You have no doubt heard of relocation. This happens when some or all of the business processes or services are based abroad. The goal is usually to cut costs. India is the usual destination for IT outsourcing. It is essentially a form of outsourcing. Now there is a new buzzword for practice - high speed flight. One of the challenges of outsourcing to places like India, especially if you work in the UK, is the tyranny of distance and culture. India is an inexpensive place to do business. But if problems arise and problems are inevitable, given the linguistic and cultural differences between India and the United Kingdom, solving the problem is a long and costly journey by air. Nearshoring Poland seeks to overcome this. Nearshoring is the practice of basing your company's processes or services abroad, but near you. For British companies, this means Europe. The closest capital to Europe is Poland. Why Poland? Poland offers a critical combination of access relatively close to the UK and at low cost, cultural differences are minimal, the vast majority of the population speak good English, it has an incredibly high level of IT skills and its cost is pretty competitive. Of course, it costs less than working in the UK.
Some reasons why nearshoring Poland works
Let's examine some obvious reasons why you should start skating in Poland. Britain and Poland have strong and growing bilateral relations. Poland is a member of NATO and the EU. The ruling party, Law and Justice, controls both houses of parliament and the country is politically stable. Since becoming a free market economy in the early 1990s, Poland has become a modern success story. Today it is the sixth largest economy in the EU. Its banking system is stable, which increases foreign investment and raises the standard of living. Some countries may seem attractive at first glance as the nearest destination, but they lack the political, legal, financial and economic infrastructure to make this proposition viable. Poland is not one of these countries. Poland is stable and reliable.
In addition, Poland fulfills the key requirement of proximity nerashoring. It is a 90 minute flight from the UK. Thefts are inexpensive and frequent. You can easily go there all day. Such a scenario is not possible if you relocate further to India or Asia. Proximity is one of the main advantages of closest supporters compared to traditional supporters. This proximity reduces costs.