Inclusive Innovation: Leveraging Offshoring For Diverse Talent Acquisition

Inclusive hiring strategies are crucial for promoting diversity and ensuring equal opportunities in the workplace. Offshoring can serve as an inclusive hiring strategy by providing access to diverse talent pools that may not be readily available locally or domestically. Offshoring fosters cross-cultural understanding, creates a global mindset and enhances innovation by integrating varied perspectives.?

Offshoring as a Strategic Hiring Approach?

Offshoring is a strategic approach that involves moving work to areas around the world where high-quality and cost-effective workers are available. This strategy differs from traditional recruitment by expanding the talent pool globally.??

Benefits of Offshoring in Talent Acquisition?

Offshoring offers several advantages, such as:?

Access to Global Talent: Offshoring allows access to a broader talent pool, enabling companies to find highly skilled candidates worldwide.?

Cost Savings: Companies can benefit from lower labor costs in offshore locations compared to their home country, leading to significant cost savings.?

Increased Productivity: Offshoring can lead to uninterrupted work, increased efficiency, and productivity as offshore teams work solely for the company.?

Scalability: Offshoring provides sustainable scalability, allowing businesses to grow and expand their operations more easily.?

Diversification of Services: Companies can diversify the services they offshore beyond basic functions like payroll and HR management to include knowledge process outsourcing or innovation, enhancing operational capabilities.?

Streamlined Hiring Process: Offshoring streamlines the hiring process by providing access to a broader talent pool and pre-qualified candidates, saving time and effort compared to maintaining an internal recruitment team.?

To set up an effective offshoring strategy, companies should establish clear roles and responsibilities for internal teams and offshore partners, define expectations, and ensure open communication and collaboration throughout the process.??

Additionally, selecting the right offshore location for specific talent needs can further enhance the success of offshoring initiatives.?

Diversity and Inclusion in Offshoring?

Diversity in the workplace brings numerous benefits, including improved problem-solving abilities due to various perspectives, enhanced creativity, and increased employee engagement.??

Research shows that companies with diverse and inclusive cultures tend to exhibit faster revenue growth, greater innovation readiness, and higher employee retention rates.?

Access to Diverse Talent Pools: By expanding beyond national borders, offshoring allows companies to tap into a broader array of skilled workers, thereby increasing the availability of diverse talents from different cultures and backgrounds.?

Fostering Cross-Cultural Understanding: Engaging with international teams requires understanding and respecting cultural differences, leading to heightened cross-cultural sensitivity among employees.?

Creating a Global Mindset: As part of a globally distributed workforce, employees gain exposure to multiple cultures and perspectives, promoting a more inclusive mindset.?

Case Studies and Examples?

The offshore industry is full of examples that demonstrate the significant impact of offshoring on business performance and innovation, as well as the importance of inclusive hiring practices in creating a diverse and innovative workforce.?

Steelcase, a furniture company, focuses on diversity and inclusion, removing resumes and focusing on training and upskilling. The company has achieved significant inclusivity, with a board of directors of 54.5% women, 76% Asian, Black, Hispanic, international, or STEM women, and being designated one of the “Best Places to Work for LGBTQ Equality.”?

Salesforce, a CRM software company, set a goal of having 50% of its US employees from underrepresented groups. It has a achieved 50.7% of its goal. The company has been named a “Best Place to Work for Disability Inclusion” and promotes flexibility, particularly remote work.?

Amazon organized a hackathon to hire women programmers from Indian tech institutions, attracting over 6,000 participants. The event, part of Amazon’s WOW program, aims to increase gender equality in the tech industry.?

iSupport Worldwide, whose leadership team and workforce consists of men, women, and LGBTQ, currently has a Glassdoor rating of 4.3 for diversity. Its diverse offshore teams allow clients to boost their diversity rating to 4.0.?

Why Partner with iSupport Worldwide?

By growing internationally, iSupport Worldwide helps businesses access varied talent pools, enhance cross-cultural understanding, and develop a global perspective.?

iSupport promotes cross-cultural understanding without the challenges of communication and language barriers since its offshore teams are located in the Philippines.?

The Philippines has historical and cultural connections with Western countries. It also has millions of college graduates with an excellent command of English, with English being its medium of instruction in school and the official business language.?

Thus, iSupport can provide its clients quick access to a varied talent pool of professionals, which they can’t find easily in their locality.?

Are you ready to access a global talent pool for diversity and growth at a fraction of your operation costs???

Reach out, and we can schedule a free, no-obligation assessment of your hiring needs.?