Outsourcing, is it really something new?
Come on, really. Is Outsourcing new to business? How come there are a lot of fears about it? Outsourcing has been around for years and years.
Businesses have been outsourcing projects and workloads for a very long time. Here are some examples of outsourcing that has been around for a long time.
Janitorial or cleaning services.
Marketing or Visual graphics
A lot of things have been outsourced to other specialty companies by other companies to save on their costs. Imagine, hiring an entire department of Doctors to manage your companies employees health benefits. Or hiring dozens of people for your Janitorial needs. A lot of business would probably close down in a few months especially the small to medium sized ones. The good thing about outsourcing is that companies get the benefits of the services that is being outsourced at less the cost in their budget. Being able to contract out for projects that are short term without bloating their headcount.
Outsourcing also saves companies in terms of training, since they are about to take advantage of contractors with very specialized skills needed for the specific project.