6 Essential Metrics To Measure Your Offshore Projects

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Offshore Projects

Measure Your Offshore Projects. “If  You can’t manage what you can’t measure.” It’s an old saying. But it’s true—especially when it comes to offshore call center & tech support measure your offshore projects.

If you want to gauge the full impact of offshoring a tech support function, for example, you must be able to measures its progress. Otherwise, it’s all for naught.

Some managers gauge progress based on just one set of numbers: their SLA metrics. This is a necessary effort.

But savvy managers also gauge projects based on process enhancement—an equally telling set of criteria.

Combing these assessments reveals a provider’s overall performance—one of the most critical keys to achieving offshore project success.

More Than Cost Cutting

Offshore projects can help you cut costs, increase productivity, boost customer satisfaction and differentiate you from the competition—all are key business goals.

But to achieve these goals you must do four things:

  • Set clear project goals and objectives
  • Foster a “holistic” approach to offshoring
  • Take advantage of technology
  • Create strategic partnerships with your providers

Research shows that business that do these things enjoy offshoring success. Creating a strategic partnership is among the most critical of these four steps.

Measure Success Of Your Offshore Projects

Among the keys to creating—and maintaining—a strategic partnership with providers is accurately assessing their performances.

What To Measure When You Offshore Projects?

When it comes to gauging provider performance you can measure a provider’s capability and/or process enhancement/output.

To gauge provider capability, think of metrics based on the quality of service delivered and its associated costs. These metrics would include things like SLA compliance, staff expertise, and exception handling ability.

To gauge process enhancement, think of metrics based on process improvements and its associated costs. These metrics would include things like overall efficiency, value added to service processes, and reduction in time to market.

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    Use A Balanced Scorecard Approach

    Many managers use a balanced scorecard approach to measure both a provider capability and process enhancement at the same time.

    A typical balanced scorecard approach covers the following areas:

    Financial

    Metrics associated with this category include the total cost of ownership (TCO), change in operating expenses, reduction in infrastructure costs, increase revenues, and return on investment (ROI).

    Service Quality

    Metrics associated with this category are quality indicators. The most critical measure is overall customer/user satisfaction. Other metrics in this category include things like accuracy, reliability, and availability. Security of tasks and documentation also fall into this category.

    Operating Efficiency

    This category includes metrics that focus on operational expertise, agent adaptability, increased productivity, and response rates

    Relationship

    Communication and collaboration are the keys here. Metrics in this category reflect things like timely, open, and impartial communication. They also reflect intangibles like problem-solving, conflict resolution, and positive interaction.

    Strategy

    Metrics associated with this category include alignment with goals and vision, meeting offshoring objectives, and competitive advantage.

    Growth

    This category includes metrics that reflected the quality of training and improvement programs as well as increases in employee efficiency and jumps in corporate growth.

    SLA Compliance

    This is an important metric to ensure the client’s expectations are met. Failing SLA adherence can lead to penalties. It’s important to educate your team or provider on the client’s expectations and empower them with tools to meet the SLA.
    Learn more about SLAs here: What is SLA?

    Using a balanced scorecard, savvy managers evaluate and Assessing call centers’ success (and project status) regularly. If you’re smart, you will to.

    Every Business Is Different

    Keep in mind that every company is different. So the specific metrics you choose in these six categories will depend on what matters most to your company.

    Measuring a provider’s performance on offshoring projects accurately helps create a strategic partnership with your provider.

    Developing this relationship is a key step in executing successful offshoring projects that produce tangible business results.

    Let us put our proven experience in providing tech support for small and medium-sized companies to work for you. Request a quote from our sales team.



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