The Essar Group’s Entry into UK business markets

The World wide business outsourcing partner of the Essar group, Aegis on the 16th of July, 2011 revealed publicly its plans to enter into the UK business markets by offering six hundred new jobs in Manchester. These new jobs will be offered through a customer care center which would occupy 40,000 square feet at the Piccadilly Garden’s City Tower in Manchester city. Business outsourcing in UK was much needed by the Essar group of industries and the reason behind them selecting Manchester city over all the other major cities is that it possesses a developed BPO industry and it also possesses a large student population of over 1,00,000 students. Aegis provides service outsourcing in over 12 countries and its revenues touch $700 million each year.

Outsourcing Business with the Freelancer’s Assistance

A free lancers job has been on the booming on the charts in the recent time. Many employers consider a free lancers job to be more convenient than a permanent job, though it does involve few cons. Free lancers are basically outsourcers of the business firms who have to do a specific series of task given to them by the respective firms. When a business firm is in the initial stage of outsourcing, it is advisable that they start of with very minor tasks in order to get a hang of the scenario and then gradually increase the number of tasks.

Benefiting from outsourcing

Small business nowadays faces a lot of problem in delivering their products. Most of these business suffer from lack of an form of publicity. Outsourcing is an important feature that helps small business to do well and turn their business into profitable ventures. One of the basic approaches is setting up a business page on the various networking sites like LinkedIn and Face book or twitter. These help people to know more about the business and the products. Striking conversation with followers on Twitter can help gain trust among customers. Moreover, with tools like Google docs or Base camp small business need not worry about software compatibility between the clients.

Offices or sweat shops?

Most the times, views of businessmen outsourcing their work to other countries are taken when we speak of business outsourcing. And because of this, we tend to take their side and build up a prejudice against the employees of BOP industries. But are the really the only ones to be blamed? The main reason one would work in a BPO would be financial constraints or lack of educational qualification. But these days, the rate of employee turnover in these organizations has become ridiculously high. The management doesn’t think twice before firing an employee. So the question to be asked is: Are BPOs organizations having proper offices or mere sweat shops?

Outsourcing- A necessary Evil

The essence of good business lies in cost minimization. This is achieved by proper outsourcing of business. So that work can be done faster and cheaper. Due to intensive globalization no place is really far away and with computer network business processes of a global company can be done in the dingy offices of a third world country with ease and at a lesser cost. The question is on ethical grounds. Outsourcing may create job in a third world country but at the same time it may deprive the population of the place where the business originates, from employment. Thus questions are always raised but with outsourcing cost cutting is ensured resulting in smooth running of a business enterprise.

More Business but Lesser Investment

Like a ritual every day, the phone rings at that exact time of the day. A voice with a weird accent starts declaring war against my ears. Some days the voice becomes my financial advisor and some days he informs me about what a huge mistake I have made by subscribing to a certain phone service provider. Business outsourcing has come a long…long way, literally! People call other people from half way across the globe to help them with choices in the market. Why is this trend catching up so quickly? It is because of one simple reason, more work for lesser pay or rather lesser investment.

Why less developed countries?

Business outsourcing is a huge industry in the lesser developed nations of the world, often employing a large number of youngsters. The most common area of outsourcing is technical support. There is a very good reason for this.
Technical support staff doesn’t require much expertise on the field, and subsequently, training operations are not very expensive. It reduces the cost to the company on account of the work that isn’t part of their core ideas. They can easily be done through people who do not charge an arm and a leg unlike in the countries where these organizations are based. They are beneficial to the organization and the economy of the other country.