Final answer:
Successful outsourcing requires understanding company goals, being flexible, and communicative. Strategies include focusing on key areas, staying accountable, and setting clear protectionist policy durations. The Philippines is a prime example of a skilled, English-proficient workforce for global outsourcing.
Step-by-step explanation:
Guidelines for Successful Outsourcing
To ensure success with an outsourcing strategy, companies should adhere to a number of key guidelines. It is essential to have a clear understanding of the company's priorities and goals to align outsourced tasks accordingly. Remaining flexible and willing to adapt to changing circumstances while focusing on contributing to areas that are a priority is also crucial. Companies should also be resourceful, seeking out team support and feedback.
Moreover, organizations should be cautious about outsourcing key areas like computers due to the potential impact on other industries. It's important that management stays accountable, owns up to mistakes, and maintains open communication with the outsourcing partner. And finally, clear guidelines need to be established for the duration of any protectionist policies that might be in place to support certain industries.
Outsourcing has been an effective strategy for various companies around the globe, including in regions like the Philippines where there is a skilled labor force with the added advantage of English language proficiency. However, successful outsourcing on strategic planning, understanding the global economy, and upholding the standards that lead to quality performance and cost savings.