Who said small businesses can't outsource? There are ways to send your writing, IT tasks and other needs overseas to add efficiency to your enterprise. By doing some prior planning and following some pointers, you can get the quality help you need.
For 100 specific tips on how you can leverage India, visit HRWorld's, 100 Small Business Tips and Tricks for Effectively Outsourcing to India.
Medical tourism, or travel tourism as it is sometimes called, has been picking up momentum in the United States, where the costs of health care are often times quite excessive. Medical tourism is the practice of traveling outside of one's home country to simultaneously receive medical care (at a significantly lower cost) and take advantage of the opportunity to see a new travel destination, like Panama, Mexico, or India. The cost saving benefits are clear: for example, the average cost of a U.S.-performed breast augmentation is $8,000. The same procedure performed in Costa Rica costs a mere $2,900. The savings of over $5,000 easily covers your travel expenses and accommodations. Of course, there are some risks to consider as well. But overall, look for this trend to become more popular.
Hiring an outsourcing or HR manager is rarely an easy task. One of the first qualifications that you're bound to look at is education. We all know that Harvard, Yale, Stanford, MIT, and the like are consistently ranked atop the US News and World Report's America's Best Colleges. But with the job market the way it is, online degree-granting institutions are becoming more prevalent. The problem is: which are the top online colleges?
The Online Education Database has come to the rescue by publishing their new 2007 Online College Rankings to help sort out the mystery of who's number 1 in the online degree world. And who is number 1? Well, none other than Grand Canyon University.
Those who felt that there was a chance the outsourcing industry would die out, may not be too happy with this recent survey by KPMG. According to the study Strategic Evolution, outsourcing is increasing and almost all the organizations that are involved in this practice want to maintain their sourcing level. And quite a few of them even want to increase the sourcing levels. This survey which collated responses from nearly 700 organizations from 32 countries proves that the only path open to this industry goes forward.
Contrary to the belief in certain quarters that outsourcing is creating new problems, most respondents believed that service providers made positive contributions to the success of their organizations. Oh, and it was not only services that had improved. The financial baseline of most firms was also showing an improvement and as they became more lean and mean, their competitiveness increased. Too much good news for a day. What do you say?
By Priya Jestin, Staff Writer
Let’s play a game to check your GK. How many of these words make sense to you: Holi, Eid, Bandh, Ambedkar jayanthi, Ugadi? If you are a regular American with not much connection with the outside world, you probably wouldn’t know what most of these terms meant. Well, maybe we’d give you the benefit of doubt and say you know what Eid means.
All these words are associated with India, the India you deal with on a daily basis. Names of festivals, important dates and a general strike as was experienced in Bangalore recently. (Cauvery water dispute, anybody?) Most organizations don’t seem to have an idea about the holiday system within which their Indian counterparts operate.
This attitude doesn’t pertain to India alone. How many of you know about the Philippines, China, Israel or even Russia. Very few. Beginning today, let’s examine some of the important things you need to know about the various countries you deal with.
Getting back to Indian holidays, most people don’t understand the need to exert themselves on this aspect. If you don’t mind losing productive person-hours and reduced employee satisfaction and loyalty, then go ahead and bask in your ignorance.
What most people don’t realize is that you can work around such situations and even use these holidays as a relationship-building and motivational exercise for the Indian teams. So, how do you ensure that you don’t miss this opportunity? A few tips: