Analytical Diaries

I fully believe in the paradigm that off shoring helps this world to become a better place. Over time I’d agree, and way too slow for us to be satisfied, I’d agree as well. But here’s my 5p’s why I still think we’re heading the right way:

• Education matters – for all the people and raising economies out there it’s a clear sign that education helps to become more prosperous and earn a better living.
• Getting even – while the outlook might be bleaker for some of us Westerners reaching a more level playing field in terms of jobs, opportunity and wealth distribution seems to me a good thing. Everybody just has to keep up its act – but we are still very privileged with the baseline we are starting from.
• Flexibility is a must – while it still may be about labor arbitrage for some firms, off shoring is becoming more and more a required capability for many companies to be able to grow and maintain their profitability. Getting skills not available in your home market and becoming more flexible with economic up- and down-swings is getting even more crucial than shaving some dollars (Euros, Swiss Francs, Yen) off your payroll cost base.
• Aspirations grow – almost all off shore service providers aim at reaching up the value chain and moving from plain headcount providers to service and solution partners. This will increase the pressure to innovate on both ends of the off shoring deal.
• The facts compute – when you track the world stats on google analytics project on population growth and education and medical progress you can clearly see, that things have changed. While there’s still too much hunger and poverty in the world there has also been great progress in Africa, India, Asia and South America. In many countries a four person middle class household has become the norm not the exception.

I’d like to collect some success stories off your successful off shoring experience. Be they along the overall betterment path mentioned above or be they about organizational success in transforming on shore work to off shore opportunities. Give us your story and we’ll use it in our upcoming Hub session on ethical off-shoring.