Changes generate opportunities.
Offshoring has become a new light of hope for companies that are looking to survive during these unprecedent times. There is no longer a need to fill chairs in the office, when you can access great human capital from all over the world.
You must now ask yourself: are you ready to offshore, and where?
It is time for developing countries to reflect and think of all the solutions they might find. There is a necessity of growth for many startups businesses in the United States right now, and the pandemic may have given them a new stance on offshoring.
Taking into account favorable time zones and cost of labor, Latin America is an attractive target for offshoring. Countries like Mexico and Argentina are constantly improving their infrastructure in order to be the go-to when it comes time to pick quality offshoring destinations.
According to Paul Domjan, a senior analyst, offshore staff needs strong foreign language skills and a quality tertiary education. These are very important factors at the moment of picking the right candidates.
Why is offshoring an attractive solution?
First, it is a cost-effective process that allows companies to access great sources of knowledge from all over the world.
By being able to reduce the amount of capital invested on workers, new strategic choices can be made by companies that use offshoring.
Because Latin America has a favorable location (in regards to time zones) and excellent talent, it is a very interesting destination to take into consideration when offshoring.
Martin Migoya, the CEO of Globant, a successful multinational company states that Argentina, has a safe legal framework that provides any client with the highest protection for their intellectual property and data records.
Other advantages such as the vast availability of high-quality professionals also make Argentina stand out.
Language and culture affinity are other factors that help a lot when taking offshoring into consideration: most Latin countries possess high quality English speakers since it’s something established from the early stages of education.
In conclusion, the world has taken many turns and new productive working habits are emerging. Better business models built on these opportunities are taking place while you are reading this. Outsourcing allows you to achieve better professional quality, cost-efficiency and overall, superior results.
— This article was written in collaboration with Juan José Gonzéles Benítez —
Yian Millan
Yian is a telecommunications engineer and was an English teacher for a renowned institute.
