In today's unpredictable business landscape, resilience has become the cornerstone of success. As companies face increasingly complex challenges, their ability to adapt and innovate has become critical for survival. One area that plays a pivotal role in enabling organizational resilience is procurement and supply chain management.
One of the biggest benefits of hiring freelancers is cost savings. Freelancers can often be hired for a fraction of the cost of a full-time employee. This is because freelancers do not have the same overhead costs as businesses, such as office space, equipment, and benefits.
In its campaign against the UK's continued membership of the European Union, 'Vote Leave' claimed that EU procurement rules, which govern the purchase of goods and services by public sector bodies, cost UK taxpayers £1.6bn a year. It also claimed that 1.9 million days a year are lost to red tape delays.
Is it likely or possible that the UK can save this money and time cost by changing the public procurement rules after Brexit?
A couple of months back, we published our Top Ten Outsourcing Acronyms – a piece that had been a long time brewing, after we’d initially put out a call for entries the previous year. Well, as seems frequently to be the case with this series, that publication prompted a flood of new submissions, and we’re delighted to be able now to unveil a hilarious – if somewhat potty-mouthed – sequel.
A couple of years back, I approached a number of legal process outsourcing (LPO) firms - all of the largest and most reputable American and British ones. Many replied; only one expressed interest and took it further. I made a proposal to establish a centre in Beirut, Lebanon, and was hoping it would go further - but it didn’t.
But what if it had? What would have happened?
With the United Kingdom set to leave the European Union, the impact on the Polish outsourcing market looks likely to be both positive and negative. The full extent on outsourcing is yet to be determined, but some predictions can be made based on various scenarios.
If Polish talent leaves the UK
Europe is in turmoil after Great Britain’s vote to leave the European Union. Those who now claim to know what will happen now – in outsourcing or in other areas – will make two big mistakes: First, they will show that they don’t understand what Brexit is. Brexit is, to use the words of author Nassim Nicholas Taleb, a “black swan”: an unexpected event with largely unforeseeable consequences, just like 9/11 or the Lehman Brothers bankruptcy filing. Second, they will simply be wrong.