The Seesaw Effect of Outsourcing

Outsourcing is a very controversial marketing step taken by many companies. This practice is aimed to create a cost efficient and high quality output; basically outsourcing is a process where a certain task is distributed to an experts to save time, effort and money.  Today, outsourcing has walked a long way; from the conventional outsourced manufacturing jobs, to Internet based tasks.  Outsourcing, a solid evidence of globalization has taken businesses to a whole new level of trade and commerce.  As beneficial it may seem for businesses; it also has its share of short comings and lapses, which contributes greatly to the global economy as a whole.



Up with one side, Down with the other

The young population of America today are labelled as "Generation Jobless" according to a journal article by wall street in November. On the other side of the globe though, the demands for the talent of young individuals has reached beyond the country's capacity.  In fact, due to the dire need of qualified young individuals, the demand has forced numerous young professionals to take on management roles.  This industry needs manpower so much that it turned inexperience individuals into expert managers. 

Aside from that, the education system in the US which is deteriorating lately has strengthen the advantage of the Philippines over the patron nation.  As their system fails to educate their population properly, the lesser chances will their people for the jobs that the Philippines is proven to be good at (IT industry perhaps?). 

Where the balance happens

Though there are more downside for the United States ‘s population than its good; its huge impact in the business industry and economy as a whole is massive and has managed to keep small and big corporations in the nation survive the economic storm.

Outsourcing also managed to make United States macro and micro businesses become competitive enough to take on the global market.  In fact, aside from monetary reason, this is among the primary reasons why countries prefer outsourcing their core tasks to certain destinations. The Philippines for example is a land of IT experts; the vast number of experts in the Philippine population can basically run any IT projects with ease at any given time. Where as if  those tasks are done within US jurisdiction, it would be harder for IT companies to hire an army of IT experts since the US population does not house as many IT experts as it is in the Philippines.

The whole outsourcing scheme also paved way for Information Technology to expand its scope.  The vast information library of yesterday has now turned into  an all in one communication / multimedia tool.  This allowed a revolutionary way people do business today.