BPO is the abbreviation for business process outsourcing. The acronym can be found being bounced around more predominantly within the walls of organizations who are largely focused on increasing their performance, efficiency, and growth.
At the basis, BPO means deligating business functions to external, third-party consultants/providers. Key targets for business process outsourcing services typically have been within human resources, accounting, payroll and IT. But the outsourcing of other business processes, like customer service, administrative assistance, sales, business development and research, are gaining traction as additional viable functions.
Just as industries and employers are broadening their business models, so too is business process outsourcing itself adjusting. Recently, the idea of business process outsourcing has been extended to include terms such as business process automation and business process management. This signals the depth at which BPO is truly transforming how organizations in all sectors, and across multiple services and products, are beginning to count on third-party providers as thought partners and key resources.
But Why? Because - the benefits of outsourcing for small businesses, mid-sized companies, established corporations, and even solopreneurs, start-ups, nonprofits, government and faith-based organizations can be tremendous. Here are just a few reasons how over the past 25 years, the outsourcing industry has grown from nothing to a multi-trillion dollar business worldwide.” Resource: EaHelp
BPO helps you to focus on what you do best! It enables you to tip the scales, and invites business scalability. What is not outsourcing really costing you? Business process outsourcing, although an investment, can actually help save employers’ money.
Many companies are already benefiting from BPO, though they might not use that particular term... What services might be on the table to outsource for 2017? Guess it some thought.
If you are overwhelmed in your business, consider visiting our website to view our menu of services that have proven to support the growth of businesses Nationwide.
In a "New Year" state of mind... I love the (idea) of resolutions, and the idea of setting goals and wanting to better and improve oneself in the new year. But resolutions don't really work.... Do you agree?? According to an article I've read in Forbes, the success rate of these resolutions varies between 8% - 17%. So why do we continue to make them?
Perhaps, its because we all love the idea of a fresh start and fulfilling those irresistible dreams and desires that linger in our heads.
Does this lists remind you of yours?:
1. Lose weight
2. Read more
3. Cook more
4. Eat healthy
5. Spend less
This short list is too open-ended. Its not specific enough.
Instead, set goals that are easier to achieve: Even better, create a journal so that you can be held accountable for your actions. The provide specifics for how you plan to attain these goals.
We all seem to be great list makers... Infact, I'm the list master! But there's nothing sillier than creating vague lists that are unattainable. So whether in a journal or a weekly calendar write down your goals in detail and keep track of your achievements. Breaking everything down into small steps, these resolutions become smaller and more achievable goals.
You’ll never change your life until you change something you do daily. The secret of your success if found in your daily routine.