Offshore information technology (IT) services and IT-enabled services—including application development and monitoring, call centers and business process outsourcing—have the potential to save companies 35–65% on their in-house costs. They create opportunities for operational and IT executives to truly do more with less and for P&L leaders to find scarce dollars to increase sales and marketing budgets—business imperatives in the current economic climate.
Form a comprehensive picture of the steps to success in an environment outside the status quo:
The economics of moving offshore, a strategy authors Morstead and Blount call offsourcing, are so compelling that the ripple of current activity is set to become a tidal wave. It is estimated that in India alone, the size of the market will grow from $10.3 billion in 2001 to $77 billion in 2008. But in a world where domestic initiatives often suffer from poor planning, missed expectations and cost overruns, the stories of offshore failures can be alarming.
Offshore Ready presents an integrated, practical view of offsourcing, including the dynamics of offshore relationships, service provider options, risk management and approaches to cultural integration. Through case studies, industry analysis and personal experience, Morstead and Blount demonstrate the absolute necessity of executive commitment and thorough planning to develop, implement and sustain successful offshore initiatives.
Adopt a set of proven strategies that will prepare you for success in the offshore paradigm:
The authors offer a step-by-step plan for moving your organization from offsourcing concept to execution. Starting with tips on securing sponsorship and building a sound financial model, you will gain a practitioner’s perspective on the investment, processes, and support needed to launch a successful offshore endeavor. This financial baseline is then refined as a roadmap, guiding you through target entry strategies, legal structure, governance, change management and other critical components to a sustainable offshore business strategy.
Offshore Ready is a catalyst and "travel guide" for executives, managers and practitioners considering the tremendous benefits of offshore practices.
