The term outsourced has taken on a negative connotation. The term has been used for shutting down organizations and sending jobs where labor is cheaper. The idea may be a money saver as well as a moneymaker. The overall result depends on several factors. The article is not intended to be political as to whether outsourcing is right or wrong. Consider how the concept of outsourcing can serve the individual.
The technology of 2010 allows many opportunities. The individual with specific skills mixed with Sammy and innovation can often outsource their talents to open options not previously available. The individual that does not have to be in the same room as the equipment may be able to utilize technology to complete their tasks. The use of entered at, to develop medications, and other technologies allow many to work from a distance. The use of technology to lower costs previously was nonnegotiable.
The need to travel to meetings across town, a cross-country, or globally are expensive. Often virtual conferencing, videoconferencing, recorded presentations, and Skype like technology, now significantly reduce the need to travel. Also the individual has the comfort of the office and personal equipment to complete the presentations. The savings and time energy and resources is worth serious consideration.
Overhead for projects can also significantly be lowered by establishing particular technology as well as particular alliances. A sole proprietor contractor may have lower expenses than a larger operation with location, operating expenses, service contracts, equipment costs, and overhead costs. The independent or outsource group could save money in places larger organizations cannot. Turnaround decisions at a small independent firm can be expedited due to less layers of decision-making.
The point outsourcing is to lower the cost of doing business. Sometimes, lowering costs requires strategy, innovation, and ingenuity. The individual or team that harnesses their skills will be the business leader. Looking at resources outside their local geographic region is advantageous. Consider global alliances which have both positive and negative consequences.
Can what an individual does be done faster, better, cheaper with some modifications? What would it take? How much would it cost? How will it impact the industry and competitiveness? Faster and cheaper or not always better. Outsourcing can be an advantage to all involved.