Offshore Model ?
Offshore outsourcing refers to the practice of hiring a company or individual outside of one’s own country to perform business activities. This has become increasingly popular due to the lower labor costs, access to specialized skills in other countries and opportunities to get a new market for your product. Although, Offshore Model has some challenges it can be easily tackled by the right process.
As Peter Drucker, a renowned management consultant, once said, “Do what you do best and outsource the rest.”
