8 essentials steps to offshore your business

8 essentials steps to offshore your business

Definition of rehearsal phaseGetting to know your offshore partner better

Preparation of a project plan/modelChart out a comprehensive project model to be adhered to strictly

Initialization of guidelinesInitiate regular reviews with the parent company to ensure that both are progressing on the right path

All-round focus on process and business outcomesAn offshoring company should have processes that drive work efficiency and concentrates on incessant improvements on the delivery front

Set up a quality support frameworkCreate a framework of the performance indicators that include quantitative, qualitative measures, business outcomes & targets set

Manifestation of clearly defined targets and results that are quantifiableA balance needs to be maintained on this front, ensuring that targets or results that are reasonable and achievable. If not achieved the offshore partner to be held accountable.

Assessment of impact on business componentsIt is important to measure the ROI, because that is why you decided to outsource on the first place

Adherence to defined payout criteria and timelinesFailure to make payments as per agreements may lead to legal trouble

Today’s business market is a great place for offshoring companies to thrive. The trick lies in creating the appropriate pricing structure that judiciously utilizes all the available resources and provides business outcomes of paramount quality. To know more about a Dedicated Global team click here