Harvard Business Review

MARCH 13, 2013

Captive offshore operations centers — company-owned delivery units located in low-cost countries such as India and the Philippines — have come a long way. Originally designed to provide labor cost arbitrage, they are now on the brink of being a source for strategic advantage.

Offshoring 8

Offshoring Cost Benchmarking Operations 8

Great Leadership By Dan

JANUARY 2, 2020

As I’m fond of saying, “You can’t offshore, automate, or AI creativity.” Now you can begin to narrow down the universe of possibilities, solving for the challenge question and factoring in degree of change, and ease and cost of implementation. That’s why I’m on a mission to share this skillset with sales executives. Develop Vertically.

Creativity 192

Creativity Brainstorming Offshoring Audience 192

Strategy Driven

JANUARY 28, 2020

Do you wish to cut down on your costs without compromising your services? Apart from its cost-cutting benefits, outsourcing helps companies focus on their core business. This is important considering the different limitations and cost pressures that businesses face in regard to their outsourcing needs. billion in 2018.

Outsourcing 66

Outsourcing Trends Offshoring Telecommunications 66

Harvard Business Review

JANUARY 24, 2014

Just because a company can offshore some portion of its operations doesn’t mean it should. The benefits might come in the form of easily recognized savings on the balance sheet, but the costs may accrue over time in the more obscure form of added organizational complexity.

Offshoring 8

Offshoring Innovation Restructuring Globalization 8

Strategy Driven

OCTOBER 28, 2020

Then analyze the cost of your venture and determine the appropriate methods to fund your idea. Then, consider whether you want to locate your company in offshore countries or not, based on your government jurisdiction. Freelancing is especially a cost-free way to earn money online. Then conduct a SWOT analysis. Conclusion.

Affiliate Marketing 72

Affiliate Marketing How To SWOT Offshoring 72

Harvard Business Review

JANUARY 12, 2011

Over the last decade, offshore manufacturing seemed like a no-brainer. dollar, rising fuel costs and the risks inherent in longer supply chains have many companies rethinking their sourcing strategies. Offshoring isn't going away, but companies will have to be smarter about it. Is it time to retrench?

Offshoring 15

Offshoring Supply Chain Outsourcing Cost 15

Strategy Driven

JUNE 5, 2015

There are financial factors too, and your operational costs may be lower when outsourcing. The investment required to find, employ, and train staff to do so often outweighs that of the one-off cost you would pay a freelancer or a small web developer company. There are offshore markets to explore too.

Outsourcing 50

Outsourcing Strategic Planning Offshoring Resources 50

Strategy Driven

OCTOBER 14, 2017

CFS International Formations offer a trademark search on their website for those interested in offshore company formation. Have you worked out how much your living costs, transport, rent and any of other bills may take out of your budget? Be Careful with Money. Knowing how much to put in a company is hard.

Company 57

Company Offshoring Transportation Licensing 57

N2Growth Blog

NOVEMBER 16, 2010

Moreover if they decide to develop the application should this be done internally with existing staff, or outsourced, and if outsourced will it be done domestically or offshore and who will manage the process. They innovate & reduce cost to customers. mikemyatt: RT @thinkBIG_blog: Cheap always costs you mo. Thank you again!

Blog 293

Blog Outsourcing Competitive Advantage Innovation 293

Harvard Business Review

OCTOBER 29, 2013

What if the United States set itself the goal of cutting healthcare costs in half — without sacrificing quality, and in about a decade? Of course, the United States is not India, so its costs will always be higher. healthcare costs in half is not preposterous. healthcare costs in half is not preposterous. Sound undoable?

Health Care 8

Health Care Cost Lean Production Offshoring 8

Harvard Business Review

MARCH 1, 2018

output comes from fracking operations that have cut costs dramatically since slumping prices in 2014 forced dozens of companies into bankruptcy. Or they can develop conventional reservoirs where it will require long-term investments in new technologies to bring the cycle times and costs more in line with those of nimble shale producers.

Offshoring 10

Offshoring Price Transportation Long-term 10

Harvard Business Review

MARCH 26, 2015

The quest to cut costs per engineer drives new entrants into using engineering and R&D resources from India and China. However, we found that the companies who are most successful with global engineering have vastly different motivations beyond cost reduction, albeit some of the same challenges as new entrants.

