Offshore projects are increasingly common in international organisations regardless of their size or their activity. By outsourcing key business functions, organisations can reduce costs, streamline processes and create time and resources that allow them to focus on other areas of the business. Hiring an external company or creating teams in another country to take care of certain functions can be tremendously advantageous but it can also present a wide array of challenges depending on where the business is outsourced to.
According to a report published by IT consultancy Gartner Inc, China and the Philippines are attracting a growing number of companies but India is still the most attractive country in the world for managing offshore projects in IT. The report includes a complete analysis of 10 different criteria such as language, educational systems, cultural compatibility and intellectual property security. India received excellent scores in every area confirming its place as a highly attractive location for companies looking to outsource any IT functions.
Indeed India offers many advantages to foreign companies managing offshore projects there. The large, well educated and dedicated Indian workforce is one of the main resources attracting foreign investors to the country. Other elements such as India’s economic dynamism and business-friendly laws and regulations also play a large role in making India an incredibly competitive and attractive destination for international organisations.
Anyone managing offshore projects in India needs to be aware of India’s core cultural values and how they impact business culture and working practices. Underestimating the cultural differences when managing an offshore project in India can create serious cultural incidents and offset any anticipated savings. Some Indian cultural values such as their attitude to time can be particularly frustrating for western organisations who are not used to the more relaxed attitude towards deadlines or schedules. Other cultural orientations in Indian culture like the need for a strong hierarchy or an aversion to uncertainty can also be challenging for westerners managing offshore projects in India.
Having the right cultural skills and tools is imperative for anyone managing offshore projects in India. Following a Managing Offshore Projects in India training course can help employees at every level of your organisation to understand the key cultural differences and similarities that exist between them and their Indian counterparts, allowing them to harness the benefits of this flourishing country. A Managing Offshore Projects in India training course provides invaluable insights on how to do business in India and set up the best strategies to turn your offshore project into a highly profitable and successful investment.
© Communicaid Group Ltd. 2010