Godzillianaire or Bankrupt? (One either gets on board or gets left behind…)
Business process outsourcing has become a vital issue for UK companies and is forever growing nowadays, according to latest reports in this field of interest.
Many interviewed concerns stated that the pressure to offshore has escalated over the last couple of years, all the while a good deal of those companies have already moved part of their non-core business processes to outsourcing destinations, said the late research commissioned by the CBI (Confederation of British Industry) in conjunction with Alba and carried out by Mori, whereas Digby Jones, director general of the CBI dismissed those who view offshoring as "naive":
"Make no mistake, this is a survival issue. Anyone who believes that firms have a great deal of choice is naïve. Companies know if they don't do it, somebody else will. If competitors act and they don't respond, they may put their business at risk. Offshoring is now part-and-parcel of doing business in the global economy", he affirmed in a recent statement.
He put forth arguments according to which outsourcing brings about greater efficiency on the background of a cost-effective approach, admitting all the same that the jobs issue is not a minor aspect of the equation. "Globalisation means that jobs will come, jobs will go and nothing remains the same forever. The challenge is to create more jobs than we lose – which we are doing".
The survey also gives no sign of the offshoring trend declining, with more than 80% of companies that have already outsourced part of their business processes expressing contentment with the undertaking. The survey interviewed one hundred and fifty CBI members, employing more than seven hundred thousand people in the UK.
For further information in this respect, we recommend you the excellent reports you will be able to read on www.silicon.com, a valuable and reliable source of information with regard to the outsourcing trend.
