The OCE has already released it’s new Australian Industry Report for 2015.
It picks up where 2014’s industry report left off: How Australia is responding to fundamental change, from mining investment growth, up to how the economy will thrive in the coming years.
Australia’s economic growth is constantly changing and is still in transition— how it will reveal is still unknown.
The report states that although Australia is in its 24th year of succeeding economic growth, it is still in a slow pace and is now nearing the below point of its long run average, mainly because of the global economy, the Australian market and other technological aspects.
Businesses need to diversify its drivers and policies for productivity and growth in order to achieve a long term economic prosperity. Focus on the research and development aspect, evaluation of regulation performances and competitively & effectively using the enabling services sector are the key factors in attaining that goal.
According to the report, the enabling services sector has amounted to $465 billion which is 29 % of GDP, and has successfully employed an approximate 3.1 million workers for the year 2014-2015.
To remain competitive, Australian businesses must expand its resources like exploring new areas of profit, investing in potential markets like Asia and finding ways to improve business productivity through research and development, or innovation of business practices.
Outsourcing jobs from BPO companies will provide a wide range of business opportunities to increase business productivity.
Here are some services that BPO companies provide:
- ACCOUNTING / BOOKKEPING / PAYROLL SERVICES
- MOBILE DEVELOPMENT SERVICES
- VIRTUAL ASSISTANT SERVICES
- GENERAL SUPPORT / SERVICES
- WEB DEVELOPMENT MARKETING SERVICES
- TELEMARKETING SERVICES
- DATA PROCESSING SERVICES
Focusing on Value Work and eliminating transactional and time consuming tasks will be the first step in the near process.
Outsourcing helps businesses across Australia by taking away these non- value tasks, and is proven cost effective.
Furthermore, no matter what industry you are in, outsourcing can help you.
BPO companies cover a range of industries variety like Finance, Transport, Travel, Insurance and even home services.
Outsourcing staffs especially from the Philippines is a smart choice. They are highly skilled professionals and are trained to suit your business demands. The country is also the leading BPO destination across the globe offering better internet and telecommunication services compared to India, China, Sri Lanka and other offshoring countries.
Having to worry about annual sick leave and work cover will no longer be a headache.
Your precious time can be better used on things you really like to do.