Thursday, June 26, 2008

Why Outsourcing Has Become An Unavoidable Necessity

Over the last few years, outsourcing has been one of the most debated topics worldwide. With outsourcing resulting in the transfer of jobs from our country to low-cost service hubs located in developing countries, it's only natural for the general populace to voice their concerns against this entire business of outsourcing. We might be right in our own unique way, but until we look at the bigger picture, we will never be able to reach a definitive conclusion. When we do so, it will become quite clear that outsourcing has become an unavoidable necessity for US based businesses.

That's because competition from European, South American and South East Asian countries is increasing continuously, making it difficult for U.S.-based businesses to sustain their successful run that has continued unabated for decades since the industrial revolution. Outsourcing helps since it reduces operational costs, increases efficiency, and improves quality, critical benefits that tilt the balance in favor of U.S. -based businesses. Some of our friends and associates might have lost their jobs, but even then we should not blindly accuse outsourcing because ultimately the success of U.S.-based businesses in today's Globalized world depends on it. It's successful businesses that drive our economy and we need to embrace everything that helps keep the engines going.