Post by account_disabled on Dec 7, 2023 4:02:10 GMT
On the one hand, offshoring increases the availability of low-cost labor, but on the other hand, cultural differences and operating in different time zones might significantly increase costs. Inshoring may offset these costs in favor of higher employee benefits, but this increases the risk of slowing growth and reducing the company’s degree of competitiveness.
Summary
The selection of the location of manufacturing or service activities and C Level Executive List the decision to offshore or inshore should be preceded by an extensive analysis of available resources, financial and material resources, organizational and legal conditions, development opportunities, and the construction of a flexible supply chain. Changing economic conditions, including fluctuating labor costs and the increase in global competitiveness are forcing flexible forms of operation on market participants. Therefore, it is common for companies to relocate to foreign markets and, in the case of recession and global crisis, to return to the domestic market. It is important that the actions taken are rational and do not significantly disrupt the core business of the company.How to conduct virtual onboarding?
Nicole Mankin
Aug 3
Blog, HR, Remote work
virtual onboarding
Onboarding is important, but when working remotely, how do you carry it out? The answer is virtual onboarding. In recent years, online platforms designed for adaptation and learning have been gaining in popularity, allowing employees to be introduced to their new responsibilities also outside the company, through remote work.
Summary
The selection of the location of manufacturing or service activities and C Level Executive List the decision to offshore or inshore should be preceded by an extensive analysis of available resources, financial and material resources, organizational and legal conditions, development opportunities, and the construction of a flexible supply chain. Changing economic conditions, including fluctuating labor costs and the increase in global competitiveness are forcing flexible forms of operation on market participants. Therefore, it is common for companies to relocate to foreign markets and, in the case of recession and global crisis, to return to the domestic market. It is important that the actions taken are rational and do not significantly disrupt the core business of the company.How to conduct virtual onboarding?
Nicole Mankin
Aug 3
Blog, HR, Remote work
virtual onboarding
Onboarding is important, but when working remotely, how do you carry it out? The answer is virtual onboarding. In recent years, online platforms designed for adaptation and learning have been gaining in popularity, allowing employees to be introduced to their new responsibilities also outside the company, through remote work.