Remove Innovation Remove Offshoring Remove Operations Remove Skills
article thumbnail

The Downside of Best Practices | N2Growth Blog

N2Growth Blog

Moreover if they decide to develop the application should this be done internally with existing staff, or outsourced, and if outsourced will it be done domestically or offshore and who will manage the process. Oh, and what about development methodology? And what are your strategic goals?

Blog 334
article thumbnail

Emerging-Market Engineers Power Global Innovation

Harvard Business Review

Recently, Thomson-Reuters published its latest list of the Top 100 Global Innovators honoring the leading organizations and companies most responsible for sizeable, influential patents worldwide. First, many of the Top Innovators employ engineers in emerging countries such as India and China. Here are three main reasons why.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Which U.S. Companies Are Doing the Most R&D in China and India?

Harvard Business Review

Starting a global engineering operation “essentially doubles the expense for 6-12 months,” says former Informatica CTO, James Markarian. says that making short term cost-reduction the sole focus can’t be a long term strategy: “One must find the right balance between talent and skill versus cost.”

article thumbnail

The U.S. Can’t Count on Technology to Revive the Job Market

Harvard Business Review

I and others believe that the recession may have precipitated or accelerated certain long-term changes in employment patterns that will mean slower job creation, lower total returns to labor, higher skill requirements, and issues with income inequality. Many were due to increased imports and offshoring to low-cost locations.

article thumbnail

Why Can’t U.S. Health Care Costs Be Cut in Half?

Harvard Business Review

Making autos was a craft, and very few people were skilled enough to put one together. Enter Henry Ford, who revolutionized the industry with his manufacturing innovations , lowering the price of cars from $2,000 in 1908 to just $260 by 1925 — an 87% reduction! But the most innovative Indian hospitals are doing much more.

article thumbnail

A Visa for Transformation

Harvard Business Review

senators — seeks to increase the number of visas that the US government can grant highly-skilled workers (aka H1B visas), from 65,000 to around 110,000 a year, it is likely to constraint non-American companies operating in the US. India''s hi-tech giants clearly need to reinvent themselves.

article thumbnail

Prepare Your Workforce for the Automation Age

Harvard Business Review

The internet has dramatically changed the way companies operate. Today, innovations in digitization and robotization are quickly laying the foundation for another disruptive corporate transformation. Be mindful of the critical skills you need to retain, and the skills you need to build up. Sponsored by SAS.