Organizations are still searching for advanced scientific knowledge in the form of academic degrees and years of engineering experience when it comes to tech talent.
Workers with this kind of knowledge have been in greater demand than ever in the recent year, as more than half of IT executives had trouble filling open positions. There are numerous articles on the Great Resignation, and it frequently seems like businesses are bidding fiercely for top tech talent. However, hiring locally for current needs is not a winning long-term strategy.
Leaders would be wise to think about an abundant strategy where technological talent can be curated, generated, and cultivated rather than competing for the limited pool of available tech talent. In other words, look out instead of competing.
Flexibility: Why is it the best ability?
In the US, the shortage of tech skills continues to have an effect on the bottom line during the following two years. Organizations that want to safeguard and advance their transformation initiatives need to hire employees using a differentiated, strategy-driven approach.
Therefore, due to its flexibility and cost-effectiveness, nearshoring may be required in addition to a team’s move from on-site to remote working. Especially when a company discovers they are significantly behind schedule in their digital transformation process but still need to move forward.
Nearshoring is a flexible solution that can be adjusted to a company’s specific needs and enables enterprises to grow very efficiently (without incurring pointless investments).
5 concrete examples of nearshoring flexibility
1. You are more agile
Effective, iterative, and collaborative programming approaches and principles are referred to as agile software development. As it implies a more flexible and customer-focused procedure, it is growing in popularity today. Agile nearshoring is the practice of assigning programming duties to specialized teams in a neighboring nation to boost business success and accelerate project delivery.
2. You become adaptive to changing market conditions
Due to the ease of quickly scaling up or down with nearshore partners, nearshoring enables your company to be more adaptable and responsive to shifting market conditions. Moreover, it shortens your time to market.
Organizations need to concentrate on reducing their time to market in a competitive landscape. This entails shortening the time between product development and commercial launch as much as possible. Therefore, businesses that become faster and more responsive to customers’ needs and demands quickly evolve to top leaders.
3. You don’t need to worry about communication issues
It’s essential to be available anytime you need your team throughout the workday so that any potential problems or unexpected changes are handled right away.
For instance, there is a significant time zone difference if your staff is headquartered in India and you are in Germany. This will affect communication, timetables, and team productivity. On the other hand, let’s say a US company nearshores software development to Mexico, the communication is seamless as you share the same time zone and are close to one another.
4. You gain access to a bigger talent pool
By becoming more flexible and implementing nearshoring, you have unlimited access to a much wider talent pool. Furthermore, you learn about the prior work and accomplishments of a nearshore development team when you recruit them. By connecting with them, you forge a link that expands your network globally.
It either directly or indirectly enables you and your business to view things differently and come up with fresh, original solutions to your difficulties.
5. You become more efficient
The entire hiring process requires time, effort, and money. You may hire a highly skilled software engineer in about 40 days. If we’re talking about a unique tech stack or an entire team, it can take even longer. However, when you work with a nearshore partner, you automatically speed up your hiring times and enroll employees more quickly.
To sum up, everything’s about overcoming the fear factor in hiring tech talent. Flexibility is a frequently repeated solution to the shortage of tech talent and, even though it could mean to take a risk, it is like everything else when you are upgrading a business plan or heading towards digital transformation.
Looking for tech talent? We can become your nearshore trusted partner. Get in touch!
ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.