The Horizons Tracker

DECEMBER 19, 2019

has the high-skill talent it needs, nor does it have the capacity to train enough people with those skills,” they write. “Without a substantial change in our approach, this deficit of skills in key fields will hinder economic growth.” “We do not believe the U.S. ” Early warning.

Globalization 52

Globalization Offshoring Human Capital Innovation 52

Strategy Driven

OCTOBER 28, 2020

The good news is, you don’t have to do something completely new; you can freelance using the skills you already have. Can you turn that skill into a profit? Then, consider whether you want to locate your company in offshore countries or not, based on your government jurisdiction. What comes easy to you? Get Validation.

Affiliate Marketing 73

Affiliate Marketing How To SWOT Offshoring 73

Harvard Business Review

MARCH 13, 2013

Captive offshore operations centers — company-owned delivery units located in low-cost countries such as India and the Philippines — have come a long way. When asked how satisfied they were with the overall performance of their offshore operations, 83% of them said that they were either satisfied or highly satisfied.

Offshoring 8

Offshoring Cost Benchmarking Operations 8

The Horizons Tracker

NOVEMBER 18, 2019

A new paper from Wharton explores whether excessive immigration restrictions actually force companies to take work elsewhere and offshore to another country entirely. companies to offer temporary employment to highly skilled foreign workers. Collective goals.

Offshoring 57

Offshoring Policies Innovation Organizational Behavior 57

Strategy Driven

JANUARY 28, 2020

In turn, this makes offshoring more efficient. This will prompt them to outsource employees who are technologically-skilled. These tasks include arranging schedules, finalizing meetings, and qualifying clients, among others. The Cloud Effect. As we mentioned earlier, more companies are opening up to cloud services.

Outsourcing 66

Outsourcing Trends Offshoring Telecommunications 66

Strategy Driven

JUNE 5, 2015

There are offshore markets to explore too. Many highly skilled developers can be found in emerging markets such as India, where costs are far lower. 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.

Outsourcing 50

Outsourcing Strategic Planning Offshoring Resources 50

Harvard Business Review

MARCH 26, 2015

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.” Her vision is that if you invest in grooming budding leaders at offshore locations, you can permanently solve your cost and capacity problems in product development.

Offshoring 8

Offshoring CTO Company Engineering 8

Harvard Business Review

JUNE 4, 2015

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.

Technology 8

Technology Offshoring Marketing Health Care 8

N2Growth Blog

NOVEMBER 16, 2010

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? link] Elliot Ross I’m humbled!

Blog 300

Blog Outsourcing Competitive Advantage Innovation 300

Harvard Business Review

DECEMBER 29, 2014

These activities are best performed by people who have analysis/design expertise – individuals with strong creative and problem-solving skills, and project management and collaborative abilities. Such individuals have credibility with top executives, and generally crave creativity and variety in their work.

Offshoring 10

Offshoring Outsourcing Analysis Incentives 10

Harvard Business Review

AUGUST 8, 2013

We estimate that tens of thousands of engineers and scientists working for top innovators are actually located in their offshore technical centers in the BRIC countries (Brazil, Russia, India, and China); these are often called "captive" R&D centers or offshore R&D locations. Offshore Outsourced Product Development.

Engineering 8

Engineering Globalization Innovation Marketing 8

Harvard Business Review

JANUARY 25, 2016

Services offshoring in the early 2000s broadened the attention to services. President Obama’s revival of wage insurance is not about trade or services offshoring as a cause of job loss. Education and training programs remain necessary for workers to gain the skills needed to land high-wage jobs.

Insurance 8

Insurance Offshoring Long-term Policies 8

Harvard Business Review

MAY 14, 2013

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.

Offshoring 8

Offshoring Information Technology Automotive Technology 8

Harvard Business Review

APRIL 2, 2012

Where Sally was a skillful collaborator integrated into her division and providing tailored services, the new low-skilled remote staff advises clients with a semiautomated template of choices. This is a fundamental shift in how professional and managerial work gets done, and you can't merely sharpen your skills to stay competitive.

