Is outsourcing un-American?
I can’t tell you how often I have been told that I am being “un-American” for advocating outsourcing as a means of dramatically increasing productivity and profitability. I advocate this, in particular, for American entrepreneurs and small business owners. So, going into 2008, I would like to set the record straight (look for my rap album to hit stores near you soon).
I have been charged with several counts of being “un-American”:
Count 1: Helping American business owners become more competitive on a national and global scale
Count 2: Bridging the information and cultural gap between the U.S. and rising global economic powers
Count 3: Encouraging American small businesses to outsource to American freelance service providers as well as to foreign companies
Count 4: Showing Amercian small businesses how to hire moreAmerican workers by utilizing outsourcing
Count 5: Helping American small business owners and entrepreneurs to spend more time with their families and enjoy life more
To all of the above counts on the charge of being “Un-American” - I plead GUILTY AS CHARGED.
There it is. I had admitted my guilt in helping American businesses and doing my part to ensure that America continues to be a global economic power to that future generations of Americans can live progressively higher standards of living (I do want my kids to be better off than me - guilty again).
Now, let’s start 2008 off on the right foot…by being thankful that America is one of the best places to do business and, that 2008 is the best year in the history of mankind to be in business.
To all of my readers: I pledge to bring you more thought provoking and hard-hitting information than ever before in 2008. So, strap yourselves in…it’s going to be a wild ride!
TUESDAY TOP 5: 5 COUNTRIES THAT NEED TO BE ON YOUR BUSINESS MAP
There has been and continues to be a lot of press about the large and well known countries that are international powerhouses for outsourcing and offshoring.
Here is a brief overview of a few of the well known current outsourcing giants:
India - well known for IT service outsourcing and business process outsourcing
China - well known for manufacturing outsourcing and textile manufacturing
Taiwan - well known for contract electronics manufacturing outsourcing
What you need to know, as a business owner or professional operating today, is that there are some up and coming emerging market countries that are making waves on the global business scene and will likely become household names and represent great opportunities to do business with and to do business in, in the near future.
According to a 2006 report by Frost and Sullivan, the global market for shared services and outsourcing is expected to grow to $1.43 trillion by the end of 2009, from $930 billion in 2006.
For this week’s “Top 5″, I am going to cover the top 5 countries that need to be on your business map for 2008 and beyond.
1. Vietnam- We were once fighting in their jungles, now we are doing increasing business with this southeast Asian country. Currently undergoing economic reforms, 60% of the workforce in Vietnam is under 30 years old. They are slowly throwing away the shackles of communism and moving toward capitalist markets. Opportunities are ripe here.
2. Estonia- Estonia is the home Skype, and other web 2.0 companies that are impacting the world. With a highly touted modernized infrastructure, Estonia is quickly moving up the international economic food chain.
3. Pakistan- Pakistan has a 90,000 + IT workforce and recent ISO certification. Opportunity is high in this nation, for IT and manufacturing. Security risks are high as well, as recent events demonstrate.
4. Uruguay - This small South American country has burgeoning free trade zone and strong education system. Watch for more things to come here.
5. Latvia - Right next to Estonia, Latvia is fast becoming an IT bastion for Sweden, Finland and Norway, among other countries.
Very soon, you might find yourself doing business with companies in these countries, either providing services to businesses there or partnering with them for services provided to you business.
In a world of constant change, keep abreast of what is going on globally. Be careful not to catch Boiling Frog Syndrome, defined as follows:
“If you throw a frog into a pot of boiling water, it will jump out. But, if you place a frog into a pot of lukewarm water a slowly turn up the heat, it will boil to death.”
I fully expect to get some angry comments from PETA members. However, the ‘boiling frog’ illustrates that we must make ourselves constantly aware of gradual changes. You can take that to the bank!