Free from 9 to 5 Chronicles of people and ideas to inspire and achieve freedom from a 9 to 5 job

Shortsighted corporations off-shoring

Not only are individual Americans not prepared to compete globally (see last post), corporations who are off-shoring are also ill-prepared for globalization. This article exposes the short term thinking of corporations engaged in off-shoring. All off-shoring accomplishes is lower short term labor costs (and increase profit for the next X quarters), but does nothing in terms of strategy and future positioning. In fact, off-shoring may be the wrong strategic move. American corporations are essentially training a foreign workforce that, in a few years, will attain the required skills to compete against them. But corporations have become infamous for their short term drive to meet Wall Street numbers, so I wouldn’t expect any change in their “strategy”. So what can we, not being corporate drones, do to put ourselves in a position to take advantage of corporate non-action in this area? I don’t have the answers, but hoping someone smarter than me does.