Marketing 16

Marketing CPA Outsourcing Forrester 16

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. This is a role that cannot be automated, shared as a service, offshored or outsourced.

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.

Supply Chain 15

Supply Chain Offshoring Engineering Pharmaceuticals 15

Harvard Business Review

OCTOBER 30, 2012

Highly structured work that requires lower skills and education — transactional work — is going away in many Western companies, supplanted by automation, outsourcing, and offshoring. They then must help define the support they need and ways to develop their skills. Knowledge work redesign.

Process 15

Process Strategy Offshoring Information Technology 15

Harvard Business Review

DECEMBER 2, 2016

Using traditional human-crafted modeling, the company once employed 35 offshore statisticians to generate 150 propensity models a year. If your company already has some analytical skills, it may be able to do machine learning models by itself. First of all, your analytics experts are going to need some new skills.

Operations 8

Operations Construction Offshoring Learning-by-Doing 8

Harvard Business Review

FEBRUARY 7, 2017

Outside of universities, ongoing learning and skill development is essential to surviving economic and technological disruption. Trends including AI, robotics, and offshoring mean constant shifts in the nature of work. In 2014 a CBRE report estimated that 50% of jobs would be redundant by 2025 due to technological innovation.

Education 8

Education Press Release Offshoring Learning-by-Doing 8

Harvard Business Review

SEPTEMBER 12, 2014

million people with a GDP per capita ranking between Finland’s and Belgium’s (that’s counting offshore oil revenue), could be an economic success. As Skilling tells it, they have designed their economies to be globally competitive. Skilling thinks it is, but the leaders of the “Yes” movement don’t seem to be quite there yet.

Offshoring 8

Offshoring Politics Globalization GDP 8

Harvard Business Review

MARCH 1, 2012

Second, the bigger CMOs tend to have specialized skills and knowledge that can help their partners innovate. By shifting much of their production to Asia, Western companies have also offshored critical aspects of innovation. In photonics, offshoring has sometimes prevented U.S. advantage for years to come.

Contract Manufacturing 9

Contract Manufacturing Offshoring Supply Chain Biotechnology 9

Harvard Business Review

APRIL 29, 2015

Both then and now, in order to implement major new technologies, large numbers of people had to learn new skills and knowledge. But over the next century, weavers improved their skills and mechanics and managers made adaptations and improvements, generating a twenty-fold increase in output per hour.

Technology 8

Technology Learning-by-Doing Skills Offshoring 8

Harvard Business Review

NOVEMBER 23, 2016

Be mindful of the critical skills you need to retain, and the skills you need to build up. Blueprint the broader impact on roles, skills, controls, leadership, workforce and talent management, and social contracts. Sponsored by SAS. Harnessing the power of machine learning and other technologies. Take a full end-to-end view.

Early Adopters 8

Early Adopters Short-term Long-term Compliance 8

Harvard Business Review

OCTOBER 29, 2013

Making autos was a craft, and very few people were skilled enough to put one together. He didn’t do it by making cars shoddier or offshoring production to low-wage countries. Doctors focus their time on diagnosis and the most intricate aspects of surgery, while less-skilled paramedics take care of everything else.

Health Care 8

Health Care Cost Lean Production Offshoring 8

Harvard Business Review

FEBRUARY 24, 2012

It would be unrealistic to imagine a return to low-value-add, low-skill, low-wage production in the commodity industries that employed millions of Americans a century ago. Combine that with the offshoring mania among established manufacturers, and you've got a full-blown crisis. The result has been the loss of millions of U.S.

Finance 10

Finance Due Diligence Contract Manufacturing Supply Chain 10

Harvard Business Review

JUNE 12, 2018

Despite all the efforts encouraging women to study engineering, over 40% of highly skilled women who enter the field end up leaving. The women engineers we interviewed highlighted the importance of being given stretch assignments beyond their existing skill levels. vgajic/Getty Images.

