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Rocketship

Today’s tech leaders continue to face extraordinary pressure as the need to digitize operations and create differentiated experiences for both customers and employees continues to increase. And while their newfound importance with their organizations has presented unprecedented levels of opportunity, attaining it is only growing harder amidst a backdrop of talent shortages, skills gaps, and economic uncertainty.

Companies outsource development for many reasons. They might wish to lower costs, use niche expertise, get a different perspective, or tap into a more flexible labor pool.

Some of the most successful companies that have outsourced some of their software development include:

JetRockets became a Teal Organization in 2020, giving employees more autonomy to work from their unique abilities. This transition was successful and pairs well with hybrid work, allowing employees to work from a position of purpose and cultivate their desired culture. The company is optimistic about the future and the benefits of hybrid work.

According to Frederic Laloux, the author of Reinventing Organizations, a Teal organization is one where the management is based on worker autonomy and peer relationships. 

This means that workers follow a self-management model, and team members are responsible for all the decisions and actions made by the team. There is little to no supervision from upper management, and teams have complete autonomy over how to approach their work responsibilities.

JetRockets went Teal in 2020. We are pleased to say that, although the transition was difficult, the results were worth it. Our company is stronger and more effective than it was before.

Suppose you just founded a brand new fintech startup. You want your app to change the way the world uses money.

Unfortunately, there is a lot that goes into running a fintech company. You might need more than just creating the software for your small team. And that doesn’t even include routine tasks like payroll, billing, and customer service.

The solution is to outsource some of your services to third parties. This path is followed by many startups and even large, established corporations. The global market for IT outsourcing was over $500 billion in 2022, and is expected to almost double by 2030.