Design thinking and digital transformation are terms that have been growing in prominence and importance in Singapore. Despite hearing the words being thrown about, it can still be difficult to get a precise hold on what they mean and how to apply them in business.
Outsourcing works very well for businesses because it takes a lot off their shoulders. If you have not tapped on it, you probably should soon! Alibaba, Google, Slack, WhatsApp and many other big guys outsource their work and grow their business at the same time.
To outsource or not, that is the question
With the benefits to gain from outsourcing, nobody can blame you for treating it as a business cure-all. After all, what better (or appealing) solution is there than having someone to handle your challenges? However, understanding when to outsource is the first step to gaining a competitive advantage with it.
Here's some guideline to help you decide when you should outsource to a freelancer (i.e. when you want the effortless way of getting results):
Did you know that more than 36% of the US workforce is part of the gig economy? And what about Singapore? Before we get there, what is the gig economy that everyone has been talking about?
Did you know that it takes an average of 29 days to hire someone through referral and an average of 55 days through a career site? Not to mention the time spent on administrative HR work and the long interview process.
What if you need someone to come in faster? Time is money in business, so what is the solution?