Advantages & Disadvantages of Outsourcing
By · CommentsCompanies have tried to increase their competitive advantages since the Industrial Revolution. However, in the 1950’s and 60’s diversification and economies of scale became the new trend, and in the 1970’s and 80’s those companies who wanted to compete globally, were handicapped due to the complicated management structures that had come into place.
It was not until 1989 that outsourcing became formally recognized as a so called “business strategy”, and from the 90`s the areas such as those below became the focus for outsourcing.
Human Resources
Security
Office and Plant Maintenance
Accounting
Mail Distribution
Recently, developing partnerships and strategic advantages have been used as a means to get closer to the customer. For example some companies use outsourcing companies to handle their customer service department, since it is such an important portion of their business.
Advantages of Outsourcing
Even though the benefits of outsourcing are many, each project should be dealt with on an individual basis. There are many ongoing operational costs that can be avoided if you outsource and that should be taken into consideration, however it should be [...] Continue Reading…
Time Management Tips for the Work at Home Parent
By · CommentsEven the best laid plans can go awry when you have children. The trick is to plan for everything and, whenever possible, stick to the plan.
It can be hard for children, especially very young children, to understand that mommy or daddy are really working when they are at home and if you have very young children, you may need the support and assistance of your spouse or someone else to help you to reach your goals while tending to your children. Parents who work at home have to make time management a priority in order to be successful.
If Your Children are in School
If your children are in school then you most likely have a readymade schedule already. Take advantage of the time they are at school and make this time your workday.
Resist the temptation to do household chores or other things and concentrate on the part of your business that demands your undivided attention during this time. There will always be mundane tasks that you can complete in the evening when [...] Continue Reading…
