Outsourcing is nothing new in the Philippines, this is now one of the trend in the country. Business Process Outsourcing grows faster in the Philippines. People should know that since before the Internet has become popular , a lot of Western Countries have already been using the Philippines. The Philippines has turned into a serious player and became a better outsourcing alternative to countries including India and China, it was during the earl;y 1990’s and the coming of the new millennium.
The Business Process Outsourcing sector of Philippines has been growing steadily over the last two decades. The Internet has a big impact in the society and most of the people can not imagine life without Internet. There is an indication that the Philippines status in the last two decades will continue for the next couple of years.
What are the reason why Philippines is the hottest destination in outsourcing, this are the five reasons why businesses are reaching out to the Philippines for their business process outsourcing needs.
The reason number 1 is the Westernized Culture, the Philippines is the only country that has absorbed a lot of Western influence and the American way of life in all of the countries in Asia. By its people, you can see a lot of Western cultures that being reflected from the movies they watch and the dress they wear to the dominant religion. The Filipino looks up to the Western with the admiration and a high level respect. If you are an American, European, an Australian and a British people can easily adjust to the culture of the Filipinos. The cultural adaption should be easier compared to other countries in Asia, though it may take a little while to get used to it. The typical Filipino can hardly distinguish the differences int he aforementioned races when he sees one.
The reason number two is the English Proficiency, it is almost like native to the Filipinos. Filipinos do not normally use it in the streets when talking to their peers, however English is much more familiar tot hem compared to the other dialects that is used by the various tribes in the provinces. English is being introduced to the kids as a medium of communications in schools all over the country. Those books that are written in English are Mathematics, Sciences and Business. English has many use, you can see it all over the place, it use in the traffic signs, the newspapers, the TV, the giant billboards and the software they use.
Highly Educated and Highly Skilled Workforce is the reason number 3, in the Philippines education is highly regarded. It is considered as an achievement of lifetime when you finish a college degree. The education attainment is one of the primary requirements for any decent job opportunity in the country. This is known to have a very scarce opportunity for work. Not having a college degree is really difficult to get a job in the Philippines.
Reason number four is the lower cost of labor, this is one of the primary reasons why a company will engage in outsourcing services because they can save. The Philippine Labor force is generally much less expensive than the other outsourcing destinations like India or the Latin American Countries.
Then the last reason is the Good Internet and Telecom Infrastructure, the Philippines may not have the fastest Internet Connectivity in Asia, however the Philippines can be proud to say that they have improved over the years. It is possible to have a Broadband Internet connection at home at a relatively lesser cost than a dial-up connection. Outsourcing helps every country to improve the status of their business and company.
REFERENCE:
http://www.trybpo.com/5-reasons-why-the-philippines-outsourcing-industry-is-tops/#more-175
http://www.manilance.com/top-5-reasons-why-you-should-outsource-to-the-philippines-25/
http://www.ownyourlife.ca/efficiency-outsourcing/the-top-5-reasons-to-outsource-in-the-philippines.html
http://northernworx.com/business-outsourcing-top-5-reasons-why-the-philippines
http://www.freearticlesinc.com/view_article-id-60786-at-Reasons-why-outsourcing-in-the-Philippines-is-a-Best-Choice.html
