Categories: Consultation

Defining Impact Sourcing

Outsourcing has always been a viable option ever since entrepreneurs found alternative ways that are cost-effective as compared to doing everything internally. In addition, offshoring has been a feature in an entrepreneur’s vocabulary over the last two decades.

What about Impact Sourcing? Simply put, this is the new wave. So far, the best definition for impact sourcing has been; Impact Sourcing is exporting/offshoring digital work to areas and workers that would traditionally never access it.

With this definition in mind, it’s fair to say that impact sourcing simply moves labor from 2nd to 3rd tier locations. For most companies, this is typically the case. However, a thorough definition of Impact Sourcing covers how workers and employers confront the relationships between themselves and the offshored work.

A good example of this is Digital Jobs Africa Initiative, under the Rockefeller Foundation. The foundation has in recent times put emphasis, both in thought and effort, on crafting meaningful strategies for Impact Sourcing. As a result of this undertaking, a robust definition of Impact Sourcing has cropped up:

Impact Sourcing is a socially conscious branch of the Business Process Outsourcing (BPO) and Information Technology Outsourcing industry that purposefully employs people with limited opportunity for sustainable employment, mostly in low-income areas/countries.

admin

Recent Posts

AI & the Workforce: Will Jobs Disappear or Transform?

Artificial Intelligence (AI) is revolutionizing every industry, from healthcare and finance to logistics and marketing.…

4 days ago

Why High-Quality Data Annotation is the Hidden Driver of AI Success in 2025

Artificial intelligence is transforming industries from healthcare to finance, agriculture to autonomous vehicles. But behind…

1 month ago

Why Outsourcing Data Annotation Services to Africa is a Smart Business Move

In today's fast-paced digital world, businesses are under pressure to leverage Artificial Intelligence (AI) and…

4 months ago

The Role of AI in Streamlining Business Operations: From Automation to Insightful Analytics

Artificial Intelligence (AI) is increasingly integral to modern business operations, offering transformative capabilities in task…

5 months ago

Why Outsourcing AI and Machine Learning Projects Is Key to Staying Competitive

In today’s rapidly evolving digital landscape, artificial intelligence (AI) and machine learning (ML) have become…

7 months ago

How AI Has Revolutionized Modern Warfare

Artificial Intelligence (AI) has fundamentally transformed the nature of warfare, reshaping how militaries plan, execute,…

9 months ago