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Outsourcing has become a major player in the business name. And despite the anti-outsourcing rhetorie, businesses must remain profitable in today'shighly competitive global economic environment. So, why do companies outsource?
1. Outsourcing is an economic savior for many corporations.
2. Corporate policy and boardroom debate supports outsourcing.
3. Students overseas are highly skilled and technologically literate.
Those firms that expand their lineups into other countries are reaping rewards and meeting the bottom-line goals. Outsourcing allows American companies to streamline and remain profitable. But the questions remain: Can companies outsouree without shifting their whole future abroad? Is outsourcing a viable option for your organi/ation? First, consider the different sides of the discussion.
The Debate
CNN's lyou Dobbs identified over 300 American corporations that ontsouree to remain profitable in today's global economies. Forrester Research predicts 3.3 million jobs will be outsoureed across the next 15 years. The number of "outsoureed" jobs increased from 6.5 million in 1983 to over 10 million total jobs today.
Opponents of outsourcing see it as a new type of homeland "insecurity" that harms America through the loss of jobs. The shift of traditionally white collar technology to blue collar work has sounded alarms with American voters, as outsourcing was one of the most hotly debated issues.
Proponents of outsourcing call this practice "globalization." Rationally speaking, protectionism would harm America even more than a global economy because one benefit outsourcing includes is "insoureing." Just as U.S. firms outsource positions, foreign firms outsouree positions to the United States. Foreign automobile manufacturers, for example, can't overlook the fact that the United States is their world's largest consumer. Therefore, many jobs will remain or be created within...