Harvard Business Review

JANUARY 12, 2011

Over the last decade, offshore manufacturing seemed like a no-brainer. Cheap, plentiful labor was readily available in developing countries like China, India, Mexico and Eastern Europe. dollar, rising fuel costs and the risks inherent in longer supply chains have many companies rethinking their sourcing strategies.

Offshoring 15

Offshoring Supply Chain Outsourcing Cost 15

Strategy Driven

JUNE 5, 2015

There are financial factors too, and your operational costs may be lower when outsourcing. The investment required to find, employ, and train staff to do so often outweighs that of the one-off cost you would pay a freelancer or a small web developer company. There are offshore markets to explore too.

Outsourcing 50

Outsourcing Strategic Planning Offshoring Resources 50

Harvard Business Review

MARCH 26, 2015

To find out, we developed a measure and coined the term Global Engineering Intensity (GEI) as the ratio of the headcount of R&D staff in India plus China to a company’s current annual R&D expense. The quest to cut costs per engineer drives new entrants into using engineering and R&D resources from India and China.

Offshoring 8

Offshoring CTO Company Engineering 8

N2Growth Blog

NOVEMBER 23, 2010

I will onshore, offshore, outsource, insource, or execute whatever business strategy I implement without regard for diversity. This is a leadership issue in which diversity, and the awareness of it, will play a key role in the development of future leaders. Compete on your merits not why your lack thereof should be overlooked.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

JUNE 8, 2015

Identifying the early onset of abnormal operating conditions minimizes disruption and avoids unnecessary periods of down time that often result in lost production or increased costs. It also means that experts can be consulted remotely from anywhere around the world, as required.

Efficiency 8

Efficiency Offshoring System Operations 8

Harvard Business Review

APRIL 2, 2012

She was a training manager for a large corporation, advising middle and senior managers on career development. Located at the home office, she developed long-term relationship with her clients. As a result, many companies cut costs in those areas, just as they outsourced manufacturing decades ago.

Marketing 15

Marketing CPA Outsourcing Forrester 15

Harvard Business Review

DECEMBER 29, 2014

” Forty years later, the concept of sales operations or “sales ops” has become widely accepted as essential for effective sales management. •Manage sales force automation and CRM systems and processes. •Administer quarterly sales incentive compensation plans and the goal setting process.

Offshoring 8

Offshoring Outsourcing Analysis Incentives 8

Harvard Business Review

DECEMBER 21, 2011

Adding legitimacy to this skepticism are new technologies that enable automation of routine transactions, offshoring and shared service organizations that specialize in managing many tactical elements of HR. Within the first year of our effort net sales increased 27 percent while fixed costs were reduced by 40 percent.

Offshoring 14

Offshoring Fixed Costs Outsourcing Construction 14

Harvard Business Review

FEBRUARY 21, 2012

That is because advanced manufacturing provides an important institutional foundation for learning and developing process skills and capabilities that are increasingly intertwined with core R&D in some of the industries most important to the country's economic future. When R&D and Manufacturing Must Be Near. to Asia.

Supply Chain 14

Supply Chain Offshoring Engineering Pharmaceuticals 14

Harvard Business Review

MAY 14, 2013

For some time now, it has been obvious that these companies will have to go beyond the offshoring model that served them well in the past and develop innovative new ones. Moreover, governments, concerned about job-creation, data-security, and user-privacy, are challenging the offshoring model.

Offshoring 8

Offshoring Information Technology Automotive Technology 8

Harvard Business Review

JUNE 13, 2018

What sets RPA apart from other automation technologies is that its ability to imitate a human user of one or more information systems reduces development time and extends the range of functions that can be automated across a much wider range of business activities. RPA-based process design can restore some useful steps at little cost.

Process 9

Process Six Sigma Company Technology 9

Harvard Business Review

MAY 21, 2013

The death of over 800 people in the collapse of Rana Plaza , a building with garment factories in Bangladesh, spurred widespread outrage over working conditions in offshore factories. Non-governmental organizations have calculated that it would cost about $600 million per year to bring all Bangladeshi factories up to Western standards.

Business Model 8

Business Model Supply Chain Compliance Disaggregation 8

Harvard Business Review

NOVEMBER 23, 2016

But companies will only be able to realize productivity gains from these new operating models if they skillfully manage the soft side of their automation transformation—the people in what will be a vastly different organization. As you prepare for the inflection point, be pragmatic about cost-benefit tradeoffs.

Early Adopters 8

Early Adopters Short-term Long-term Compliance 8

N2Growth Blog

OCTOBER 6, 2010

Leaders get too caught up in trivial things and don’t pay enough attention to leadership development. The lack of leadership development in most organizations is tragic. Fear is dead as a management tool. Following are a few of the thoughts David shared in closing out Day 1: Start-ups begin here, but are scaling offshore.

Blog 360

Blog Brand Media Influence 360

Harvard Business Review

FEBRUARY 22, 2016

But in my research, and in conversations with hardware entrepreneurs throughout the country, I have noticed several developments that have put manufacturing start-up activity on a faster, more commercial track. .” The rise of hardware startups still has the feel of an insurgency. Such an age could be beneficial for the U.S.

