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December 5, 2019
Why do many tech companies fail to get outsourcing work for themselves? Why have some businesses found ways to entrust third parties with tasks and successfully drive growth while others do the same in vain? Let’s explore some of the key tips on utilizing outsourcing to drive growth.
In any case, outsourcing is not the only panacea and there are also alternative models, the “Alcor Model” among them. Several Tech companies have already launched development hubs in Ukraine and take advantage of their own team in an offshoring destination.
Alcor covers all bases for tech companies by providing recruiting, accounting, legal, and real estate support. If you choose this model, you will hire software developers with a product mindset, meaning they will remain knee-deep in your project and feel a part of the team.
Turning to such a model might push your product forward. Such companies create their own culture and promote their own brand locally to engage even more talents. They also set rules and motivate their employees through stock options. Even more, taking some team members or a whole team to one of their offices is much easier in such a case.
A crucial piece of advice, whether you choose to outsource or move on with an alternative way, is to remember that the overall results depend on your efforts as well. You set the pace for your cooperation, so if something doesn’t go as intended it’s worth reconsidering your approach.
No matter which way you look at it, every case is unique and nobody knows your needs better than you. To make the right choice, take some time to review all alternatives, identify every option’s benefits and drawbacks, and handle communication efficiently – then you can stay confident about having made the right call.
A childhood in Kansas, college in California where she met her early mentor, Leigh Lytle spent 15 years in the Federal Reserve Banking System and is now the 1st woman President & CEO of the Equipment Leasing & Finance Association. Join us to hear about her ambition to be a great leader.