Launch of Haitian Sector BPO (Business Process Outsourcing)
BPO involves the contracting the responsibilities and operations of specific functions of an organization to a third party service provider. It is an allocation of specific business processes to a specialist external service provider. When such a process is out-sourced to a different country which is not nearby - BPO is called 'Offshore Outsourcing'. It is helpful to an organization when it cannot handle all aspects of a business process properly internally, and cost effectively. For third world countries, the BPO phenomenon is a godsend; it creates a large number of jobs. It acts as a buffer against the unemployed youth force and the opportunity for advancement. BPO brings the economic ladder of upliftment close to them.
The CFI, to implement this concept successfully in the Haitian economy, will work under the 'Avasant' Foundation' Program named "Jobs: Digital Youth". This program aims to prepare Haitian workforce suitably for this service industry. 'Avasant' Foundation' is a US consultancy firm, working and committed to develop a sustainable technology-training program for the disadvantaged Haitian youth in the BPO industry. It is also working to highlight profitable business opportunities in Haiti.
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