If the current trend will continue, outsourcing industry will have a great future. But the management challenges will grow more urgent as rising global salaries dissipate the easy cost gains from offshore outsourcing. The winning companies of the future will be those most adept at leveraging global talent to transform themselves and their industries, creating better jobs for everyone. Offshore outsourcing eventually leads to the creation of jobs in the United States?? Conclusion Offshore outsourcing in the IT industry seems to be the next step in globalization. It will benefit the U.S. economy by ultimately creating jobs, and it benefits the economies of the countries of the workers by stimulating growth. This is little comfort to displaced U.S. workers now, just as in times past when the automotive and steel industries went through a similar process. Analysts today say our economy is on the upswing, and that by pulling out of the recession the job market will improve somewhat in the very near future. But the IT jobs lost will not return. New ones may be created, and they will require training and knowledge. The IT industry has changed rapidly even over the last ten years.
If the current trend will continue, outsourcing industry will have a great future. But the management challenges will grow more urgent as rising global salaries dissipate the easy cost gains from offshore outsourcing. The winning companies of the future will be those most adept at leveraging global talent to transform themselves and their industries, creating better jobs for everyone. Offshore outsourcing eventually leads to the creation of jobs in the United States?? Conclusion Offshore outsourcing in the IT industry seems to be the next step in globalization. It will benefit the U.S. economy by ultimately creating jobs, and it benefits the economies of the countries of the workers by stimulating growth. This is little comfort to displaced U.S. workers now, just as in times past when the automotive and steel industries went through a similar process. Analysts today say our economy is on the upswing, and that by pulling out of the recession the job market will improve somewhat in the very near future. But the IT jobs lost will not return. New ones may be created, and they will require training and knowledge. The IT industry has changed rapidly even over the last ten years.