What to expect from Philippine BPO firms in the next 6 years

Faith Ocampo Published on December 28, 2016

makati philippines skylight

As one of the most competitive players in the global outsourcing market, how does the Philippines plan to tackle the biggest, looming industry challenges?

Business leaders’ quest for cost-effective solutions, consumers’ shifting preferences, and the rise of new tech products and processes are simultaneously reshaping the offshoring landscape.

For emerging outsourcing locations, the challenges that come with these transformations are relatively easier to overcome. From the get-go, they can tailor their strategies to fit the existing business climate.

But for those that have already established an influential presence in the business process outsourcing BPO scene—like the Philippines—the challenge is to keep reshaping one’s operational framework. Their goal must be to rebuild a flexible business model that will enable them to absorb new practices and trends.

How exactly does the Philippines plan to do this?

To bolster its expertise and remain a strong force in the global BPO domain, the Philippines aims for these targets within the next six years.

1. More jobs

filipino business team

By 2022, Philippine call centers and other types of outsourcing companies are aiming to create an additional 1.8 million direct jobs. This figure appears in Accelerate Ph: Future-Ready Roadmap 2022 released by the Information Technology and Business Process Association of the Philippines (IBPAP) earlier this year.

Currently, the Philippines employs 1.2 million full-time workers. However, it plans to generate more jobs by focusing on higher-value BPO segments. This includes animation and game development, health information management, and IT and software development.

It’s estimated that for every one job being opened in the information technology-business process management (IT-BPM) industry, three more jobs are being created elsewhere, such as in retail, food business, transportation, and real estate. This ripple effect is seen to contribute to a more sustainable economy in the country.

 

2. Higher revenues

stacked coins

IBPAP is optimistic about Philippine BPO industry’s continuous growth in the coming years, as it estimates that the country can generate $40 billion in revenues by 2022.

Currently, the country’s IT-BPM segment contributes to 10% of the nation’s economy. As 2016 ends, it’s projected to earn around $25 billion. If it successfully integrates its fortified strategies (discussed below), the country is on its way to occupying 15% of the global outsourcing market share.

 

3. Strong government support

business partners shaking hands

Last year, the Philippine government passed a bill that aims to create a separate, independent Department of Information and Communications Technology (DICT). It’s a move that allowed the country to fully focus on ICT and its functions.

Philippine call centers and other BPO providers can expect stronger government support through the DICT, which is now formally operating. It’s also tasked to build an enabling business environment for outsourcing companies and foreign investments.

 

4. Focus on diversification

young office employees at work

The Canadian Chamber of Commerce of the Philippines (CanCham) President Julian Payne said that if the Philippines fails to climb up the outsourcing value chain, its growth will be at risk. The country must increase its competitiveness, as countries like India and others in Southeast Asia are all aiming to boost their knowledge process outsourcing (KPO) capabilities.

For the coming years, therefore, the Philippines intends to diversify the offshore services it offers. To do this, it must harness the skills of new graduates and build a reliable tech infrastructure. It can’t place all its hopes in the contact center segment. Instead, it must shift its attention to higher-value segments that require specialized skill sets. This includes IT and other knowledge-based processes.

 

5. Digital transformation

smiling female employee using tablet with coworkers in background

To carry out its missions, Philippine BPO companies must rely on powerful, sophisticated tools and apps, increased connectivity, and the most innovative tech solutions. The IBPAP has been cultivating partnerships with the private sector, specifically local network providers, to make this possible.

In the coming years, we can expect expansions in outsourcing companies’ data network capacities. This can help them successfully adopt and carry out tech-powered processes that would enhance the quality of their services.

Faith is a digital media enthusiast aiming to become an active part of the tech world by sharing her insights. She likes to blog about everything digimarketing, technology, and social media.
Join us on facebook
Open Access BPO 14 days ago
Disasters can happen at any time. So, if you're thinking about #outsourcing to a #CallCenter.

The best thing you can do to ensure your ops' resilience is to choose an #OutsourcingPartner with robust #DisasterRecover and #BusinessContinuity strategies.

Here's why and how (plus tips for implementing a successful outsourcing strategy):
https://buff.ly/Zf9nscz

——————————
Open Access BPO's commitment extends beyond exceptional #CX.

Our robust information security strategy ensure the protection of your data, even in times of disaster: https://buff.ly/TVHntWT

#WeSpeakYourLanugage
#PhilippineCallCenters #DisasterPreparedness
#BusinessResilience #RiskManagement
#CrisisManagement #EmployeeSafety
Open Access BPO 17 days ago
Promoting #CallCenter agents to leadership roles is crucial for both talent development and ensuring a consistent #CustomerExperience.

Structured training programs are the bedrock for building the skills that enable these new leaders to effectively oversee their teams.

Let's discuss how to infuse these key points into a future leader's workplace persona: https://buff.ly/uD7ouM6

——————————
Partner with an #outsourcing firm that finds a way to leverage accents and multilingualism to deliver excellent #CX.

Outsource your business needs to Open Access BPO's expert team, supporting over 30 languages.

