The dual shore model refers to a business approach where an organization splits its operations, such as research and development (R&D), manufacturing, and customer service, between two different locations or shores. This model typically involves operating high-value, strategic functions in one location, often a developed country with a skilled workforce and advanced infrastructure, while outsourcing lower-value, routine tasks to another location, typically a developing country with lower labor costs. By leveraging the strengths and cost advantages of each shore, the dual shore model allows companies to access talent, reduce costs, and maintain a competitive edge in the global market.
This mind map was published on 29 January 2024 and has been viewed 115 times.