The Benefits of Outsourcing
The Benefits of Outsourcing
Sometimes it is wiser or more apt to outsource an essential project than to do it yourself or to get it done from within the organization. Think of days where you are understaffed, days when clients are overburdening you with deadlines and work, and just days when you don’t think there is anyone in the office that is fit to complete a task. Given the fact that companies are increasingly branching out to diverse projects and activities, it is more unlikely that they have dedicated specialists for each task. That, however, also means that they may not have the resources to produce quality work for tasks that require more technical knowledge or skills. Outsourcing has recently seen a rejuvenation and rise to fame, especially with the increased scrutiny on organizations and difficulties in hiring and firing. This, coupled with the fact that globalization has made it easier for companies to outsource and find the ideal candidate, both financially and skill-wise, means that there are many reasons to consider outsourcing a project. Here are a few:
Free up Time
The first is that outsourcing will help you and people at your organization to free up a lot of time; some projects, especially those related to software and design, can be very time-consuming because of its logistical requirements rather than the requirements of the task itself. It would be a waste of time and energy for you to dedicate such tasks to employees who could utilize their time much more effectively, so it may be wise, in the interest of time, to outsource any such projects.
Another advantage of outsourcing is that it will help you and your organization grow faster than it could otherwise have. Think of a situation when you have the chance to take on a huge order but are not staffed enough to provide for or accommodate such an order. In such a case, you will have to refuse an excellent opportunity because of inadequate staffing, but with outsourcing, you can take on as many projects and orders as you want. This will help your organization grow faster, which is the ultimate task.
It is also pertinent to note that some highly skilled and professional workers choose to work as freelancers, meaning that your organization is unlikely to produce a high standard of work through its employees. Content writing, for example, may not be the strong suit of a tech-organization. In such cases, hiring freelancers and outsourcing work significantly increases the quality of the work that your organization can produce.
An added benefit of outsourcing is that it is increasingly becoming beneficial regarding cost and resource saving. Providing employee contracts may seem cheap if the only wage is considered. If you factor in the number of time employees work and the number of hours it takes them to complete a task, as well as other factors such as insurance, paid leave, and pensions, you will see that outsourcing to freelancers is much more economical than hiring full-time or part-time employees. Outsourcing also works on the basis of projects rather than working time or hours, resulting in a more efficient allocation of finances.
No need to commit resources
Outsourcing will also help in ensuring that you do not commit as many resources on a project that you would otherwise have, had the project been completed in-office. These resources can be as simple as the printing machine or the Wi-Fi network, or as enormous as the need for computers with more computing power or initial investments. By outsourcing your work to freelancers who already have these resources, you will also save on resources. You may also be able to have a few more empty desks and computers if you wish to hire full-time employees for other tasks!
Again, outsourcing your work will significantly increase the capacity of your organization while also making sure that a slower market or a shortage of orders does not bear the financial cost of overstaffing. By adopting a flexible way to hire and fire and staff and cut down on staff, outsourcing will monumentally increase your capacity to take on more work while also protecting the company from the perils of a slower market.
No HR worries
Several issues come with hiring full-time or part-time employees, one of which is HR problems. You may be stuck with an employee who is not fit for the organization or does not have the right attitude, which is a nuisance for an organization that is looking to grow. With outsourcing your work to freelancers, all you need to worry about is the end-product.
All in all, outsourcing presents a wide range of benefits that are wholly positive for any organization. Outsourcing is beneficial financially, logistically, and growth-wise. If this article made sense, and you wish to begin outsourcing your work…
…take a look at the expertly-prepared checklists that we have for outsourcing work.