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Reasons Why Companies Have Chosen Not to Outsource

Date post: 17-Jul-2015
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Reasons why C ompanies Have Chosen Not T o O utsource Next Generation Business Strategists
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Page 1: Reasons Why Companies Have Chosen Not to Outsource

Reasons why Companies Have Chosen Not To

Outsource “Next Generation Business Strategists”

Page 2: Reasons Why Companies Have Chosen Not to Outsource

INDIA - Outsourcing Hub

India is ranked as number one outsourcingdestination by US & European Outsourcingfirms.

A study shows that most of the Fortune 500companies prefer India to outsource theirsoftware development. The main reason isthat India has talent rich and skilledresources.

Page 3: Reasons Why Companies Have Chosen Not to Outsource

IT – INDIA (aka) OUTSOURCING ???

• Indian government has framed friendly Investment policies inorder to obtain maximum benefit from IT Outsourcing.

• Flexible pricing options in India made it top outsourcing providers,as there is huge difference between Overseases countries & India

• India remains as vast pool of skilled & talented human resources. Itremains unmatched when it comes to skilled man power.

• Though cost reduction was initial reason to outsource India,turnaround time & quality attracted Overs eases organization.

• Due to difference in time zone you can run your business 24*7 &increasing your productivity.

• By increasing your productivity & efficiency , a business can bemore successful.

Page 4: Reasons Why Companies Have Chosen Not to Outsource

Outsourcing Challenges in INDIA

• An organization need to run considerable outreach activities in order to reach the potential talent pool.

• Potential risks & pressure is exposed on parent organization as change in managerial control.

• Problems related to turnaround time &quality since third party is handling it completely.

• Intellectual property & privacy concerns are big deal when planned to outsource work.

• Outsourcing agency deals with plenty of project. You must ensure that your project is on top priority list.

Page 5: Reasons Why Companies Have Chosen Not to Outsource

Looking for these Adeptness ?

• Full control of the company’s operation

• Higher customer satisfaction

• Outsourcing risks should be mitigated.

• Improving bidirectional communication

• Control over logistics

• No hidden cost

• Greater Output with Minimal Input

Page 6: Reasons Why Companies Have Chosen Not to Outsource

INSOURCING Is the best way to get it done.

Thinking Of How To Get It Done ?

Page 7: Reasons Why Companies Have Chosen Not to Outsource

INSOURCING

• Insourcing refers to having the work done within the company with it’s resources than having it performed by anyone outside.

• It is another way of strengthening company’s In House Capabilities. This is because Insourcing can be done within the same country(Parent organization) or Offshore (Subsidiary process centers)

Page 8: Reasons Why Companies Have Chosen Not to Outsource

• Later (Subsidiary Process Centers) seems to be on trend as it helps organization for their business growth & expansion.

• In short, Insourcing helps every business as its subsidiary operates at low cost with high quality output.

Page 9: Reasons Why Companies Have Chosen Not to Outsource

Benefits of INSOURCING?

Better quality of work When compared to Outsourcing.

Faster speed of execution as the entire work in done in house.

Doubles your profit

Direct supervision of the management

Resources Expansion with less operational Cost

Page 10: Reasons Why Companies Have Chosen Not to Outsource

STAN VENTURESWhere To Get These Services?

Page 11: Reasons Why Companies Have Chosen Not to Outsource

Stan Ventures?

After setting up milestone in Digital Marketing Industry, the urge to do more made us realize our strength in Recruiting, Negotiating, Accounting & Market Research. Thus with the passion towards exploring the unexplored things, Stan ventures stepped into Insourcing Business.

Page 12: Reasons Why Companies Have Chosen Not to Outsource

What Stan Ventures offers?

Foreign companies can set up wholly owned subsidiary in India. Our responsibility is to extend complete support to bring your business needs into reality.

Talent Placement

Subsidiary Company Setup

Furnished Office Setup

Operations Support

Utilities Management

Accounting & Financing

Page 13: Reasons Why Companies Have Chosen Not to Outsource

Types Of Subsidiary

Sales Operations Team

Digital Marketing Team

IT Production Team

Customer Support Team

Collaborative Extended Team

Page 14: Reasons Why Companies Have Chosen Not to Outsource

Want To Set Up Your Own Subsidiary Team in INDIA

We’re just a buzz away

Stan Ventures - We help businessesutilize this talent to save costs and reapgreater ROI – and how we do it is byhelping you build your subsidiarycompany in India.

Page 15: Reasons Why Companies Have Chosen Not to Outsource

Contact Stan Ventures

Stan Ventures, LLC.

No: 101,

California Street,

Suite 2710,

San Francisco CA 94111

U.S.A

+1 415 365 9654

Stan Softech Pvt. Ltd.

1st Floor,

LG Electronics Complex,

Perundurai Road,

Erode TN 638009

INDIA

+91 984 083 3950

Page 16: Reasons Why Companies Have Chosen Not to Outsource

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