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  • Digg it UP - Let's Skip the Offshore Horror Stories

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    d trade secrets should be a paramount concern.

    While these are important considerations, let's look at this from some common sense perspectives. Whether you are manufacturer or a service provider, even if your competitor's are using offshore o

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    If you were to research the horror stories of offshore outsourcing gone wrong, you will find countless examples. You will find many cases where visions of saving money turned into hopeless legal battles and expensive lessons that would send chills to your innermost soul. You will also find examples of success. Since offshore outsourcing is such a hotbed of controversy, I hope I can bring some balance to the issue.

    The question on the minds of many small business owners is, "Should I consider offshore outsourcing?" The leading problem and cause of horror stories usually results from lack of due diligence. Before you consider the possible savings, you will benefit from extensive research.

    If you understand the cultural differences and make allowances for whether or not the laws will protect you in a dispute, it can help you make informed decisions. You must also understand international banking and how funds will be tied up during these transactions. Intellectual property and trade secrets should be a paramount concern.

    While these are important considerations, let's look at this from some common sense perspectives. Whether you are manufacturer or a service provider, even if your competitor's are using offshore ou

    Incentive Programs
    According to Dale Yoder, incentive wages relate earnings to productivity and may use premiums, bonuses or a variety of rates to reward for superior performance. The incentive programs involve an attraction of extra payment for efficiency. An efficient program must provide for minimum guaranteed wage based on hourly rate and extra remuneration for increased output. In other words, an incentive program
    o your innermost soul. You will also find examples of success. Since offshore outsourcing is such a hotbed of controversy, I hope I can bring some balance to the issue.

    The question on the minds of many small business owners is, "Should I consider offshore outsourcing?" The leading problem and cause of horror stories usually results from lack of due diligence. Before you consider the possible savings, you will benefit from extensive research.

    If you understand the cultural differences and make allowances for whether or not the laws will protect you in a dispute, it can help you make informed decisions. You must also understand international banking and how funds will be tied up during these transactions. Intellectual property and trade secrets should be a paramount concern.

    While these are important considerations, let's look at this from some common sense perspectives. Whether you are manufacturer or a service provider, even if your competitor's are using offshore o

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    der offshore outsourcing?" The leading problem and cause of horror stories usually results from lack of due diligence. Before you consider the possible savings, you will benefit from extensive research.

    If you understand the cultural differences and make allowances for whether or not the laws will protect you in a dispute, it can help you make informed decisions. You must also understand international banking and how funds will be tied up during these transactions. Intellectual property and trade secrets should be a paramount concern.

    While these are important considerations, let's look at this from some common sense perspectives. Whether you are manufacturer or a service provider, even if your competitor's are using offshore o

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    s and make allowances for whether or not the laws will protect you in a dispute, it can help you make informed decisions. You must also understand international banking and how funds will be tied up during these transactions. Intellectual property and trade secrets should be a paramount concern.

    While these are important considerations, let's look at this from some common sense perspectives. Whether you are manufacturer or a service provider, even if your competitor's are using offshore o

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    Are you a beacon of light or a blowtorch?I want you to imagine that I go to your office when you are not there. While I’m at your office, I decide to survey the team that reports to you.The subject of the survey? Well, it’s a survey about you as a leader. I want them to tell me about your leadership skills. If I ask your team to complete this sentence, “my manager is ________________________”,
    d trade secrets should be a paramount concern.

    While these are important considerations, let's look at this from some common sense perspectives. Whether you are manufacturer or a service provider, even if your competitor's are using offshore outsourcing, you could gain some competitive advantages by not following the crowd.

    Any kind of outsourcing often involves surrendering control. If you are in manufacturing for example, the company that plans, engineers, develops, creates its own tooling, produces, and services their own product, is going to naturally be more responsive to their customers. They are in a position to further improve the product and answer any customer support issues.

    If you can structure your company so that a single team of people sees each project through from beginning to end, and continues to serve as a single point of contact after your product goes out the door, those people will become the most knowledgeable. By nature, they will develop a sense of pride in what they do and take ownership if you allow them to. If you are willing to listen, these are the very people who will help you streamline your costs and increase efficiency.

    Your organization may need to form strategic allianc

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