‘Worst of anti-BPO wave over’ – The Economic Times
NEW DELHI: The worst of resistance in the US to outsourcing is over , says Senator Larry Pressler, better known in India as the author of the Pressler Amendment that sought, nominally at least, to curb Pakistan’s nuclear programme.
But India actually should recognise him as the author of the US telecom law of 1996 that opened up the sector and brought down costs to a level that has made outsourcing of business processes to a land as far away as India viable.
Sen Pressler is in the Capital, as advisor to a new BPO venture, Summit HR, which targets a $70-billion niche market of temp staffing and human resources management.
Sen Pressler is a member of the Infosys board and also an advisor to Chrysalis Capital and is proud to be a votary of outsourcing and a globalised economy. He will look up his buddy from Oxford days Montek Singh Ahluwaia before proceeding to Bangalore to Infosys.
He asserts that the outcry over outsourcing is all over. In fact, the political noise on the subject during the election campaign only served to raise awareness in US business about the cost-cutting possibilities of outsourcing. He expects a Kerry administration to be slightly less enthusiastic about outsourcing than a Bush one would be,
Without comment. Except to say it’s disgusting. And not reported in US media either.
If I and my counterpart in India can write a software program equally well, why shouldn’t a company hire him because his time costs a fraction of mine. He’s just as smart as me, and worked just as hard at a pretigious university (certainly harder, in fact).
If a company is creating jobs, why shouldn’t they be able to create that job anywhere in the world, if it makes sense to do so? Only by the creation or expansion of their business do they make the job necessary in the first place. Most jobs aren’t _moving_ offshore, new job growth is being directed offshore, closer to the markets they serve.
Fine, close the loop-holes for Benedict Arnold corporations. It’s not going to make a bit of difference, and it shouldn’t, because to do so would be inefficient, and unfair to the other hard working people in the rest of the world.
We’re fucked. Get used to it. All one can do is work harder, smarter, and stay on the cutting edge of your profession, to keep yourself ahead of the curve. Or get an MBA and MAKE YOUR OWN JOB, you whiny bastard. “Ooooh, big mean corporation won’t give me a job. Whaaaah!!” We have no moral right to any job anywhere.
John I have been a long time reader and admirer of your articles and recently found your blog.
So I am curious What is disgusting about this article??
Offshore Outsourcing is ok if you have a clear view of the things. For example India and Romania imports cars, computers, coca-cola, movies, MS Windows and in return they offer work force. See for example ROMsourcing.com , they are renting(!) highly educated operators in a Bucharest office for only $30/day (all expenses included). It is at least a fair deal. Don`t you think!?