Mitchell Levy authors new book on outsourcing and states that Offshoring
is a subset of outsourcing and is inevitable ***
Contact: Ericka Wilcox
Announcing the pre-release of Happy About Outsourcing where
author Mitchell Levy collects over 25 stories of executives that have
Offshored and Outsourced and concludes that Offshoring is a subset of
outsourcing and is an inevitable evolution of business.
CUPERTINO, CA. - December 8, 2004
Will outsourcing be a net positive or negative to the US economy
over the long-term? Mitchell Levy, Author of the soon to be released
book "Happy About Outsourcing" says it
depends on your definition of time. "At present, it's a negative
from the perspective of the displaced workers that are having problems
trying to find their next job. In the mid-term (2-20 years out), it
will be a boon for the world economy. In the long-term (30+ years out),
America will lose it's stronghold as the #1 economic power."
According to the ITAA (Information Technology Association of America)
there has been over 104,000 IT jobs moved offshore between 2003 and
2004. A good percentage of those workers can't find jobs at equal or
even substantially less pay. This has led to a significant backlash
toward Offshoring and it is argued that protectionism is the answer
to this trend. Levy disagrees. He argues that education is the answer.
Education in the US continues to suffer with Government budget cuts.
This is not true in a number of other countries around the world. India
produces 300,000 IT engineering graduates annually (compared to the
US's 50,000) and China, which produces more graduates than India, has
a stated goal of creating 50 "MIT-class" institutions. According
to Levy, "in the long-term, it's not protectionist policy that
will solve the problem of a growing worldwide capitalistic culture,
it's education. We need to prepare our future generations to compete."
In the book Happy About Outsourcing (release date
of January 18, 2005: a pdf version is available today at http://www.happyabout.info/outsourcing/),
Levy weaves quotes, case studies and contributions from executives that
have "Been There and Done That!" At the end of the read, ~2
hours, the reader is left with a feeling of inevitability. "Offshoring
is an extension of outsourcing and we've been outsourcing through the
history of mankind" says Levy.
About Happy About
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