Surviving Outsourcing Career Connections

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Brief overview of how to survive outsourcing for the unemployed

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Surviving Outsourcing Career Connections

  1. 1. Surviving Outsourcing <ul><li>The world economy: very “flat” and very “small” </li></ul><ul><li>Interconnected economies </li></ul><ul><li>History of manufacturing outsourcing: steel, textiles, etc. </li></ul><ul><li>USA white collar job impact – why? </li></ul><ul><li>Technology impact: </li></ul><ul><ul><li>Internet, VOIP, Citrix GoToMeeting, collaborative software </li></ul></ul><ul><li>Southeast Asian economies: the trend </li></ul><ul><ul><li>GDP growth much higher than USA: India, China, Vietnam, etc. </li></ul></ul><ul><ul><li>Rural to urban expansion: “wave” of first time college degrees </li></ul></ul><ul><ul><li>Cost of living comparison </li></ul></ul>Surviving Outsourcing - Career Connections - Jim Hill - talljim0155@yahoo.com 214-684-9356
  2. 2. Surviving Outsourcing <ul><li>What is outsourced and why? </li></ul><ul><ul><li>USA cost of labor </li></ul></ul><ul><ul><li>Global competition for products and services </li></ul></ul><ul><li>What is the outsourcing conceptual model? </li></ul>Surviving Outsourcing - Career Connections - Jim Hill - talljim0155@yahoo.com 214-684-9356 <ul><ul><li>“ Any job that has a highly standardized skill set </li></ul></ul><ul><ul><li>and has no geographical or cultural variance whether service or manufacturing.” </li></ul></ul>
  3. 3. Surviving Outsourcing <ul><li>The key outsourcing equation: </li></ul><ul><ul><li>Optimize process efficiency: reduce fixed overhead costs </li></ul></ul><ul><ul><li>Standardization = </li></ul></ul><ul><ul><li>Automation = </li></ul></ul><ul><ul><li>Efficiency = </li></ul></ul><ul><ul><li>Lower costs = </li></ul></ul><ul><ul><li>Higher profits = </li></ul></ul><ul><ul><li>Economic survival </li></ul></ul>Surviving Outsourcing - Career Connections - Jim Hill - talljim0155@yahoo.com 214-684-9356
  4. 4. Surviving Outsourcing <ul><li>What are the key outsourced white collar jobs? </li></ul><ul><ul><li>Software development, programming, project management: any IT </li></ul></ul><ul><ul><li>Accounting: payroll, cost, T & E </li></ul></ul><ul><ul><li>Human resources: hiring, LinkedIn internationally </li></ul></ul><ul><ul><li>Graphic arts, illustration, advertising </li></ul></ul><ul><ul><li>Medical transcription </li></ul></ul><ul><ul><li>Insurance coding </li></ul></ul><ul><ul><li>Paralegal, litigation support: business law </li></ul></ul><ul><ul><li>Radiology </li></ul></ul><ul><ul><li>Customer support, service </li></ul></ul><ul><ul><li>All publishing or “content” creation: journals, books, magazines, newspapers, documentation, mortgage processing, legal depositions </li></ul></ul><ul><ul><ul><li>All standardized skill sets regardless of geography </li></ul></ul></ul>Surviving Outsourcing - Career Connections - Jim Hill - talljim0155@yahoo.com 214-684-9356
  5. 5. Surviving Outsourcing <ul><li>How am I positioned in an outsourced world? </li></ul><ul><ul><li>Know the outsourcing trend in your industry, company </li></ul></ul><ul><ul><ul><li>Rethink who you are competing with: Shanghai, Mumbai, Hanoi, Manila </li></ul></ul></ul><ul><ul><ul><li>Understand fundamentals of world economics </li></ul></ul></ul><ul><ul><ul><li>Friedman, The World is Flat ; Zacharia, The Post American World, </li></ul></ul></ul><ul><ul><ul><li>Ferguson, Colossus : The Rise and Fall of the American Empire </li></ul></ul></ul><ul><ul><li>“ Examine thyself:” What is my “efficiency” branding ? </li></ul></ul><ul><ul><li>What outsourcing role could I play in my job, industry? </li></ul></ul><ul><ul><ul><li>See attached Russell Metcalf interview </li></ul></ul></ul><ul><ul><li>International experience: learn a new language </li></ul></ul><ul><ul><li>Advocate process efficiency : understand business process modeling </li></ul></ul><ul><ul><li>Become an exceptional communicator: writing, speaking </li></ul></ul><ul><ul><li>“ Big picture” critical thinker about business process problem solving </li></ul></ul>Surviving Outsourcing - Career Connections - Jim Hill - talljim0155@yahoo.com 214-684-9356
  6. 6. Surviving Outsourcing <ul><li>Outsourcing: Memorable Quotes : </li></ul><ul><li>‘ . . . At companies with revenues of at least $5 Billion, as many as one quarter of IT jobs will be moved offshore by 2010. ” Computerworld - May 2009 </li></ul><ul><li>“ The $50 billion a year offshore outsourcing business was growing at a 29% annual rate until the credit crisis hit last fall, said Rod Bourgeois, a technology service specialist at Standford C. Bernstein & Company. But he now forecasts growth in 2009 to be about 10%. ” New York Times - January 2009 </li></ul><ul><li>“ More Indians have moved out of poverty in the last decade than in the preceding fifty years .” Zakaria The Post American World </li></ul><ul><li>“ More Indians have moved out of poverty in the last decade than in the preceding fifty years.” Zakaria The Post American World </li></ul>Surviving Outsourcing - Career Connections - Jim Hill - talljim0155@yahoo.com 214-684-9356

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