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GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES

Year 2007, Volume: 9 Issue: 1, 19 - 35, 01.03.2007

Abstract

Recent globalization efforts have utilized and focused on offshored outsourcing of non-manufacturing processes and business activities, with authors arguing the many different facets of the concept and its implications. The ongoing debates have revolved around issues related to benefits for outsourcing countries and countries that are recipients of outsourcing, the types of skills and associated unemployment, the types of industries that are being most effected, and even its political implications. However, a case could be made that this is an evolutionary step in globalization and is a process that continues globalization, accelerated and enhanced by Web and cutting-edge developmenst in communication technologies. Therefore, as it was for earlier manufacturing based globalization efforts, this process also has positive and negative consequences as industries are reshaped, economies and world politics changed, all in one generation. This paper discusses various issues related to globalization of non-manufacturing business processes through offshoring and presents the consequences of these ongoing efforts

References

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  • Wu, Amy (2004). “Looking Offshore.” San Francisco Chronicle, July 6, 2004, pg. C-1.
Year 2007, Volume: 9 Issue: 1, 19 - 35, 01.03.2007

Abstract

References

  • "New horizons: Multinational company investment in developing economies," McKinsey Global Institute, October 2003.
  • Aggarwal, Narendra (2004). "Outsourcing takes off in Europe in a major way," Straits Times, June 21, 2004.
  • Agrawal, Vivek, and Diana Farrell, (2003). "Who wins in offshoring," The McKinsey Quarterly, 2003 special edition: Global directions, pp. 36-41.
  • Balfour, Frederik (2005). “Fakes!” Business Week, Cover Story, February 7, 2005.
  • Balfour, Frederik (2006). “Online Extra: Answering the Call in Manila”, Business Week, January 30, 2006, Online Extra. Accessed on 2/23/2006.
  • Bernstein, Aaron (2004). “Shaking Up Trade Theory,” Business Week, December 6, 2004. http://www.businessweek.com/magazine/content/04_49/b3911412.htm
  • Beshouri, C. P., D. Farrell, and F. Umezawa (2005). “Attracting more offshoring to the Philippines.” The McKinsey Quarterly: The Online Journal of McKinsey & Co., 2005 Number 4. http://www.mckinseyquarterly. com/article_print.aspx?L2=7&L3=10&ar= 1684 accessed on 10/24/2005.
  • Brainard, Lael and Robert E. Litan, (2004). "Offshoring Service Jobs: Bane or Boon and What to Do?” The Brookings Institution, Policy Brief # 132 - 2004
  • Blanco, T., D. Farrell, and E. Labaye (2005) “How France can win from Offshoring,” McKinsey Quarterly, Web Exclusive, August 2005. http://www.mckinseyquarterly.com/article_page.aspx?ar=1632&L2=7&L3=10&s rid=17&gp=0 accessed on 8/10/2005.
  • Campoy, Ana (2004). “Think Locally,” Wall Street Journal, September 27, 2004, pg. R8.
  • Chaktabarty, S. K., P. Gandhi, and N. Kaka (2006). “The untapped market for offshore services.” McKinsey Quarterly, 2006 Number 2. http://www.mckinseyquarterly. com/article_page.aspx?ar=1772&L2=4&L3=43&s rid=17&gp=0 accessed on 4/18/06
  • Drucker, Jesse and Jay Solomon (2004). “Outsourcing Booms, Although Quietly Amid Political Heat,” Wall Street Journal, October 18, 2004, pg. B1.
  • Efendioglu, Alev M. (2006). "Outsourcing/Offshoring: Issues and Impact on Venture Capital." Outsourcing & Offshoring in the 21st Century - A socio economic perspective, Edited by H.S.Kehal and V.P. Singh, Idea Group Publishing, Hershey, PA, 2006.
  • Frost, Laurence (2006), “Patriotism is pulling Europe to pieces.” San Francisco Chronicle, April 15, 2006, C-1.
  • Kearney, A. T. (2006), “A.T. Kearney/Foreign Policy Magazine Globalization Index 2005,” Measuring Globalization, Brookings Institute Press, 2005. http://www.atkearney.com/main.taf?p=5,4,1,116. Accessed on 4/17/06.
  • Krishnadas, K. C. (2005). “After Wipro, Infosys Now Gets Bomb Threat,” March 15, 2005. http://www.outsourcingpipeline.com/news/159900306. Accessed on 3/22/05.
  • Kurtzman, Joel, Glenn Yago and Triphon Phumiwasana (2004). “The Global Costs of Opacity,” MIT Sloan Management Review, October 2004 http://www.milkeninstitute.org/publications/publications.taf?function=detail&ID= 378&cat=Arts. Accessed on 2/25/2005.
  • McDougall, Paul (2005). “Even In Government, Dollars And Sense Prevail On Outsourcing,” http://informationweek.outsourcingpipeline.com. Accessed on 3/22/2005.
  • Reinhardt, A. (2006). “Angling to Be The Next Bangalore,” Business Week, January 30, 2006, pg. 62-64.
  • Roberts, Dexter (2006). “How Rising Wages are Changing the Game in China,” Business Week, March 27, 2006, pg. 32-35.
  • Schlender, Brent (2004). “Peter Drucker Sets Us Straight,” Fortune, January 12, 2004.
  • Solomon, Jay and Kathryn Kranhold (2005). “In India's Outsourcing Boom, GE Played a Starring Role.” Wall Street Journal, March 23, 2005, pg. A1.
  • St. John, Don (2005). “Offshore Outsourcing: Realities and Battles.” http://www.outsourcingpipeline.com/trendwatch/trendwatch.jhtml. Accessed on 2/16/2005.
  • Sullivan, Laurie (2005), “Global Sourcing Creates Supply-Chain Challenges.” March 21, 2006. http://www.outsourcingpipeline.com/. Accessed on 3/31/2005.
  • Tetrault, J., M. Taoufiki, and A. O. Tazzi-Riffi (2005), “Morocco’s offshoring advantage.” The McKinsey Quarterly:The Online Journal of McKinsey & Co., 2005 Number 4. http://www.mckinseyquarterly.com/article_print.aspx?L2=7&L3=10&ar=1683. Accessed on 10/24/2005.
  • Tyson, Laura D'Andrea (2004). “Offshoring: Pros and Cons for Europe.” Business Week, December 6, 2004.
  • Wu, Amy (2004). “Looking Offshore.” San Francisco Chronicle, July 6, 2004, pg. C-1.
There are 27 citations in total.

