What is a Mission Statement?

A mission statement, by definition, is a statement that briefly describes and explains the purpose of the existence of an organization. A good mission statement is usually short, concise, crisp, and self-explanatory. It explains what the organization is responsible for doing, who its customers are, and the competitive advantage that differentiates it from other firms in the same market. A mission statement is also part of the organization’s business plan. It is usually stated along with the company’s vision statement. If you want to know more about what is mission statement, just click the provided link. A mission statement typically provides direction to employees of the organization. An effective mission statement guides the employees into understanding what exactly is a requirement. It can also inspire the employees to achieve more for themselves and the company.… Read more “What is a Mission Statement?”
Posted On

Top-3 Myths about Software Development in Ukraine

Companies choose to outsource IT projects more and more often these days. Perhaps you are convinced of outsourcing benefits but aren’t sure where to send your software projects. Ukraine can be the right destination, but you might have heard some misconceptions about this Eastern European country. In this post, we would like to dispel the top 3 myths about software development in Ukraine. Top 3 Myths about Software Development in Ukraine Myth #1 The Ukrainian economy is on the brink of collapse. It’s unsafe even to begin any business negotiations in this country. You might have read articles about how bad the economy in Ukraine is because of: An unprecedented level of corruption Key economic sectors being in total decay An actual war waged by Russia since 2014   KEEP CALM: Not everything is so bad! The Ukrainian economy might not be in the best shape, but it is… Read more “Top-3 Myths about Software Development in Ukraine”
Posted On

What is the difference between outsourcing and insourcing?

While outsourcing can offer flexibility and cost savings, additionally, it has its drawbacks. On the contrary, it may help you allocate a qualified team with vast experience in different verticals ready to perform tasks. While it allows a company to send work out to CROs that they cannot do internally, insourcing gives companies the ability to use laboratory space that they may already have and keep the operations on-site that they may not have the expertise for but may want to have the visibility and proximity around. Traditionally outsourcing is connected with too little control over performance and quality. Obviously, outsourcing is a feasible option for fleshing out the skill set you require from your advertising team. Generally, both outsourcing and offshoring are on the upswing. Outsourcing isn’t right for everybody. It is a cost-effective way to get the job done. It, on the other hand, enlists the help of… Read more “What is the difference between outsourcing and insourcing?”
Posted On