When the politicians begin complaining about outsourcing in the American economy, have them read this article.
Sunday, September 30, 2007
Outsourcing; Is it really a problem?
When the politicians begin complaining about outsourcing in the American economy, have them read this article.
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Very entertaining...I don't think this is English class, but I do believe that correct spelling does help...>_>
Anyways, it's interesting to note that there are places that train people to do better in the technology fields and not just in picking up phones and creating an impassible barrier that sometimes occurs when you really need help. India, though still a very poor country overall, has emerged as a more promising nation as the years go by and the need for technological training increases. That company is very smart for looking to basically take over the industry. Since training probably takes much less time than going to a college and learning nearly the same thing, the idea to train outside of the country is beneficial to any business looking for an easy way to solve a problem or train its employees.
Outsourcing is not the most evil practice in the world if it is regulated properly. We must ensure that we keep enough jobs here at home to take care of our people and ensure that any goods that are manufactured outside of our borders are quality.
Companies that outsource specifically for their own profit margins, and are sacrificing domestic employment and product quality should not be supported. As long as consumers are being treated fairly and there is enough work to go around, then I don't view it as entirely bad.
Along the same line, you can argue that the shift of labor to Asia has freed up North American labor to pursue more innovative and efficient means of production. To increase our standard of living, you do not want your citizens to be doing low-capital/labor intensive jobs. These are low in efficiency and decrease the average wealth per citizen.
Infosys looks like a great program! As quoted in the article "It’s the equivalent of a bachelor’s in computer science in six months." Both India and the United States benefit and will continue to benefit from Infosys. In America this program looks as if it is a more productive way to do business and it allows uneducated employees to learn skills and make a good amount of money. This will help India's poverty, as well, because more Indians will be able to hold jobs and make money.
I agree with Brian, the welfare of the domestic populous should come first. As long as America's people are being taken care of, Infosys is ok with me.
For the time being I see them only as a steadily growing corporation. From the standpoint of an American entrepenuer, I do not see them as an immediate threat. However, Infosys should be monitored in its business dealing and transactions. as time goes on. Americans should be weary of the emerging nations economies as an indirect threat (over long perid, ex: China, India, Pakistan, even South Korea). Not militarily of course, but economically. We sit back comfortably while developing countries are slowly outsourcing to us. I dont know about ya'll,but i want my country to remain an economical powerhouse, not China (no offense chinese people). I believe that American should jump into this growing market and see where it takes us. From the looks of it, i believe Infosys is going to take this type of outsourcing to another level.
The fact that Infosys has the power to do this just shows how far along technologically we are. Distance isn't an issue anymore at all!
I agree with the above posters that companies like Infosys are good for society as long as their own country comes first.
I dont think that it is a problem,or at least it isn't yet. In fact, its actually helpful when you consider the fact that these trainees are learning so much in six months and coming back to America which much better skills. I think that maybe many years from now if Infosys continues to get more powerful in outsourcing it may have a negative affect on our economy.
"India is outsourcing outsourcing." The vicous cycle of outsourcing has come around full circle. I think it is a great idea to incorporate various countries within one company. Profits can be counted on from differing sources. which is awesome because it leaves the company not dependent on one country for the main income of money.
Outsourcing is not a problem at the moment. It's pretty cool to read that Infosys and Wipro, two major techonology service companies of India, are giving opportunities like this. It's a great opportunity for people to go and work in a different country than their origin. They not only get trained for a job back home, but they also learn about the country's cultures and get some use out of moving to a different country for six months. When those people come back home, they can use some of the things they learned in India, or wherever they went to train. Sometimes, the things they learn can be useful to our economy.
Also, for example, we talked about in class how Japan makes all the TVs that the United States used to produce. Outsourcing, sort of took the burden off of us to make TVs, so we can focus more on other important things to benefit our economy. For the time being, we should just keep a lookout for companies that are expanding and outsourcing.
To agree with what most people are saying, I agree with this company as long as it stays in certain boundaries. However, that is the truth for almost every case. The priorities of this company is going to be the deciding factor on whether or not everyone stays happy.
Outsourcing, in its raw form, is a problem for some, but also a means to create profit for others. But this 'outsourcing of outsourcing' seems to be pretty cool. The fact that Americans get to work is great. Plus, businesses win too. In conclusion, regular outsourcing is painful. But outsourcing of outsourcing benefits all.
One last thing: It's another reason why India rocks!
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