article thumbnail

Strategic Staffing: The Advantages of Partnering With Outsourcing Companies for Remote Employees

Strategy Driven

This article explores the benefits of this strategic decision, particularly focusing on the advantages of remote and offshore teams. It goes beyond filling immediate vacancies and considers factors such as skill gaps, future needs, and market dynamics.

article thumbnail

How Co-Nationals Can Help Firms Thrive When Moving Overseas

The Horizons Tracker

Rather than those jobs going to un- or under-employed locals, the jobs often get offshored to places where the talent exists. The findings emerged from an analysis of the thousands of foreign firms operating in Russia. It’s a logical finding, but the researchers wanted to test the impact of doing this on profits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Outsourcing Trends You Should Keep an Eye on in 2020

Strategy Driven

In turn, this makes offshoring more efficient. In 2020, the market grew to $180 billion. Experts also believe that the quantum computing market will reach a value of $8 billion globally by 2027. Telehealth Market to Make Waves. Also, the cloud computing industry will likely continue to grow.

article thumbnail

Research: Don’t Offshore Your R&D

Harvard Business Review

Just because a company can offshore some portion of its operations doesn’t mean it should. That appears to be the case with the offshoring of research and development, according to a new paper from the Center for European Economic Research.

article thumbnail

What's Next When Offshoring Isn't so Cheap?

Harvard Business Review

Over the last decade, offshore manufacturing seemed like a no-brainer. for the first time in 2009 to become the world's top market for new vehicles. Offshoring isn't going away, but companies will have to be smarter about it. Most have barely tapped the surface of what they could achieve by operating overseas.

article thumbnail

The Market Punished “Panama Papers” Firms to the Tune of $230 Billion

Harvard Business Review

Since they were first published on April 3, the Panama Papers have thrust a spotlight onto world politicians, celebrities, and businesses sheltering money offshore. The largest release of data ever on the secret world of offshore companies led to the resignation of Iceland’s prime minister. So it’s an open question.

article thumbnail

To Outsource Is To Grow: Why It’s Good To Hand Over The Reins

Strategy Driven

There are financial factors too, and your operational costs may be lower when outsourcing. There are offshore markets to explore too. Many highly skilled developers can be found in emerging markets such as India, where costs are far lower. Let's say you want a new website designed. And all for a lot less money.