcing leads to miscommunication. It’s natural to think that if you hand off a job to someone external, information may be lost in translation.

In practice, that’s not what happens. When your business starts outsourcing, you draw up a contract outlining who is responsible for what. As long as both parties keep on top of documentation and correspond regularly, there’s no reason your business should suffer any more miscommunications from outsourcing than it would in a working day. 

Myth #5: Outsourcing takes away your control of your business

Another concern people have about outsourcing is that you will lose control of your business, but this misconception isn’t true either.

Businesses that outsource work maintain control of their business. And because a reliably outsourced enterprise draws up a contract, you can dictate what work can go to other agencies. All that’s changed is that you now have additional experts helping you work to the best of your ability. 

Myth #6: Outsourcing steals local job opportunities

The perception that outsourcing businesses take jobs away from more local jobseekers is another myth that needs debunking.

One way to alleviate this concern is to involve employees in the hiring process. It is an excellent strategy to draw up lists of tasks detracting from their productivity because it puts the need to outsource in context. Instead of taking jobs away, it frees up space for your existing employees to reprioritize their working day and get more done. 

Myth #7: Outsourcing is inefficient

On paper, redistributing work between offshore workers and existing employees may sound inefficient. But what it does is allow your workers to focus on work that needs immediate attention. Additionally, you have a team of competent, expert workers managing the less urgent work your onshore employees can’t prioritize.

Conclusion:

When done thoughtfully and effectively, outsourcing helps your best to produce the results your clients want at the standard they expect.

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TechGlobeX: Top 7 Outsourcing Misconceptions and Myths Debunked
Top 7 Outsourcing Misconceptions and Myths Debunked
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