Profile: Hi! I am a journalist with 16 years of experience. I've held senior editorial positions with leading Indian publications.
Posts by Radhika:
Indiaâ€™s true share in the offshoring pie
A Professor from the London School of Economics (LSE), Raja Mitra, who is a former World Bank executive has stirred a hornetâ€™s nest with his suggestion that contrary to the hype generally created around India, the countryâ€™s share in the global offshore business is only 25%. The earlier McKinsey, NASSCOM, and Everest research estimate was 54%. Read more
What and how to pay for Finance Accounting Outsourcing (FAO)?
Because the offshoring trend is still so new, buyers are in a fix determining how much to pay for what service. In this context, I read a very insightful article by Alexa Michael in Financial Management, that discussed among other things, how services are priced in the financial/insurance sector. Although some of his suggestions may be specific to the FAO industry, a bulk stands true for any kind of outsourcing. Read more
Procurement Outsourcing Growing
Writing for International Trade Theory and Policy Steven M. Suranovic, said that the theory of comparative advantage in economics mandates that two countries will find it beneficial to trade with each other in items that they can and do produce at home, if the same can be produced more cost-effectively across the border! Read more
Outsourcing transcends industries
Itâ€™s nobodyâ€™s case that outsourcing is an efficient, cost-saving market strategy that transcends industries, be it furniture-making reports that between 2000 to 2006, Chinese furniture imports to US have almost doubled from $17 to $30 billion, simply because they are 25% cheaper), lab testing , in-vitro fertilization (Against $80,000 in the US, surrogacy costs only $20,000 in India, according to Associated Press, December 30, 2007 report, outsourcing pregnancies to India. Read more
Offshore publishing picks up
Recently Financial Post carried a news mentioning that The Toronto Star has asked its entire unionized and non-unionized staff to take voluntary severance packages as the newspaper is toying with the idea of contracting out most of its editorial and production functions. Read more
Outsourcing Tax for financial service providers in EU
Come January 1, 2010, with the proposed changes in the VAT rules, UKâ€™s financial service companies would no longer be able to enjoy the tax breaks for outsourcing. Read more
R&D outsourcing growing faster than total R&D spending
A report from the Center for Research in Innovation and Competition in the University of Manchester concludes, â€śFirms, even large multinational corporations, can no longer expect to be totally dependent on their in-house research and technology resources to maintain innovative performance.â€ť Read more
RPO gaining in traction
The other day I happened to stumble upon a career portal launched by a Tirupur (Tamil Nadu) based textile group that offers video conferencing facilities to recruiters, wanting to widen their multi-cultural resource pool? Read more
Growing Women employees in Indian BPO
Sixty years ago, six young women programmed the ENIAC, the first all-electronic programmable computer that became the basis for todayâ€™s IT revolution. Several years later, Google co-founders Larry Page and Sergey Brin have put a rule in place that the percentage of female engineers at Google would not be allowed to dip below 20%. Call it positive discrimination, but the interview process at Google has been altered to make sure that the company meets the gender quota for women. Read more
Does outsourcing really add value to companies?
In all the din about the benefits of outsourcing, there is very little empirical evidence on how exactly does this model pay. One line of argument is that its not outsourcing per se, but the innovation that a foreign service brings that makes for profitability and intelligent use of resources. This point is very well made in a September 7, 2009 post, Procurement that pays: Foreign outsourcing, innovation, and profit dynamics, on Vox. Read more