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If you’re an IT professional you probably haven’t thought of offshore outsourcing as a particularly funny topic …

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“I called the tech line here [at NBC],” Jay Leno once recalled, “and I got a guy in India and I said, ‘Thank you, what’s your name?’…

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Outsourcing is a strategic management model wherein business processes are transferred to another company. The concept is: to let a third party service provider perform the management and/or day-to-day execution of one or more business functions.

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Esquire magazine’s A.J. Jacobs once hired an assistant, Asha, from an Indian outsourcing firm called Your Man in India to do some online shopping and other mundane tasks.

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Application Service Provider (ASP); Business Process Outsourcing (BPO); Competitive Insourcing; Contract Manufacturing; Co-Sourcing or Cosourcing; Facilities Management; Insourcing; Nearshoring; Offshoring; Service Level Agreement (or SLA); Shared Services.

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Choosing a company to outsource to is very different from choosing an ordinary supplier. You’re embarking on a long-term relationship, so take your time.

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Depending on the project, outsourcing can sometimes be a very cost-effective business decision. Sure, we can all accomplish some of it in-house, but can we do it all, and do it well?

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