Growth in "off-shoring"
I heard a report on MPR this morning based on this article from CFO Magazine on the growth of off-shoring in corporate America. The author states that off-shoring is now so commonplace that it isn't nearly as politically sensitive as it was in previous election years. Her report supports the predictions made by Tapscott and Williams--unfortunately. She believes that only "the most interesting jobs" will be left in this country. While that's very good news for a few people, I want to know what everyone else is going to be doing...
Here's an except: â€œCompanies and offshore service providers alike have expanded their views on which functions can be offshored, with everything from traditional call-center work to legal research on the table. They have also learned how to better manage the outsourcing process. At the same time, finance chiefs have gained a healthier respect for the hazards involved in sending work overseas (see "Staying Put" at the end of this article).
Far less fearful of a public backlash than before, companies today have a world of options when it comes to offshoring arrangements. "It's become a global bazaar," says Raffy Ohannesian of DLC, a finance and accounting-services firm. "Whatever you need, you will be able to find it at a lower cost, with a minimal or acceptable level of quality degradation, or sometimes even improvement. It's just a more mature market."
Offshoring, in short, has grown up.â€?
From: "Offshoring Spreads Its Wings: From East Asia to Eastern Europe, offshore outsourcing is taking off." Kate O'Sullivan, CFO Magazine March 1, 2008