Offshore Outsourcing

2542 Words6 Pages

INTRODUCTION 3

THE HISTORY OF OUTSOURCING 4

HOW IS IT POSSIBLE? 6

WHY DO WE OUTSOURCE 10

WHO ARE WE OUTSOURCING 12

THE FUTURE OF OFFSHORE OUTSOURCING 13

CONCLUSION 16

BIBLIOGRAPHY 17

Introduction

Offshore outsourcing is not a new practice in the United States. Offshore outsourcing of information technologies services, however, is relatively new to our nation. It is a hot issue in political debates, with this being an election year. Job loss and job creation in the United States is on the platforms of leading candidates. Economists are projecting that the offshore outsourcing of certain types of jobs will in fact create jobs here at home, ultimately benefiting the labor force and our economy. While there is not significant statistical data yet to support this theory, if one looks to the history of outsourcing as a whole, it does not seem an impossibility. But why are we outsourcing these jobs? What are the factors that have brought us to this place in the labor market? What caused employers to look to other countries for employees?

The purpose of this short study is to consider these questions and provide some thoughts as to where we are now, how we got here, and where we are headed with offshore outsourcing of information technology jobs.

The History of Outsourcing

Outsourcing is the process of subcontracting services and operations to other firms that can provide them more cheaply or better . Companies outsource tasks, projects, and sometimes even entire operations. Offshore outsourcing, then, would be outsourcing to firms in other countries. This practice is not new, just as the loss of jobs here in the Untied States to other countries is not new. The automobile industry and the steel production industry were hit by outsourcing long ago , as factories were built in other countries and manufacturers hired workers at lower wages to produce parts and products. And even before this, workers actually lost “skilled jobs to low-wage foreign competition” as long ago as the Industrial Revolution . In the 1800s British skilled weavers were protected by the gov...

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...eet Journal Online March 11, 2004 http://online.wsj.com/article_print/0,,SB107895848171851814,00.htm April 1, 2004, 1.

Evans, Bob “Business Technology: Offshore Outsourcing: A Means to an End” July 28,2003, http://www.informationweek.com/story/showArticle.jhtml?articleID=12803181 , 1.

David Gardner, “Report: Global Outsourcing Helps software and Services Industry” March 30, 2004. http://www.informationweek.com/story/showArticle.jhtml?articleID=18600301 , 1.

Griffin, Ricky W. Fundamentals of Management: Core concepts and Applications (Boston and New York: 2003), 440.

Hagerty James R. and Jon E. Hilsenrath, “Job Growth Falls Short of Estimates” The Wall Street Journal, March 8, 2004, A2.

Kotler, Philip Kotler on Marketing (New York: The Free Press, 1999), 3.

Mehlman, Bruce P. “Offshore Outsourcing and the Future of American Competitiveness” www.technology.gov/Speeches/BPM_2003-Outsourcing.pdf, 3.

Joanna Slater, “India’s Economy Grows 10.4%, Outpacing China’s” The Wall Street Journal, April 1, 2004, B4.

Brink Lindsey, “Job Losses and Trade: A Reality Check” Trade Briefing Paper No. 19, 8. The CATO Institute, http://www.freetrade.org/pubs/briefs/tbp-019es.html

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