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Outsharing

From EverybodyWiki Bios & Wiki

Outsharing is a company’s decision to contract its own internal activity, operations, or functions to an involved partner-company offshore, receiving additional value from a high trust system and participation level of the collaboration.[1] In short, outsharing is a value-oriented service delegation. It's most commonly used in IT, when an outsourced software development company is acting as a sort of remote CTO.[2]

Outsourcing and outsharing are commonly used as synonyms, with one exception: outsharing being a higher added-value process. It is rather accurate. When using an outsharing model, the company does not lose control; it distributes and dedicates it to a partner, who is greatly involved in understanding the complex business logic and does not only follow the guidelines of implementing tasks, but adds their knowledge and point of view to them, and improves the whole experience that way.

While acting as a remote CTO (in many cases, outsharing is for finding not only the team or company partner, but a true CTO, even one who would be working from a-far), the partner company has the same goals and success drive, trying to achieve what is best for the business and not just get the job done, strictly following the written rules, guidelines and time-sheets.

The model helps build trust, transparency, reliance and mutual understanding of both parties involved, and create a sort of a branch (a sort of a second office), with assimilating cultural behaviors, striving to achieve not only bonding needs, but also the best business processes possible. The gained trust comes with added responsibilities, as being engaged in general company policies that are in the scope of both parties, and this also eliminates the very strict control of the performance as one is as eager and as enrolled, and hence, not needed to be as supervised as with an outsourcing approach.

Having the trust and reliability issues set aside, quality risk is also fairly diminished or eliminated. The inner motivation, frequent communication, and eye-to-eye meetings as often as possible make local partners practically part of the business.

See also

References

  1. Wong, Danny (2016-07-01). "Why Outsharing is Increasingly Replacing Outsourcing". HuffPost. HuffPost. Retrieved 21 April 2018.
  2. Inamedinova, Laura K. "'Global Shapers' Vilnius Hub: IT Outsharing Will Be A Big Trend In 2016". forbes.com. Retrieved 10 May 2018.


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