Entrepreneur 8

Entrepreneur Contract Manufacturing Incubator Venture Capitalist 8

Harvard Business Review

NOVEMBER 7, 2011

For example, if engineers don't possess the know-how needed to limit the material and energy cost of setting up and operating cloud services, IT can't scale as it needs to. Offshoring manufacturing and design. to lower-cost geographies, but the design work continued in the U.S. Data storage was very tangible.

Engineering 10

Engineering Crisis Software Offshoring 10

Harvard Business Review

JUNE 23, 2015

Tech titans such as Google and Amazon are working to connect more and more types of objects to the web by offering mobile interfaces for managing just about anything. SKF now provides 45 different iPad apps so managers can monitor the maintenance, speed, and reliability of up to 8,000 kinds of smart objects. That lag poses dangers.

Industry 8

Industry System Business Model B2C 8

Harvard Business Review

JULY 15, 2013

has been trumpeted as a major reversal of the trend of sending jobs abroad to lower cost locations, and has been characterized in the press as a kind of " onshoring " story. In the early 2000s, as part of a huge offshoring trend in the business economy, GE shifted manufacturing to suppliers such as Samsung and LG.

Insourcing 8

Insourcing Operations Offshoring Engineering 8

Harvard Business Review

FEBRUARY 27, 2017

In the developed world, we enjoy better medicines, connectivity, and mobility than most of us could have imagined even 20 years ago. While the last wave of globalization centered on accessing foreign markets and creating low-cost global supply chains, the next wave could follow a very different pattern. These are the seven areas: 1.

Globalization 8

Globalization Supply Chain Human Capital Long-term 8

Strategy Driven

DECEMBER 15, 2017

The first reason that many companies decide to outsourcing is that the operational and labour costs are much cheaper than hiring an employee into the business. They can also look into developing the business in new areas and grow the business from there. If you are wondering why so many companies choose to outsource, look no further.

Outsourcing 69

Outsourcing Offshoring Content Engineering 69

Harvard Business Review

MAY 12, 2014

In developed economies, they have even sparked a trend toward the return of jobs from overseas, or “botsourcing.” In each of these cases, the combination of advances in robotics and automation and rising wages in developing countries has upended the promise of cost reductions through outsourcing. Technology'

Offshoring 8

Offshoring Outsourcing Technology Short-term 8

Harvard Business Review

OCTOBER 23, 2018

by looking back to the original offshoring frenzy which started with consumer electronics in the 1960s. companies were deciding to move R&D to China to be closer to manufacturers, suppliers, and talent as well as to reap lower development costs and higher-growth markets. We can trace how this happened in the U.S.

Innovation 8

Innovation Offshoring Engineering Automotive 8

Harvard Business Review

MAY 1, 2017

The global financial crisis prompted many companies to pull in their horns, hoard cash, trim costs, and take a wary view of large investments. Capital superabundance, combined with tepid economic growth, has produced historically low capital costs for most large companies. But when capital costs are low, the time value of money is low.

ROE 10

ROE Long-term GDP Six Sigma 10

Harvard Business Review

NOVEMBER 10, 2017

Look no further than the recent protests against the completion of the Keystone and the Dakota Access pipelines , or the opposition that stopped the development of the Cape Wind Associates’ offshore wind farm in Nantucket Sound. Conflicts like these with local communities are not only divisive, they are expensive.

Company 8

Company Supply Chain Real Estate Stakeholder Analysis 8

Harvard Business Review

JUNE 2, 2017

In oil and gas, underwater robots fix gas pipelines off the coast and drones inspect offshore oil rigs. How producers manage the resources they have is far more important than how much they have. In this new commodity landscape, incumbents and attackers will race to develop viable business models, and not everyone will win.

Technology 8

Technology Resources Industry Energy 8

HR Digest

JULY 22, 2019

Robotic loaders and remotely-controlled trucks are significantly reducing operational costs in the mining sector. Automation in Maritime industry is turning crew members into system managers. The US mining company is also using other mining automated technologies to lower production cost for an ounce of gold to US$700.

Industry 87

Industry Operations Transportation Technology 87

Harvard Business Review

MARCH 6, 2017

See More Videos > See More Videos > For individuals, younger workers see a flatter world and prioritize international experiences and mobility for career development. Their internal tax team researches the applicable national and local taxes, social security payments, and family allowances to develop representative tax models.

Metrics 11

Metrics Comparison Globalization Cost 11

Harvard Business Review

DECEMBER 20, 2016

It’s not yet clear what Trump’s election means for issues that impact companies’ efforts to manage environmental and social issues. the Obama administration started to incorporate the “social cost of carbon” in decision-making and the Pentagon made climate change a military priority. In the U.S.,

Energy 8

Energy Banking Chemicals Globalization 8

Harvard Business Review

APRIL 19, 2017

Rather than being undercut by new, lower-cost competitors in rapidly developing economies, such as China and India, companies have globalized their supply chains or offshored their production. Effective risk management requires business leaders to attend to these nonmarket threats and to develop nonmarket strategies.

Politics 8

Politics Supply Chain Offshoring Globalization 8