According to the Economic Policy Institute 28% US workers will remain in low paying jobs in 2020 which is the same as in 2010. Globalization & technology is the reason as some previous blog posts have indicated and this post gets into some more details. But first let's understand the different levels of skills andContinue reading “Globalization & Technology is why 28% US workers may remain in low paying jobs in 2020”
Category Archives: Outsourcing/Outsourceability
Outsourcing transfers the perishability risk to the provider
As outsourcing becomes an important issue in the US Presidential elections- it's interesting to look at the perishability risk of services and how the provider or vendor takes over managing that risk. But first about perishability in services. Services have been differentiated from goods in terms of service characteristics that include intangibility,perishability,inseparability and variability. TheContinue reading “Outsourcing transfers the perishability risk to the provider”
US Textile Industry and the outsourcing of US Olympic team uniforms by Ralph Lauren
The outsourcing of US Olympic team uniforms by Ralph Lauren to China seems to cause a great deal of angst among US politicians as you can see in the Wall Street Journal video alongside. The reality is that if you checked out any clothing or home furnishing at the apparel section of Walmart, JCPenney orContinue reading “US Textile Industry and the outsourcing of US Olympic team uniforms by Ralph Lauren”
Creating American jobs with inevitable outsourcing should be the presidential election debate
Creating American jobs with inevitable outsourcing should be the presidential election debate from both parties. This given the recent speculation that GOP candidate Romney might have helped the global outsourcing boom while at Bain Capital. Consider the following: Global outsourcing as a debate in academia has progressed from when to outsource to how to manageContinue reading “Creating American jobs with inevitable outsourcing should be the presidential election debate”
The Internet Cloud and Telecom angle: Global IT spending to reach $3.6 trillion
Global IT spending is to reach $3.6 trillion in 2012 up from $3.5 trillion in 2011 according to Gartner that is about a 2.86% growth. Here are some things to consider in these numbers: Cloud means Internet : Following the previous post about what jobs cannot be outsourced from the USA, the cloud means thatContinue reading “The Internet Cloud and Telecom angle: Global IT spending to reach $3.6 trillion”
What jobs are not outsourceable in the US? Going global in Agriculture,Manufacturing and Services
What jobs are not outsourceable in the US will be a question on top of mind as the Presidential election campaigns gather steam.This as globalization and technology moves forward at an ever faster pace. A useful way to think about the challenge for young and mid-career Americans is as follows: Agriculture: Only a tiny 0.7%Continue reading “What jobs are not outsourceable in the US? Going global in Agriculture,Manufacturing and Services”
The Smiley Curve of Innovation-celebrating the American spirit 4th of July
This is the July 4th weekend in America and celebrations are underway – and it's a great time to think about the Smiley Curve of Innovation. The Smiley Curve came to my attention reading Fareed Zakaria's great book "The Post-American World," and here are some thoughts on "The Smiley Curve of Innovation " this AmericanContinue reading “The Smiley Curve of Innovation-celebrating the American spirit 4th of July”
Steps in Engineering Outsourcing : What goes out – must come back
Given the interest in an earlier post on engineering outsourcing its timely to think about the steps of engineering outsourcing and keep in mind that what goes out must come back! Here are the most basic steps of the engineering outsourcing process: Core competence: As discussed in several articles innovation and intellectual property is bestContinue reading “Steps in Engineering Outsourcing : What goes out – must come back”
The word “Outsourcing”
One of my industry contacts on the outsourcer side once revealed over lunch that his American born ( probably 3rd Generation) parents were chiding him for being the outsourcing manager of a financial sector major. My friend’s Dad lamented that he was overseeing the "export of American jobs" and was generally unwilling to share theContinue reading “The word “Outsourcing””
Alan Greenspan and “The World is Flat”
I had just happened to switch on the CSPAN televised testimony of Federal Reserve Bank Chairman , Alan Greenspan (June,9 , 2005 Joint Economic Committee of the US Congress). It was delightful to see how each Committee Member enjoyed the opportunity of talking to the venerable Greenspan! Somehow the MSM (Main Stream Media) has notContinue reading “Alan Greenspan and “The World is Flat””