There are infinite benefits to operating a team from around the globe, but what exactly makes it the attractive alternative to standardized ways of working? Keep reading to find out…
1. Give preference to skills over the geographic location.
In recent years, local skill shortages have become more of an issue, and it is believed they may continue to last for some years. By stepping outside of your geographical parameters, you can access the best of the best with the skills you want and need for your business. Also, by enabling your business to hire excellent people that will make the company succeed, you can focus on creating the competitive edge you need over other market players. It’s a win, win.
2. Build creative diversity.
We all come from different walks of life, and often that means we have our own unique experiences and learnings that shape the way we do things. Diverse teams connected worldwide have the power to generate new ideas and move in directions that may not have been previously considered on their own. Not to mention, creative diversity and different cultures can foster a rich workplace destined to do great work.
3. Flexible Scaling at a reduced cost.
Tapping into the global workforce allows you to scale at the pace your business needs without the large expenditure. In addition, having flexibility means you can staff up or down based on your existing team’s projects, demands, and workloads.
4. Leverage your MVP’s
Too often your best people are working on the busy work. You know, the hard to recruit for, hard to retain type of roles that do not leverage the unique expertise of your team. It’s the type of work that is draining but necessary. This work is critical but can be done in a cost effective way. It’s the type of work that can make or break business in all industries.