In an article on outsourcing-led innovation on InnovationManagement, Sanjain Gossin explains how one goes about driving innovation while outsourcing. Read more
Written by Jacob Cherian · Filed Under Outsource Blogs | Leave a Comment
Outsourcing started in the early 90’s as a revolutionary phenomenon of sending unskilled work from developed countries to developing countries and is now transformed into globalization. Globalization fundamentally changed the structure of business, consumers, and the political landscape that revolves around us. Goldman Sachs predicts that the Chinese economy will overtake the American economy by 2020 and Indian economy will overtake the American economy by 2043(see graph below). Whether China and India can overtake the United States might be a different matter, but it is a fact that both countries are growing faster than the US. Read more
Written by Mani Malarvannan · Filed Under Articles | 2 Comments
In today’s economy, everything is considered outsourceable – including research and development (R&D) and innovation itself. However, the outsourcing of R&D or innovation itself is not actually a new idea or trend. Businessweek noted back in a lengthy 2005 article that businesses were already farming out R&D to cut costs and that companies like Cellon, Flextronics, HTC, Quanta Computer, Premier Imaging, Compal Electronics and Wipro Technologies, while not household names, were fast emerging as leading R&D innovators and designers producing products that end up on retail shelves under the brand names of well known companies. In fact, Businessweek pointed out that during that year’s 3GSM World Congress in Cannes where Motorola, Royal Philips Electronics, palmOne and Samsung all had banners prominently fluttering from the masts of yachts in the harbor along with huge display booths in the convention center itself, Flextronics and Cellon International choose to discreetly display their latest advanced gadgets behind closed doors – to steady streams of executives and visitors from brand name companies. Read more
Written by JohnU · Filed Under Outsource Blogs | 4 Comments
A New York Times article recently made an interesting observation: While American and European workers worry about their jobs being outsourced to India, Indians are worried that their country will be more like “Scranton PA” rather than “Silicon Valley.” In other words they worry over the fact that while India has achieved phenomenal success in becoming the world’s back office, it has not quickly moved up the value chain into more lucrative work. So why hasn’t India itself produced an Apple, Google or Microsoft and can India actually innovate? Read more
Written by JohnU · Filed Under Outsource Blogs | 12 Comments
A report from the Center for Research in Innovation and Competition in the University of Manchester concludes, “Firms, even large multinational corporations, can no longer expect to be totally dependent on their in-house research and technology resources to maintain innovative performance.” Read more
Written by Radhika · Filed Under Outsource Blogs | Leave a Comment
Over the past year, the deteriorating US economy combined with anti-immigration politics has hit the H-1B visa program – a critical source of talent and innovation for both Silicon Valley and Wall Street alike. In fact, the Wall Street Journal recently reported that the program has plenty of spaces left to be filled as only 46,700 petitions have been filed as of September 25. In sharp contrast, it took only one day to fill up all 65,000 slots for 2009 – just before the recession began to bite. The Wall Street Journal also noted that in 2008, 44% of approved petitions were for foreigners who work as systems analysts or programmers while the second largest category consisted of professionals who work in universities. Furthermore, it was also noted that Indians accounted for approximately half of all H-1B visa holders. Read more
Written by JohnU · Filed Under Outsource Blogs | 1 Comment
Imagine a $1 billion international jewellery retailer, who cuts and polishes his diamonds in China, gets them designed in Italy and hawks them on the high streets of US, while he overseas this whole operation from his Prasad Chambers Opera House office in Mumbai, India! Read more
Written by Radhika · Filed Under Shared Services Blogs | 4 Comments
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