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Outsourcing Overview

Offshore Joint Ventures between offshore vendors and US companies are a popular channel today for both managements to achieve their objectives. Offshore Joint Ventures offer an opportunity for each partner to benefit significantly from the comparative advantages of the other. Local partners bring knowledge of the domestic market while foreign partners can offer processes, management know-how, and access to overseas clients. 

For either side, the possibility of joining with another company in the new venture lowers capital requirements relative to doing it alone. As attractive as offshore joint ventures might seem, however, they frequently perform unsatisfactorily unless carefully planned and executed. 

The Interactive World Joint Venture Methodology 

Orange Bullet Analyze: Requires an in-depth requirement analysis to evaluate if offshore outsourcing is the need of the hour.
Orange Bullet Identify: Identify partners who possess the skill sets and technological requirements as required by your function or process.
Orange Bullet Negotiate: Joint Venture Agreements involves role definitions, capital arrangements, tenures, financial payments and venture deliverables after establishing the governing parameters.
Orange Bullet Clearances: Statutory Clearances are required for the joint venture to start off at a firm footing.
Orange Bullet Transition: Transition projects, hire and train resources and keeping a keen eye on the progress.
Orange Bullet Measure: Defining critical reports deliverable on a periodic basis. Creating a hawk eye mechanism to ensure joint venture success on a long term basis.

At Interactive World, we have the proven financial, operating, strategic and local country skills needed to guide you through the Offshore Joint Venture planning and execution. We work with you to build your strategy, identify and approach joint venture partners, structure the transaction and help with integration. Our objective is to make the Offshore Joint Venture a winning strategy for you. With our detailed knowledge of the offshore industry, we take all these considerations into account, identifying offshore vendors that will bring highest value to the Offshore Joint Venture.

With detailed requirements analysis, thorough due diligence, best-in-class benchmarking, extensive local country expertise and professional onshore and offshore project managers, Interactive World ensures the success of your Offshore Joint Venture from beginning to end. 

 

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