Unions and job hunters hate outsourcing and speak badly of it. But the author believes that it is a positive and good thing to do for business. it helps in the growth of a business and to accelerate its financial wellbeing. Rightsourcing, or outsourcing, can be defined as the action of selecting the correct or best sources of a service so that it suits the business well and these sources can be in-house or the use of a third-party outside service. The author testifies to the fact that throughout his career he has seen many businesses, both small businesses and large businesses, being impact in a positive way by rightsourcing. He believes that the businesses that do rightsourcing tends to grow faster, handle their finances better, and will make better and bigger investments in the local community. Some of the pressures that drive businesses to go for outsourcing or rightsourcing are usually cost factors, and this makes businesses more competitive, better able to play in the global economy, and to grow faster. In many cases, offshore teams that are employed by businesses were done not to do away with these employees but to supplement their skills and abilities.
- The author wants to set the records straight because he believes that outsourcing, or as some call it rightsourcing, can lead to business growth and has potentials.
- Rightsourcing involves selecting the best provider of a service for the business whether it is done in house or through a third party.
- Throughout his life in business and he has much experience, the author has seen quite a lot of impact that rightsourcing has had for businesses.
“Outsourcing often gets a bad rap, particularly from unions and job hunters, but it is actually a positive thing to do that helps to accelerate business growth and financial wellbeing.”