Pros & Cons of Virtual Outsourcing - PowerPoint PPT Presentation

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Pros & Cons of Virtual Outsourcing

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Since few years, Outsourcing has been the synonymous of attaining great talent virtually. Majority of companies, everywhere are considering the advantages of virtual outsourcing. In this article, we shall discuss few of the pros and cons of virtual outsourcing for a business. – PowerPoint PPT presentation

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Title: Pros & Cons of Virtual Outsourcing


1
Pros Cons of Virtual Outsourcing
2
Since few years, Outsourcing has been the
synonymous of attaining great talent virtually.
Majority of companies, everywhere are considering
the advantages of virtual outsourcing. In this
article, we shall discuss few of the pros and
cons of virtual outsourcing for a business.
3
Pros of Virtual Outsourcing
  • Flexibility
  • Work 24/7
  • Quick Response
  • Free up Time
  • Fill up Skill Gaps
  • Cost-Effective

4
Flexibility Hiring a virtual staff is easy,
because there are least variables to consider.
They are flexible enough to either increase or
decrease their usage. They can be hired for the
additional services as well at any point of the
time, based on the needs. Work 24/7 Hire a
virtual assistant to get your work done even when
you sleep. They work all the hours you are out,
thereby enhancing the productivity. The ultimate
hours they work can be customized accordingly.
5
Quick Response Virtual Assistants take up the
large, tedious and time-consuming tasks. They can
be the most effective option to meet a deadline
and assist you with the timeline of the
project. Free up Time Outsourcing turns out to
be more productive and efficient. Virtual
Assistants carry out the repetitive and menial
tasks letting you focus your energy on making
important decisions.
6
Fill up Skill Gaps As an entrepreneur, it is not
always possible to possess the required
skill-sets. Whereas, outsourcing helps the
organization to save time and improve the
acquired results. Cost-Effective Outsourcing to
a virtual assistant can be much more
cost-effective. They save you loads of money
associated with recruiting costs, office
supplies, space and much more. This can turn out
to be highly beneficial for smaller businesses.
7
Cons of Virtual Outsourcing
- Impact on Morale - Cultural Barrier - Lack
Motivation - Response Time - Relationship
Building - Confidentiality
8
Impact on Morale Although outsourcing let you
save money, it might affect the in-house employee
morale. It might make them feel resentful and
disappointed. Cultural Barrier There might arise
communication issues due to lack of language and
cultural terms, while outsourcing. One way to
avoid this is to hire someone from the home
country.
9
Lack Motivation In-house employees are always
motivated to work for the positive outcome of a
job. Because, it is directly or indirectly
associated with their secure employment. Whereas,
in the outsourcing, virtual assistants lack the
desired motivation to perform a job
perfectly. Response Time Virtual team tends to
have longer response time and they might not be
efficient enough to perform longer discussions.
10
Relationship Building Outsourcing to a virtual
assistant requires a prerequisite amount of
training. And developing the communication to
meet the expectations must be done appropriately.
This often loses certain amount of
time. Confidentiality Companies must be careful
of sharing the confidential information outside
the company. Keeping information secure must be a
huge consideration while outsourcing.
11
Conclusion Virtual Assistant teams possess
detailed expertise in affirming the right work at
the right time. They fix the problem and help you
understand the chances of success within the
organization.
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