| Large scale businesses and industries of all sorts can | | | | tremendous success achieved by the company. This |
| benefit greatly through business process outsourcing. | | | | trend found a great number of followers after the 80s. |
| But the benefit doesn't come just like that and it is for | | | | As BPO has proven to be a highly effective strategy |
| sure a complicated task. The utilization of an LMS in | | | | in business, a lot of companies have started to make |
| this area can work wonders and make training | | | | use of online training systems such as learning |
| employees look like child's play. | | | | management system. Cutting costs, besides providing |
| Delegating or handing over the business processes of | | | | an effective way of training is one of the most |
| an organization to a third party service provider is | | | | important concerns of any organization. |
| what is meant by business process outsourcing. | | | | Apart from important financial and accounting activities, |
| Companies usually hand over human resources, | | | | even course content creation that encompasses |
| finance and accounting related work to third parties. | | | | books, CDs, videos etc is handed over to third parties. |
| The practice of outsourcing customer service was | | | | This is what an LMS vendor does as they create |
| followed only later. Based on the location of the third | | | | training module that takes care of the specific needs |
| party provider BPOs can be classified as offshore, | | | | of an organization's training needs. |
| nearshore, knowledge process and legal process. | | | | Providing vocational training to employees was |
| The greatest advantage of BPO is that it can help an | | | | decentralized in the past and this scenario got changed |
| organization greatly when it comes to cutting costs. | | | | when learning management systems made it into |
| The compensation for labour, bills etc cost too low in | | | | online training systems. The amount spent on training |
| offshore outsourcing than in onshore or onsite works. | | | | was very high and managing it seemed to be equally |
| But still, efficient training is required in order to create | | | | difficult. The method of training varied from one |
| co-ordination among the different departments of the | | | | company to another. |
| organization. | | | | BPOs can gain a lot if they centralize and repeat the |
| BPOs have existed for a long time now. The earliest | | | | training process. This can be made possible by using |
| instance of them can be traced back to the 1830s | | | | learning management systems which integrate all the |
| when the United States had assigned the job of | | | | processes involved in training into a single package and |
| creating ship sails and wagon covers to Scottish | | | | deliver good results when it comes to increasing the |
| labourers. The recent outsourcing trend has its origin in | | | | skills of the employees. You can also control |
| the 1970s when a lot of computer companies began | | | | unauthorized spreading of the learning material by |
| handing over their works such as payroll preparation to | | | | integrating the same with a logo and a corporate |
| third party companies. A good example for successful | | | | colour scheme. Pay-per-use business plan facilitates |
| outsourcing is Coke which started it out in the 1980s | | | | easy updation of course content and employees can |
| and many companies followed suit seeing the | | | | gain essential vocational knowledge this way. |