#AskPeshev 76: BPO is Growing

#AskPeshev 76: BPO is Growing

January 20, 2021

“Outsourcing can be a sustainable way for you to build partnerships.”

— Mario Peshev

We’re now facing the third week of January. Glad to be leaving 2020 for good!How are you doing so far?This week’s newsletter is going to take you through the reasons why BPO is growing this 2021 and how your business can benefit from outsourcing key business processes such as your IT functions. Plus, some hiring and management tips!Apparently, recruitment and management remain to be very challenging particularly among IT companies.These business challenges motivate me even more to share tips based on my practical experience and expertise through the content on my blog, press features, and socials.I hope you find these resources helpful.Feel free to ask me questions so I can help you better. Just hit “reply” anytime. :)Mario

Is business process outsourcing (BPO) growing in 2021? I’m not going to fool you or mislead you. BPO is still going to grow and is still going to expand in 2021 for multiple reasons, even though remote working is now more popular than ever.

It's All About Reading...

Hiring for a senior position at a company usually requires a lot more time and effort than hiring for other positions. In many cases, business owners may have a hard time finding the most effective way to source senior talent for their organization. You don’t want to lose out on great talent, but you also need to spot the best talent out of the field of applicants, because making a wrong hire at this level can spell disaster for the organization.

Software engineering salaries often rank on top of wage lists (compared with thousands and thousands of jobs out there). That said, there are two common reasons why companies don’t pay as much as Facebook or Netflix for engineering (or web development) jobs...

Stay Ahead of The Game | Mario PeshevUnless you are ahead of the game—innovating, and covering the latest stories, testing the latest best practices, or experimenting—you’re not going to attract attention for very long or you’re just going to recycle the same old stories over and over again.

AI solutions continue to attract businesses that endeavor to automate business processes, gain insights through data analysis, and engage with customers and even employees.Topping the executives’ list of specific benefits that AI provides is the enhancement of the features, functions, and performance of products (at 51%).If you were also surveyed, what uses of AI solutions do you find to be most beneficial?

Just another set of compelling statistics that will make you look more into AI for your business if you haven’t yet. To keep you in the loop about the latest stories about tech and business, check out mario.coach.

Communication overhead at work is dreadful. Dragging a 3-minute task for days because of back and forth, asking the wrong questions, missing out on essential contextual details, reaching out to a dozen people just to confirm—it may pile up big time (and annoy everyone around you). Here's how to manage communication overhead at work.What are your top strategies that work really well in this case?