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Common Misconceptions About Outsourcing That Need Debunking

Offshoring in the Philippines, Outsourcing in the Philippines / By

It’s 2018, the outsourcing industry is booming, and yet there are still persistent misconceptions that make a lot of business owners hesitant to try it out. Though it’s true that offshoring comes with a few risks, finding the right BPO (business process outsourcing) company to partner with makes it worth your investment. We’ve compiled the most popular myths about outsourcing and dishing out the truth behind it.

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How Taking Risks Can Make You a Great CEO

Business, Careers / By

Daniel Abrahams, the Transformer Director of Bond University, shares his personal insights on how risk-taking improves leadership in the corporate setting. Hailing from South Africa, his father’s decision to move to Australia sparked Abrahams’ curiosity about the nature of making bold decisions.

Abrahams has worked in different fields ranging from federal government to corporate, financial services, energy and transport, to telecommunications in a start-up business. As he transitioned from CRO to CEO, he boils down risk management into three key facets: Leadership Values, Risk Taking Culture, and knowing the difference between Entrepreneurial and Corporate risks.

daniel abarahams bond university

“I am inspired by entrepreneurs who go about providing customer solutions. I promote proper risk management behaviours across all business people and share my intellectual property for the benefit of the practice of risk management,” he writes. To learn more about Abrahams’ insights and fundamentals of Proper Risk Management, check out the full article here.

5 Effective Ways to Cut Down on Operational Costs

Business, Outsourcing in the Philippines / By

Small to medium entrepreneurs often choose to cut down on operational expenses. Rather than spending large chunks of a limited budget on operation alone, they opt for using the money on others costs related to expanding the business itself. It may seem like a wise move, but to fully emit operational costs is a fantasy, and the best anyone can do is reduction through money and time-saving methods. …

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What Your Competitors Can Teach You About Outsourcing

Offshoring in the Philippines, Outsourcing in the Philippines / By

An old adage tells us that experience is the best teacher, but that’s only half true–I think other people’s experiences can be better teachers, especially in outsourcing. Instead of treating “rival” companies as arch enemies, you must take what your competitors can teach you as a learning opportunity. Take for example when it comes to digital marketing, instead of burning through your savings by trying out different marketing styles with trial and error, eliminate options that your competitors have already tested and failed in. Now, don’t take it as me saying “just copy everyone else’s homework!” There is a fine line between inspiration and plagiarism, and that’s what this article is going to be about.  …

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