Offshoring 8

Offshoring CTO Company Engineering 8

Harvard Business Review

DECEMBER 30, 2013

continues to lose manufacturing jobs to offshore plants, but those losses are now being offset by inflows. An example is Whirlpool, which is moving some of its washing-machine production to a plant in Clyde, Ohio, from one in Monterrey, Mexico, mainly to take advantage of lower energy and product-transportation costs.

Offshoring 8

Offshoring Transportation Energy Report 8

Harvard Business Review

JUNE 8, 2015

Identifying the early onset of abnormal operating conditions minimizes disruption and avoids unnecessary periods of down time that often result in lost production or increased costs. It also means that experts can be consulted remotely from anywhere around the world, as required.

Efficiency 8

Efficiency Offshoring System Operations 8

Harvard Business Review

JUNE 4, 2015

These have multiple causes including the shift of the economy to services and information-intensive activities, productivity growth, the appearance of new products and services, demographics, and continued offshoring that now includes services ranging from call centers to medical procedures. million, were the largest in U.S.

Technology 8

Technology Offshoring Marketing Health Care 8

Harvard Business Review

JANUARY 25, 2016

Services offshoring in the early 2000s broadened the attention to services. President Obama’s revival of wage insurance is not about trade or services offshoring as a cause of job loss. Fifteen years ago, the conversation was about manufacturing job loss related to import competition. What wage insurance does.

Insurance 8

Insurance Offshoring Long-term Policies 8

Harvard Business Review

DECEMBER 29, 2014

Strategies that use both internal and external (outsourced) resources enable sales ops leaders to build and manage these diverse capabilities cost-effectively.

Offshoring 10

Offshoring Outsourcing Analysis Incentives 10

Harvard Business Review

DECEMBER 21, 2011

Adding legitimacy to this skepticism are new technologies that enable automation of routine transactions, offshoring and shared service organizations that specialize in managing many tactical elements of HR. Within the first year of our effort net sales increased 27 percent while fixed costs were reduced by 40 percent.

Offshoring 14

Offshoring Fixed Costs Outsourcing Construction 14

Harvard Business Review

APRIL 2, 2012

As a result, many companies cut costs in those areas, just as they outsourced manufacturing decades ago. to low-cost countries by 2015. But if your previous company isn't keeping your skills at your high-cost location, chances are high that prospective employers aren't either. Get on the cutting edge of your discipline.

Marketing 16

Marketing CPA Outsourcing Forrester 16

Harvard Business Review

JULY 19, 2016

It is our money that funds these companies, and, through investment institutions, we reap the dividends from their profits to pay for our pensions and other costs. Some might object that this would cost money. Its investments support our prosperity. Without them, it is difficult to imagine a functioning modern economy.

Company 8

Company Offshoring Finance Committee 8

Harvard Business Review

MAY 14, 2013

For some time now, it has been obvious that these companies will have to go beyond the offshoring model that served them well in the past and develop innovative new ones. Moreover, governments, concerned about job-creation, data-security, and user-privacy, are challenging the offshoring model.

Offshoring 8

Offshoring Information Technology Automotive Technology 8

Harvard Business Review

JUNE 13, 2018

As a result, they may achieve modest savings, but in many cases they will miss out on opportunities to dramatically improve process outcomes, quality, costs, and cycle times. The purpose was to address historic quality issues as work was offshored, but these steps became redundant with the certainty of accuracy that RPA brings.

Process 12

Process Six Sigma Company Technology 12

Harvard Business Review

MAY 21, 2013

The death of over 800 people in the collapse of Rana Plaza , a building with garment factories in Bangladesh, spurred widespread outrage over working conditions in offshore factories. Non-governmental organizations have calculated that it would cost about $600 million per year to bring all Bangladeshi factories up to Western standards.

Business Model 8

Business Model Supply Chain Compliance Disaggregation 8

Harvard Business Review

FEBRUARY 21, 2012

R&D and manufacturing must be located close to each other so their people can together figure out how to develop a product that can be manufactured at a cost and level of quality that will make it a commercial success. to Asia.

Supply Chain 15

Supply Chain Offshoring Engineering Pharmaceuticals 15

Harvard Business Review

APRIL 16, 2012

Barring a tax holiday, this cash is effectively "trapped" offshore. Strategic cash usually is invested in high quality short-term securities; this ensures safety and liquidity, but produces a meager return on investment—especially in a low interest rate environment—and does not achieve the company's cost of capital.