Contact us today.
Let's start planning your ops: https://buff.ly/n3TzYaF

#WeSpeakYourLanguage
Open Access BPO 18 days ago
Boosting agent #productivity and #satisfaction is a critical strategy for increasing efficiency in #CallCenters.

A positive work environment leads to more engaged employees, which in turn improves #CustomerService and retention.

A highly engaged and motivated workforce is essential for providing excellent #CustomerService and retaining top talent.

Check out these 5 tips to boost #EmployeeEngagement and productivity in #ContactCenters: https://buff.ly/ba5Mx36

——————————
See how Open Access BPO's dedication to employee training, engagement, and a diverse culture helps us deliver a superior #CustomerExperience: https://buff.ly/uTdQH3D

#WeSpeakYourLanguage
#CSat #CustomerSupport #CX
#CustomerSatisfaction #CSat
#EmployeeManagement
Open Access BPO 19 days ago
Open Access BPO is taking a big step towards a healthier workplace with a new program designed to help employees build lasting, healthy habits.

The multilingual call center's initiative focuses on holistic wellness practices that are perfectly suited for the #BPO environment, including physical fitness, nutrition, and stress management.

See how we're revolutionizing employee wellness: https://buff.ly/dXBijx5

——————————
The success of our team is our top priority, and that dedication is reflected in the results we deliver for our clients.
We believe that a happy and healthy workforce is the best foundation for a successful partnership.

Looking for an outsourcing partner that's invested in both its people and your brand? Let's talk: https://buff.ly/n3TzYaF

#WeSpeakYourLanguage
#OneForHealth #oabpoSHIFT
#IdeaHubOABPO #EmployeeWellness
#WellbeingAtWork #EmployeeEngagement
Open Access BPO 20 days ago
𝗢𝗽𝗲𝗻 𝗔𝗰𝗰𝗲𝘀𝘀 𝗕𝗣𝗢 𝗣𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘇𝗲𝘀 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲 𝗪𝗲𝗹𝗹𝗻𝗲𝘀𝘀 𝘄𝗶𝘁𝗵 𝗡𝗲𝘄 𝗟𝗶𝗳𝗲𝘀𝘁𝘆𝗹𝗲 𝗠𝗼𝗱𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲

Multilingual call center 𝐎𝐩𝐞𝐧 𝐀𝐜𝐜𝐞𝐬𝐬 𝐁𝐏𝐎 has launched its largest employee wellness program, 𝗦𝗛𝗜𝗙𝗧: 𝗔𝗻 𝗢𝗔𝗕𝗣𝗢 𝗟𝗶𝗳𝗲𝘀𝘁𝘆𝗹𝗲 𝗠𝗼𝗱𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗣𝗿𝗼𝗴𝗿𝗮𝗺.

The three-month program was launched July 30 at the company's Robinsons Summit Center HQ in Makati, with a live stream to its Davao and work-from-home teams. According to Senior Director Nate Martinez, SHIFT focuses on a holistic approach to fitness and nutrition to promote lasting lifestyle changes.

The initiative, which stands for 𝐒𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝐇𝗲𝗮𝗹𝘁𝗵 𝗮𝗻𝗱 𝐈𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝐅𝗶𝘁𝗻𝗲𝘀𝘀 𝐓𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻, aims to help employees in the business process outsourcing (BPO) industry build healthier, sustainable habits.

Company Nurse Princess Ann Louisse Pascual provided a detailed overview of the program, emphasizing its goal of long-term wellness rather than just short-term fitness goals. Nurse Supervisor Shania Semper also highlighted the importance of health and wellness within the BPO industry.

The company anticipates this investment in wellness will lead to a more productive, engaged, and healthier workforce.

This initiative is a testament to the company's commitment to building a supportive, people-first culture, with the goal of fostering improved employee well-being, morale, and overall performance.

#WeSpeakYourLanguage
#OneForHealth #WorkLifeBalance
#MentalHealthMatters #IdeaHubOABPO
#EmployeeWellness #WellbeingAtWork
Open Access BPO 21 days ago
Excellent #CustomerService is built on #EmployeeSatisfaction.

And to improve the #CallCenter agent experience, you must give your #CX reps a reason to be proud—
• of their work, and
• of the company that trusts them to do it.

𝗦𝗶𝗺𝗽𝗹𝘆 𝗽𝘂𝘁, 𝗶𝘁'𝘀 𝗮𝗹𝗹 𝗮𝗯𝗼𝘂𝘁 𝘁𝗮𝗸𝗶𝗻𝗴 𝗰𝗮𝗿𝗲 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀.
Here are some reasons why you should improve the #EmployeeExperience:
https://buff.ly/GVukltY

——————————
Great #CustomerSupport starts with a great team.
Learn how our services can help you create an exceptional agent experience, and in turn, a better experience for your customers.

Get access to empowered customer service experts to frontline your programs: https://buff.ly/n3TzYaF

#WeSpeakYourLanguage
#CustomerExperience #CallCenterAgent
#CallCenterAgentExperience #AgentSatisfaction
#EmployeeManagement #EmployeeEngagement