Most companies are not moved nor threatened by the issue on offshoring backlash. According to the business surveys conducted in the United States, Europe, and Australia, most companies who are offshoring still have no plans of pulling out their services from their offshore company partners, despite the clamor that they’ve been having in their own countries.
Most of businessmen even believe that offshore outsourcing is a win-win situation for both countries. While it provides mass employment to the offshore destination, the growth of the businesses in the mother country is also a good contribution to their own economy. In fact most people see offshoring as the most genuine form of free-trade, which is apparently essential in sustaining a country’s economy. It is also another undeniable fact that companies are really greatly concerned with keeping their competitive advantage, and offshore outsourcing is one of the best ways for achieve that. One of the fears of these companies also is if they stop outsourcing, while other countries won’t, then they would effortlessly and quickly lag behind the business competition.
Another positive note that pro-offshoring experts pointed out is that lot of companies that moved a huge part of their functions offshore also experienced lesser occurrence of lying off their in-house employees, something that is completely beneficial for their company reputation and own society, as well. It should also be noted that most of the tasks being outsourced are those that typical tasks that their own people are not willing to perform dedicatedly, as they may find it too repetitive and boring.
Generally, any economists would still say that outsourcing entails nothing but economic progress as it allows huge business to be properly established, cut costs, but continue to provide even higher quality products because of the huge savings they earn from outsourcing. Many people believe that the issue on offshore backlash is just a product of public misunderstanding.
With issues like this, opinions are very much appreciated and will help outsourcing clients weigh their options better. So, how about you?
What do you think about offshore outsourcing?
What are its impacts to your own country?