We are excited by the potential that talented people in Senegal possess, potential that up until now remains untapped & underutilized.
Enter Impact Sourcing.
Impact Sourcing, as well, is not a new phenomenon in the world, nor is it novel to the continent of Africa. It was first an evolution of the BPO sector in India, where rising costs in urban areas led to companies seeking workforce solutions for higher-end tasks in rural areas.
Let’s discuss two major reasons why we’re big on Impact Sourcing.
Two Reasons Why Innovation House Dakar Is Big On Impact Sourcing
The first reason: Growth.
Or, rather, the growth of Impact Sourcing as a formidable solution that satisfies the needs of multiple stakeholders at once. Over the years Impact Sourcing, or IS, has grown tremendously with respect to how many organizations are finding synergy between their Core Business and Corporate Social Responsibility (CSR) objectives.
But why is this the case?
The key to this growth perhaps is in the success of the Impact Sourcing model, with Impact Sourcing employing around 240,000 people globally.
Moreover, what’s also evident is that, when talented but disadvantaged populations are given the opportunity to fulfill outsourcing needs, organizations are – more and more – gaining high-quality, low-attrition work processes and deliverables.
All this while members of disadvantaged groups are capable of moving up the BPO Value Chain at remarkable speeds. This is exactly what a report published in 2012 found. The research was completed by the William Davidson Institute after it was commissioned by The Rockefeller Foundation – entitled Assessing The Opportunity For Building a Thriving Industry – to support the Foundation’s Impact Sourcing work.
Whereas the growth in numbers of organizations being interested in utilizing Impact Sourcing as a component of their business execution efforts, the report shows the growth in how involved workers can become in various areas of business, moving from low to high skilled work.
This brings us to our second reasons for being big on Impact Sourcing.
One Big Reason To Be Big On Impact Sourcing In Senegal
Now, to understand the second reason, we must look back to the report published by WDI (see above). In it, one will find a list of the countries the research showed as having the highest potential for Impact Sourcing. An extensive study appears to have been done to identify top countries in the world with this potential.
By looking at the findings, you’d see that Senegal has been identified as such a country with a potentially great fit for Impact Sourcing, based on a few important factors such as Internet penetration, government support for IS and so on. But these are only two of the reasons Innovation House Dakar is big on Impact Sourcing.
Beyond this, here at Innovation House our Talent sourcing and development process further provides value to companies, with a team that, together, combines specific Impact Sourcing expertise with respect to deep technology needs.
If you are a corporate looking to get your Impact Sourcing needs met, do contact us today! Our Sourcing Account Manager will be happy to assist you in learning more about how Innovation House can help!
If you’re a young graduate interested in doing some exciting work in the Deep Tech field, consider applying to our Residency by clicking on the button below!
And, if you’re in Senegal…only one question:
Have you visited Innovation House yet? If not:
Schedule a Visit today!
Come and see what we are building!