Details

Other ID JA24HA74CE
Journal Section Articles
Authors

Alev M.efendioğlu This is me

Publication Date March 1, 2007
Published in Issue Year 2007 Volume: 9 Issue: 1

Cite

APA M.efendioğlu, A. (2007). GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES. ISGUC The Journal of Industrial Relations and Human Resources, 9(1), 19-35.
AMA M.efendioğlu A. GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES. isguc. March 2007;9(1):19-35.
Chicago M.efendioğlu, Alev. “GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES”. ISGUC The Journal of Industrial Relations and Human Resources 9, no. 1 (March 2007): 19-35.
EndNote M.efendioğlu A (March 1, 2007) GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES. ISGUC The Journal of Industrial Relations and Human Resources 9 1 19–35.
IEEE A. M.efendioğlu, “GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES”, isguc, vol. 9, no. 1, pp. 19–35, 2007.
ISNAD M.efendioğlu, Alev. “GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES”. ISGUC The Journal of Industrial Relations and Human Resources 9/1 (March 2007), 19-35.
JAMA M.efendioğlu A. GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES. isguc. 2007;9:19–35.
MLA M.efendioğlu, Alev. “GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES”. ISGUC The Journal of Industrial Relations and Human Resources, vol. 9, no. 1, 2007, pp. 19-35.
Vancouver M.efendioğlu A. GLOBALIZATION THROUGH OFFSHORED OUTSOURCING: BENEFITS & CONSEQUENCES. isguc. 2007;9(1):19-35.