Your core competency is what makes you business stand out from the rest or you can put another way. The reason in your business exists in the first place. Most of the businesses is looking to cut costs or save time outsource their core work to someone else. Most other companies simply don’t have the high standards that you have. If they did, they will be you competitor. If there is one thing that separates you from your competition, it is best to keep that where it belongs in the house.
One of the most common people outsource is to save their business valuable time. Yet, before pulling the trigger on an outsource be sure to refine the process first. When you hand the task to an overseas firm they won’t carry the inefficiency that were taking up your company’s time. This may be a bit more work up front but it can save serious money when you are paying someone per hour to do the work.
You need to know how to manage, another important questions is to ask yourself whether it not want to keep tabs on the outsourcing company or simply let them do their thing. There is no right to answer to this as it depends on the personal preferences and the type of work that the company is doing.
REFERENCE:
http://www.eastvantage.com/articles/how-know-whether-outsourcing-your-businesss-best-bet