Engineering 10

Engineering Management Offshoring Learning-by-Doing 10

Harvard Business Review

FEBRUARY 2, 2015

” The defining characteristics of companies in this super-sector are a commitment to innovation and a focus on science, technology, engineering and math (STEM) skills in the workforce. Despite the recent slack in the job market, signs still point to a stubborn STEM skills gap. We call this super-sector “advanced industries.”

Industry 8

Industry McKinsey Engineering Innovation 8

Harvard Business Review

JULY 28, 2016

Increasingly, executing that capability will be dependent on a new species of talent with deep technical skills to integrate local realities into products. Because banking has since become a technology business, the future is for entities that offer top-grade personalized banking services to customers, largely driven by low-cost automation.

Banking 8

Banking Industry Disintermediation Offshoring 8

Harvard Business Review

DECEMBER 18, 2013

Instead, the growing peer economy enables people to monetize skills and assets they already have. And job losses have come in two forms: globalization that led to offshoring and technological displacement. Etsy and Shapeways have created handmade and fabrication marketplaces.

Offshoring 8

Offshoring Technology Constraint Transportation 8

Harvard Business Review

JUNE 4, 2014

manufacturer put it: “Overall, the harder the skill required, the closer to home we keep it.”. In the future, many commoditized products will continue to be made offshore. As a corporate strategist at one U.S. Costs are just one component of a more complex equation, but they clearly remain a significant factor. In the U.S.,

Chemicals 8

Chemicals Automotive Supply Chain Offshoring 8

Harvard Business Review

MARCH 6, 2012

These factors include China's rapidly rising labor costs, which we discussed in an earlier HBR blog ; the increased value of the yuan; the challenge of managing long-distance supply chains; the quality control concerns that continue to haunt many manufacturers that have offshored production; and the significantly higher productivity of U.S.

Insourcing 9

Insourcing Supply Chain Offshoring Apparel 9

Harvard Business Review

JUNE 8, 2011

Mere recovery probably won't do much to derail this trend, because the rise of McJobs has deeper causes: offshoring, skills gaps, undereducation, regulatory deficits, our own bottomless appetite for McStuff. Insecurity.

GDP 18

GDP Hypercompetition Offshoring Long-term 18

Harvard Business Review

APRIL 30, 2015

from offshore. In a forthcoming article we will review how in several policy areas — access to capital, skills and the creation of innovation ecosystems — the right policy depends on the type of small business you are trying to help.). corporations and for companies considering moving production back to the U.S.

Supply Chain 8

Supply Chain Rivkin Venture Capitalist Policies 8

Harvard Business Review

MAY 27, 2015

In an economy where traditional manufacturing jobs have gone offshore, and globalization and technology have put pressure on U.S. The Playbook is a policy menu, based around three core needs of small businesses: access to capital; people and skills; and innovation ecosystems. People and skills.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

FEBRUARY 27, 2017

Business leaders can take an active role in shaping the next phase of globalization by looking beyond cost-based offshoring and emphasizing the benefits of trade and technology across a wider geographic and demographic base. But it takes too long for new work skills to become codified and for the education system to deliver them.

Globalization 8

Globalization Supply Chain Human Capital Long-term 8

Harvard Business Review

NOVEMBER 7, 2011

Offshoring manufacturing and design. Very few people have those skills today, so we must train them. In the 1980s, I designed large hard drives the size of washing machines that stored about 1000 MB of data on 14-inch disks. Data storage was very tangible.

Engineering 10

Engineering Crisis Software Offshoring 10

N2Growth Blog

NOVEMBER 23, 2010

I will onshore, offshore, outsource, insource, or execute whatever business strategy I implement without regard for diversity. At least for the first while, while you get them skilled up to where they need to be. Compete on your merits not why your lack thereof should be overlooked. However, it can get quite expensive.

Diversity 305

Diversity Blog Leadership Learning-by-Doing 305