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May 31, 2006

Outsourcing: A universal trend

When outsourcing started out as a business model for companies in the U.S., it became the alternative to high costs of operation in the U.S. and found economically viable partners in countries like India. Some years down the line, the practice of outsourcing work to save time and money is no longer a one-way-traffic, but has developed a cyclic pattern. U.S. countries outsource to India, India outsources to other countries, and so does China to other outsourcing service providers situated in other countries.

In the present scenario, the pros and cons of outsourcing are shared by several countries, and it is no longer a U.S.-centric model. When you turn to the news coming in from various countries, you will find that the work force in each of those countries faces the same worries and enjoys the same advantages that come with outsourcing work. Like it or not, outsourcing is a business model that is being adopted globally, and it is here to stay.

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