One of the recent headlines pointed out that all the hullabaloos about offshore outsourcing particularly aren’t needful. According to the details of this headline, “A closer and unbiased look will reveal that the a country isn’t really losing out when companies in such country outsource jobs to oversea workers.”
The report further states that “those who are all the rage against sending jobs outside of the shores of the country are not employing good judgment when they conclude that the outsourcing country’s economy is dwindling as a result of taking jobs abroad. This is completely a biased judgment as it doesn’t always look at the bright side of offshoring to a country’s economy.”
So, How Does Offshore Outsourcing Impact a Country’s Economy Positively?
You really don’t have to look too far to see that a country such as the United States is also boosting its economy when companies and businesses in the U.S. send some of their tasks to top offshoring destinations such as the Philippines and India.
First, let’s look at some of the key reasons companies hire oversea workers on a contract basis for tasks accomplishments. Outsourcing jobs abroad helps US firms to achieve significant cutthroat price benefits in the global marketplace.
According to the production manager of one of the big companies surveyed, “one of the best and fastest ways to grow any company is to significantly cut down operating costs, which is best achieved through outsourcing.
And, talking about its positive impact on the US economy, outsourcing has a completely positive impact on the United States Economy. This is because companies save huge cost by leveraging outsourcing (offshoring especially), boost opportunities for improved entrepreneurship, and the tax on the huge profits resulting from outsourcing obviously benefit the US economy significantly.”
So, to be fair to outsourcing, it’s high time that those pointing out only the bad side of offshoring started pointing to the numerous goods sides and positive impacts of outsourcing to the US economy.
Once we all begin to look at the bright side of outsourcing to a nation, good perception will replace negative perception of this incredible business cost saving solution. Then, all the unnecessary rage against outsourcing will come to an end.
“The truth is, outsourcing offers a win-win situation – the outsourcing service recipient/country wins, the outsourcing destination also wins. With this truth in mind, let’s rest the case and embrace outsourcing totally.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! inspires entrepreneurs build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.