Everything You Need to Know About Nearshore Teams
Are you facing challenges to speed up your company’s hiring process? Do you require expert talent to develop a ground-breaking product or service? Look no further: nearshore teams can be the key to solution. Let’s read more about this novel strategy and how it can optimize your operations.
What Are Nearshore Teams?
Nearshore staff augmentation is a hiring strategy that consists in working with a remote team of professionals located in a neighboring country. Some of the most significant benefits of this model are the shared time zones and the cultural similarities, which can lead to a seamless and smooth collaboration.
How and When Was Nearshoring Born?
The events that led to the global economic crisis in 2008 and the recent COVID-19 pandemic transformed business practices gradually until the concept of nearshoring was born. The difficulties companies faced in terms of logistics and operating costs called for a new alternative. Within outsourcing, nearshoring consists in moving specific company processes to countries that are less expensive but also quite close, tackling both issues effectively.
What Is the Difference Between Nearshore, Offshore, and Onshore?
The most obvious difference between nearshore, offshore, and onshore outsourcing is related to the team location. Nearshore means that the team is located in countries that are geographically close, i.e., in the same continent or a similar time zone. Moreover, while offshore outsourcing consists in hiring talents in a faraway country, onshore involves working with a team situated in the company’s country or region
Advantages and Disadvantages of Working with Nearshore Teams
Before deciding to onboard a nearshore team, there are some pros and cons that should be taken into account.
Advantages of Working with Nearshore Teams
Companies can benefit from numerous advantages when working with nearshore teams. Apart from saving money, specialized talent with cultural affinity and a proficient level of English, which is also located in a similar time zone, can offer businesses flexibility to easily scale up and down, and to distribute tasks and resources more effectively. Basically, nearshore services favor company growth and cost savings while maintaining an agile approach.
Disadvantages of Working With Nearshore Teams
Companies may also face certain disadvantages and risks when collaborating with nearshore teams. Although professionals in these regions tend to have a high level of English, there might still be communication challenges such as misunderstandings and language barriers. Besides, there can be quality-assurance related issues in terms of work practices, which usually vary depending on the country.
What Is the Impact of Geographic Location on Choosing Nearshore Teams?
Geographic location facilitates not only real-time collaboration due to time zone alignment, but also smooth integration with the internal teams based on cultural compatibility and understanding. In turn, this can have a direct impact on the company’s performance and results.
What Types of Professions Are Most Common in Nearshore Teams?
The following experts are the perfect fit to integrate nearshore teams due to their remote work nature and digital approach.
Design
UX/UI design and development requires expert knowledge and advanced skills, since it involves carrying out a vast array of tasks. Therefore, internal personnel can benefit from having external members with a high level of specialization to make up an agile and fully integrated team.
Marketing and Sales
Marketing and sales experts require real-time collaboration with the in-house team, but not necessarily face-to-face encounters. Once they are acquainted with the business’ goals and objectives, they can work independently and easily report back to the head office.
Content
Content creators can be located pretty much anywhere, since their tasks do not demand physical presence. In fact, having a diverse cultural background can enhance creativity and innovation when collaborating with the in-house team, and can also have a positive impact in the company’s environment.
E-Commerce
E-Commerce professionals need to be fully aware of the latest trends and cutting-edge tools and technologies to adapt quickly. Having an external subdivision with niche expertise can turn into a valuable asset for any company.
Conclusion
All in all, companies looking for a strategic and agile approach can make the most of this model. Nearshore dedicated teams offer an extensive background, ensuring rapid return and availability to adjust promptly to your evolving needs.
Looking for a nearshore partner? Let’s connect to find the best talent for you and keep you ahead of the competition!
FAQs
Do you have any questions? Explore our answers below. If you have further doubts, please do not hesitate to contact us.
Are nearshore teams recommended for startups?
Nearshore teams offer companies flexibility, easy scalability, cost savings, and medium risks. Therefore, this model allows start-ups to test new talent and embark on challenging projects while saving time and money.
What are the benefits of hiring a nearshore team from Latin America?
Latin America is a popular destination to access nearshore services due to three main reasons. Firstly, it is close to the United States. Secondly, they share a similar time zone. Thirdly, with highly education levels and globally renowned workforce, its talent pool is unlimited.
How do I choose the right nearshore company?
When choosing a nearshore company, it is paramount to assess their specific experience and results in your industry, as well as their clients' reviews. Flexibility to adapt to today's fast-paced business world and attention to detail are key to achieve highly effective outcomes.