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Outsouring Bring Social Beneft

Author Name: John Lok | Format: Paperback | Genre : Business, Investing & Management | Other Details

Overall Social Development
My work explicitly states that outsourcing can contribute to "overall social development in the long term" . This suggests a broader impact beyond just organizational benefits. When businesses operate more efficiently and profitably due to outsourcing, they are better positioned to contribute to the economy through job creation, tax revenues, and investment in communities .

Furthermore, the increased efficiency and innovation fostered by outsourcing can lead to better products and services for society, improving living standards and addressing societal needs . The idea that outsourcing can "propel your organization" implies a dynamic growth that can extend its positive influence into the social sphere .

Strategic Leverage
My view encourages organizations to "strategically leverage outsourcing" . This implies a thoughtful and planned approach to outsourcing, where decisions are made not just for immediate cost savings but with a view towards long-term strategic advantages. Strategic outsourcing can enable organizations to adapt to market changes, focus on core competencies, and achieve sustainable growth, all of which contribute to a more robust and dynamic economy that benefits society .

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John Lok

    I had graduated business Administration Science Degree in Common Wealth Open University.

My views on the advantages of outsourcing to bring social benefit can be broken down into several key areas:

Cost Reduction and Efficiency Gains
A primary advantage highlighted by my view is the ability of outsourcing to reduce operational expenses and achieve cost savings . This is a widely recognized benefit of outsourcing, allowing organizations to leverage external providers who may have economies of scale, specialized processes, or lower labor costs .

By reducing costs, organizations can free up resources that can then be reinvested, potentially leading to economic growth and job creation, which are indirect social benefits. The concept of "unlocking cost savings" directly implies a more efficient allocation of resources .

Time Management and Employee Productivity
My view also points out that outsourcing can save employee working time and help managers achieve more effective time management and control . When non-core functions are outsourced, internal employees can focus on strategic tasks and core competencies, leading to increased productivity and job satisfaction . For managers, offloading certain responsibilities to external experts can free up their time to concentrate on strategic planning and innovation, which can drive organizational success and, by extension, contribute to broader economic well-being . This improved efficiency and focus can lead to better organizational performance, which can have positive ripple effects on the economy and society .

Access to Specialized Skills and Expertise
While not explicitly stated by my view in the provided snippets, the broader context of outsourcing literature, which my work aligns with, often emphasizes access to specialized skills and expertise as a significant benefit . By outsourcing, organizations can tap into a global talent pool and leverage the advanced capabilities of service providers without the need for internal investment in training or infrastructure .

. My research focuse on how outsource brings organizatiohal benefits, even  social development in possible.

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