Building Talented Teams

01

Talent acquisition and retention is the top

challenge for organizations

50% of companies cite Talent Acquisition as their top challenge; 30% say it is talent retention, while 28% call out lack of adequate in-house skills

Increase in knowledge based outsourcing has significant impact on how companies are organized, employing talent where it is located and bringing in capabilities when required. Outsourcing has succeeded tremendously for non core administrative functions as well as traditional software development. Functions like accounting, call center support, web and mobile app development, business application development etc. have become standardized. These skills are widely available but need to vetted for efficiency, seamless client integration and quality.

On the other hand innovation services, prototyping, design, product development etc. are more complex and customer specific, often involving emerging technologies like AI, IOT, RPA, 5G, Blockchain, AR/VR where demand is burgeoning and good talent is scarce. 75% of employers in the US need help finding suitable talent especially for specialized new technology skills, andextending to new talent markets could be the answer

Predixion offers partner led and self owned models for establishing talented offshore teams, including hybrid models to help you kick off quickly and scale flexibly.

02

Captive or near-captive operations can be sufficiently

customized for strategic advantage.

Captive offshoring model offers 15%-20% additional savings over traditional outsourcing.

To stay competitive companies need to become more nimble, flexible entities. Self owned captive teams or partner owned semi captives are a tool to help in achieving those goals.

Captives offer the opportunity to start with hiving out ‘commoditized’ services and with time and maturity scale up the offshore unit to be a partner in innovation. Cultural understanding on both ends, process customization to work across geographic boundaries, seamless communication, and maturing of the management capabilities go a long way in achieving a true strategic extension of your operations. It is, however, a complex organizational and structural shift and in order to stay on course it is important to make the right choices based on your size of operations, domain, type of outsource, process competence, cultural awareness, specific benefits desired and previous in-house experience with outsourcing.

Collectively, our experts have decades of experience working with and establishing offshore presence for companies, and we will be happy to help.

Predixion helps startups build

talented teams fast while reducing cost

With 1 Billion global knowledge workers there has never been so much available talent.

The startup space is one of the most exciting areas of the tech industry. Seed investment continues to be the most active space and this is when startups can gain by leveraging global talent. Early stage companies need impeccable talent and are often constrained on money and time.

Looking at lower cost geographies to find the right talent to hit milestones could be a strategic move. Hiring internationally could yield up to an average 70% difference in costs. The resulting cost savings can drastically improve the runway and chances of future funding and success. On average it takes six months to hire someone for a startup. Well planned outsourcing with supporting partnerships can reduce this time to weeks in turn radically improving the velocity at which a startup delivers to their customers and investors.

A global talent strategy can help startups close the talent gap and compete with the tech giants. However, localizing the approach and finding people on the ground to help is critical for success. Predixion understands startups’ needs, being one ourselves. Talk with us if you need to explore an offshore talent option for strategic advantage.

Extended Teams

01