Outsourcing happens when one company contracts the services of another company for its business functions where this business function used to be done in-house. Now the company is delegating its services to a different company to save time, effort and money. These services include software writing, financial management, legal and medical transcription, animation and call centers.
The Philippines ranks next to India; it is the second BPO destination in the Asia Pacific region. Although the Philippines at present ranks second to India but it has been globally known for IT enabled services. Currently there are 300,000 people employed nationwide through outsourcing in the Philippines. The government still aims to increase its growth rate to meet worldwide demands.
Many young Filipinos are now working for outsourcing companies in the Philippines. This has been a fast growing industry where many people work for varied positions in call centers. Call centers are believed to contribute quite an enormous income to the country's national budget. It is indeed very impressive as this industry is growing strong and the government aims to invite more foreign investors to come to the country.
Philippines take pride in offering world-class facilities to most clients. Foreign investors invest in our land as they can save operations and labor costs which are cheaper as compared to other countries. Education from school has equipped and trained Filipinos to speak and write fluently the English language. They are also known to be hard-working and knowledgeable with their job which makes them highly competitive in the global market. This is why more jobs have been generated for Filipinos.
Outsourcing in the Philippines can create a large contract that is legally binding between a service provider and a company that outsource its services. Foreign investors benefit a lot if they outsource their business functions in the country. This gives them ample time and budget to focus on the core business. As they delegate the job to service providers, they worry less about management and operations of outsourced jobs. When they head on for expansion, it will be easy for them as they have created foundations in other countries.
Outsourcing may tend to hamper good rapport between the company that have outsourced services and its customers. This is because there is no direct communication between the two. This company will just need to rely with whatever information is given by its service provider; otherwise they know nothing at all. What will work for them best is to require service providers to give them feedbacks about customer relationships and how they can build better products.
The Philippines ranks next to India; it is the second BPO destination in the Asia Pacific region. Although the Philippines at present ranks second to India but it has been globally known for IT enabled services. Currently there are 300,000 people employed nationwide through outsourcing in the Philippines. The government still aims to increase its growth rate to meet worldwide demands.
Many young Filipinos are now working for outsourcing companies in the Philippines. This has been a fast growing industry where many people work for varied positions in call centers. Call centers are believed to contribute quite an enormous income to the country's national budget. It is indeed very impressive as this industry is growing strong and the government aims to invite more foreign investors to come to the country.
Philippines take pride in offering world-class facilities to most clients. Foreign investors invest in our land as they can save operations and labor costs which are cheaper as compared to other countries. Education from school has equipped and trained Filipinos to speak and write fluently the English language. They are also known to be hard-working and knowledgeable with their job which makes them highly competitive in the global market. This is why more jobs have been generated for Filipinos.
Outsourcing in the Philippines can create a large contract that is legally binding between a service provider and a company that outsource its services. Foreign investors benefit a lot if they outsource their business functions in the country. This gives them ample time and budget to focus on the core business. As they delegate the job to service providers, they worry less about management and operations of outsourced jobs. When they head on for expansion, it will be easy for them as they have created foundations in other countries.
Outsourcing may tend to hamper good rapport between the company that have outsourced services and its customers. This is because there is no direct communication between the two. This company will just need to rely with whatever information is given by its service provider; otherwise they know nothing at all. What will work for them best is to require service providers to give them feedbacks about customer relationships and how they can build better products.
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