Focusing on the business
There are serious benefits to be gained from business process outsourcing (BPO), not least in the way it frees your organisation to concentrate on business growth and revenue-generation.
 
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Also, you gain access to the BPO provider’s considerable investments in technology and people. The BPO sector continues to buck the recessionary trend. Analyst IDC predicts the UK market alone will be worth $75 billion by 2006, and Ovum has predicted growth at 15 per cent in 2002-3.

There have been problems with outsourcing, but predominantly where companies saw it purely as a way of cutting costs (and staff). Lack of planning has also been a problem, and some outsourcing suppliers failed to invest in the appropriate infrastructure.

To help ensure your BPO project succeeds you need to analyse carefully what constitutes a core activity and what can be outsourced. Then you need to choose a partner – but cost is not the best criterion. A proven track record, accreditations and membership of industry bodies and, above all, the partner’s culture, processes and policies are all key factors. You also need to consider security and legal compliance. You need the best possible culture-fit between you and your supplier to ensure a solid business relationship.

 
 
 

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