Company 13

Company Cost of Capital Finance Long-term 13

Harvard Business Review

JUNE 4, 2014

But this is essentially a rebalancing after many years in which manufacturing shifted overwhelmingly to lower-cost nations such as China. Intriguingly, the study also indicates that cost factors are no longer the key consideration for many companies deciding where to locate their manufacturing. More companies are investing in the U.S.

Chemicals 8

Chemicals Automotive Supply Chain Offshoring 8

Harvard Business Review

JUNE 29, 2015

” If the answer to both is “yes,” I will serve you as inexpensively as possible using techniques such as self-help on the web, endless IVR loops (“for billing questions, press 1”) and/or offshore labor. Some firms may look at this situation and see operational headaches and increased service costs.

Company 8

Company Offshoring Self-aware Operations 8

Harvard Business Review

DECEMBER 13, 2010

In these days of temporary and consultant-heavy workforces, offshoring and outsourcing, a younger, technologically adept generation, and the plummeting cost of data storage, you would have to be pretty confident that you had an ace security team on the job to protect your sensitive data.

Offshoring 14

Offshoring Outsourcing Information Business Model 14

Harvard Business Review

MARCH 6, 2012

These factors include China's rapidly rising labor costs, which we discussed in an earlier HBR blog ; the increased value of the yuan; the challenge of managing long-distance supply chains; the quality control concerns that continue to haunt many manufacturers that have offshored production; and the significantly higher productivity of U.S.

Insourcing 9

Insourcing Supply Chain Offshoring Apparel 9

Harvard Business Review

MARCH 1, 2012

Favorable tax treatment, rather than labor costs or any other factor, is driving American biotech to relocate production in Switzerland, Denmark, or Ireland. By shifting much of their production to Asia, Western companies have also offshored critical aspects of innovation. In photonics, offshoring has sometimes prevented U.S.

Contract Manufacturing 8

Contract Manufacturing Offshoring Supply Chain Biotechnology 8

Harvard Business Review

FEBRUARY 5, 2014

.” In other words, green advertising functioned as an insurance policy against the cost of an environmental disaster. Specifically, the researchers reached three notable findings: Consumers punished BP temporarily.

Advertising 9

Advertising Offshoring Incentives Price 9

Rajesh Setty

DECEMBER 4, 2008

We had offshored our development team but when we did a rightshoring exercise, we found that a dual-shore approach works better. Apart from using PPC (pay-per-click) and CPE (cost-per-engagement) based advertisements to jump-start adoption, we have engaged some experts to work on social media marketing.

Blue Ocean Strategy 30

Blue Ocean Strategy CPM Licensing Open-book 30

Harvard Business Review

SEPTEMBER 26, 2012

The large offshore providers, of which Mu Sigma is the largest, are also getting in on the big data game. The big analytics providers, including Accenture, Deloitte, and IBM, are all gearing up on the topic, and there are a variety of boutique firms that have formed. BIG DATA INSIGHT CENTER. An HBR Management Puzzle.

Offshoring 8

Offshoring CIO Consultative Resources 8

Harvard Business Review

MARCH 14, 2011

No, it's about cost. And without going into massive detail on economics, I've always liked the really simple logic around renewables — they have zero variable cost (wind, sunshine, and underground heat are free). In short, compared to focusing on energy efficiency, nuclear is really expensive.

Energy 14

Energy Transportation Offshoring Cost 14

Harvard Business Review

JULY 28, 2016

While that is still relevant, the emerging digital economy has provided new channels to reach customers at better cost models. Because banking has since become a technology business, the future is for entities that offer top-grade personalized banking services to customers, largely driven by low-cost automation. What works in U.S.

Banking 8

Banking Industry Disintermediation Offshoring 8

Harvard Business Review

NOVEMBER 23, 2016

As you prepare for the inflection point, be pragmatic about cost-benefit tradeoffs. Build strategic advantage through the gains you achieve, beyond cost. Think about the overall organization in an automated world. Be mindful of the critical skills you need to retain, and the skills you need to build up. Take a full end-to-end view.

Early Adopters 8

Early Adopters Short-term Long-term Compliance 8

Harvard Business Review

FEBRUARY 24, 2012

Combine that with the offshoring mania among established manufacturers, and you've got a full-blown crisis. Very logically, investors are a lot more excited by social-networking and daily-deal web sites, whose small payrolls and nonexistent warehouses enable them to quickly reduce costs and ride out a recession. manufacturing jobs.

Finance 9

Finance Due Diligence Contract Manufacturing Supply Chain 9