Outsourcing as a concept is not at all new; its existence can be traced back to thousand years back. However, the prime difference is that it is has caught the fancy of people over the years spanning a last decade or so. Outsourcing is all about hiring third-party vendor which can work for an organization. One of the main reasons why companies prefer outsourcing is to slash down costs. However, in the present times, business process outsourcing solutions are much more than cutting down costs; it is all about maximizing benefits.
Similar to other business venture, research and thorough planning is required prior to selecting the outsourcing partner no matter whether it is offshore or on shore. Choosing services offered by business process outsourcing solutions provider, you can spare out time doing things you are best at, and thus gaining an edge over competitors.
Given below are a few benefits of business process outsourcing.
Improved risk management
When you decide to outsource, you share your perils with the outsourcing partner which only lets relieve your burden. For instance – outsourcing to a reputed and reliable partner, you can easily minimise the perils which are involved in having the similar work done in-house by those who are neither experienced nor competent in the same.
Pay attention to core activities
As you grow, workload increases along with several other non-core functions. Consequently, quality of core activities suffers. This is when hiring outsourcing services can help you. Third party comes to your rescue by giving your key resources sufficient time to focus on key business aspects.
You are accessible round the clock
Outsourcing to a few countries allows you stay in touch with your customers round the clock because of difference in time zones enabling you make use of complete 24 hours. Since your day is their night and vice versa, your outsourcing partner can continue work even when your employees have left the organization. Outsourcing partners have a team of professionals having expertise which means even critical tasks can be completed by them. You can review and reply the next day. Thus, advantage of hiring business process outsourcing solutions is that more work is accomplished in a day, which increases the overall productivity of your company.
Better efficiency of in-house employees
Once you share or allocate work to the outsourcing company, your employees can feel relived as workload is shared by them. This leaves you with more time to develop your team for internal tasks, and use them in an efficient way.
Flexibility in terms of staff
Independent tasks can be outsourced which lets your business maintain and manage financial flexibility even in times of uncertainty. It gives you time to scale up or down with utmost comfort. Outsourcing business partners perform several tasks for you at costs which will not create a hole in your pocket. They can manage your business during holiday months and off season.
Above slated are just a few of many benefits which you can enjoy choosing business process outsourcing solutions.
Influence of Slavery on Political and Economic Development in the United States From 1619-1865
The institution of slavery has played an important role in history of the United States until the abolishment of slavery in 1865. Slaves were common in both Southern and Northern states from the arrival of first African slaves in 1619 throughout the colonial era as well as much of the 19th century. With an aim to win the Southern states, the United States Constitution of 1788 recognized the institution of slavery by allowing each state to regulate slavery within its borders.
Despite the fact that slaves were found in both Southern and Northern states, slaves never exceeded more than 5% of total population in the North. In the South, on the other hand, slaves have reached 10% of total population by 1680 and the number of slaves continued to rise even after the Northern states started to abolish slavery at the beginning of the 19th century. Why slavery in the North was never as widespread as in the South is not fully understood but the increased demand for cotton in Europe and invention of the cotton gin at the end of the 18th century undoubtedly greatly influenced the demand for slaves in Southern states. The cotton gin enabled production of larger quantities of cotton which in turn required a larger labor force - slaves. By 1860, slaves have exceeded 30% of total population in the South.
The South's economic growth in the 18th and 19th century was on the level of other wealthy countries but the slave states remained rural and could not compare with industrialized North which also had a higher rate of population growth due to European immigrants. The birth rate in the South was comparable to that in the North but the South had fewer cities and industry which is why the vast majority of European immigrants settled in the North rather than in South. This has resulted in gradual loss of Southern influence in the federal government and subsequently the tool to implement its interests.
The frustration of the South over losing control in federal institutions, and emergence of abolitionist movement and fear from the "Slave Power Conspiracy" in the North has caused serious political tensions among the free states and slave states that resulted in the collapse of the old Second Party System and the American Civil War. However, slavery issue was not only the root cause of the American Civil War but also played a major role in the outcome of the bloodiest war on the American soil. It was the institution of slavery that prevented the South to industrialize as quickly as the North which has turned out to be one of the main reasons for the South's defeat, especially when it become clear that "King Corn" is more important to European powers than "King Cotton".
Isaac Vusterly is constantly updating his world history online [http://www.worldhistoryonline.org/] website where you can read more about American history [http://www.worldhistoryonline.org/american-history/] and other interesting historical topics.
By Isaac Vusterly
Article Source: http://EzineArticles.com/expert/Isaac_Vusterly/835513 Article Source: http://EzineArticles.com/5686028