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Global Sourcing at CrossRoads: Outsourcing Risks Vs Business Value

Tags : Global Sourcing, Outsourcing Risks, Business Value, Global Delivery, IT Services, Global Teams, Offshoring, Outsourcing, Indian IT industry, China IT, IT Industry, Information Technology Industry, IT market, IT Costs, IT Global, offshore outsourcing, IT outsourcing, Outsourcing services, business process outsourcing, business outsourcing, IT consulting, BPO
Industry : IT Services, Technology Consulting
Functional Area : Outsourcing, B2B Sales
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About "Global Sourcing at CrossRoads: Outsourcing Risks Vs Business Value" topic:

There are many a thoughts, ideas, issues, challenges and solutions that are currently facing the outsourcing sector. From an end-user's perspective what are the most significant trends, drivers, business models, issues and risks that impact a CIO's decision. Both IT and BPO domains and providing a global perspective (as Outsourcing is now almost synonymous with Offshoring), but at same time it has become much more complex as a discipline. So how can they manage the risks and downsides while maximizing the business value and achieving their overall corporate objectives. Do share your views on this.

1 trends , 2 insight , 4 question on topic: "Global Sourcing at CrossRoads: Outsourcing Risks Vs Business Value"
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Agreements and contracts are done in accordance within certain governing rules and regulations, for a particular period of time, for varied set of reasons. At the end of agreement, you aren't too much worried, as you are aware of achieving results or loosing the contract. But dillems is there for clients organizations in case of business ousourcing contracts, what to do, which strategy to follow, is it advisable to take service back in house or find a new service provider? It is not easy to find any easy path to follow, as there mayn't be compatibilities and relevances. Here in this article we will try to look at the best suitable methods to adapt and how to proceed and make things work out...
Parth Pandya  |  Commented  |  1 year ago
I believe that if you are Outsourcing the process then you should make sure that it is going in the best hands of Best Service Provider in the Industry and will get 100% ROI. Getting the service back in House could be a time consuming process but...
 
 
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What do you think in this competitive environment where does we stand? What is the future of Outsourcing Business in INDIA???  What are the threats from China, Singapore, Thailand and other countries...
Kenny Pradeep  |  Answered  |  1 year ago
Not a threat at all. Companies may go for the cheaper ones but the accent and pronunciation of the people from this region is very difficult and hence in longrun India will be the winner.
sumit kumar  |  Answered  |  1 year ago
it is definitely being a part of growth on Indian economy
Deepak Bhargava  |  Answered  |  3 years ago
Hi, You can read the articel on this topc from  Frost Sullivan. http://www.zdnetasia.com/news/business/0,39044229,62028402,00.htm Deepak
 
 
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Offshoring to India is on the move and definitely the market will get wider with many small and medium sized businesses of the US eyeing on India's offshoring industry. Definitely, India will be a hot favorite spot for it provides best in quality work and cheap labour. But then it is extremely important to take care of legal issues while outsourcing to India.   Few factors that needs to be taken care of are explained below TAXATION Taxation policy of India has a great impact on offshore outsourcing. always have an eye on the tax implication you have to deal with.This is an important legal aspect to deal with, because different countries have different tax laws.   HETEROGENEOUS LEGAL SYSTEMS...
aditya ghare  |  Commented  |  2 years ago
Thank you Mr Singh, very informative outline of the legal perspective.
 
 
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 Is it the integration of economic, political, and cultural systems across the globe? Or is it Americanization and United States dominance of world affairs? Is globalization a force for economic grow...
Kashif Billal  |  Answered  |  1 year ago
Beautifully Articulated Mr. Sultan.
SRINIVASAN P  |  Answered  |  1 year ago
GLOBALISATION IS THE PROCESS OF OFFERING PRODUCT OR SERVICES - STAMPED WITH EXCELLENCE - TO PEOPLE OF THE WORLD,  UTILISING THE RESOURCES - PEOPLE , MATERIAL, MACHINES,  TECHNOLOGY, PROCESSES AND LEADERSHIP WHEREVER THEY MAY BE LOCATED; MORE...
Ahmed Sultan, ITC  |  Answered  |  2 years ago
Globalization is a process of interaction and integration among people, companies, and governments of different countries. It is a process initiated by international trade and investment and aided by information technology. That process has...
 
 
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After doing some research, I was able to find what large section of both corporate India and US believe on Obama's New Tax plan...... Tax Point of View President Obama said that his new tax plan will do a lot of things including create more US jobs. Obama said that the government would offer a tax cut to companies that do their research and development in the United States. And that will 'jump-start job creation,' he said. However, most tax policy experts differ with the US Prez here. They feel that the proposals, if implemented, could raise revenue for the government but are unlikely to boost US jobs. Eric Toder, a fellow at the liberal Urban Institute and former assistant secretary of tax...
Nanjappa M.G.  |  Commented  |  2 years ago
The Tax Plans of any given year of any country will only be felt after a few Years later, as the implementation processes will take time. Mere announcements are no changers of any ecomonics as the fine print are not usually eloborated in the Tax...
ATMA RAM CHAVALI  |  Commented  |  2 years ago
good input, american companies really outsource to India because we have talented pool at a cheaper rate when compared to their per hour pay
 
 
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Vivek Singh  |  Answered  |  1 year ago
If you have tried making the Sambalpur University campus cleanest and most maintained academic campus in the world without complaining about funds, your senior's attitude, user's contribution etc., you should have got your answer.
 
 
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PS Dhingra  |  Answered  |  1 year ago
All is just a guess. However, it is going to be tremendous in the very near future.
Anand Balasubramanian  |  Answered  |  1 year ago
Yes, I stand by with Kumuda, it is growing and currently it is $600+ billion worth. Of course, India has got 20-30 % i believe. Shankar, you can confirm India's contribution on this.
 
 
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