In today's corporate culture of "Do more with less," the question remains if firms will continue to outsource as often as they used to. Will they still need Consultants? Can the Employees handle the extra workload? In these tough economic times, it is confirmed that firms are still outsourcing for 3 reasons: Time, money, and retention.
Time:
The recent turn of the economy has not only been shown by the number of layoffs, but also with the increased workload/burden for those Employees who made the cut. For example, in a department of 60 people, 20 were laid off; however, the remaining 40 have taken on all the responsibilities of the "20 not so fortunate." There are simply not enough hours in the day to accomplish all the expected tasks. What about appropriate training to ensure these projects are completed right the first time? When the Delegates take on these projects of those 20 former Employees, where is the time to get up to speed?
Money:
It is more economical to hire professionals temporarily than spend the firm's dollars on salaried Employees with benefits, who are not contractually obligated to finish projects.
Retention:
Since uncertain times plummet Employees' morale, now more than ever, it is critical to keep turnover low by keeping current Employees satisfied. Due to the extra demands, do they have any levity in their work day? Is now the time to transform to a culture of putting people as the #1 Priority, right up there with results? Wouldn't this save money in the long run?
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