|
|
 |
|
|
| |
There are many jobs, tasks, or roles in most organizations
that simply do not require a physical presence in any
particular location to get the work done. Such tasks may
require only a computer, a telephone, an internet connection,
a desk, certain language and cultural skills, limited
training, and an education/experience in a particular
field. This concept has dramatic effects on a company’s
business model as it alleviates the need to hire locally
for certain tasks. |
|
| |
|
|
| |
While the respective governments and world economists
are trying to figure out a solution and deal with the
controversy or opportunity, the fact remains that larger
companies are gaining ground on the small and
medium-sized businesses in their respective industries.
These larger companies have the deeper pockets, resources,
and infrastructure to either build & manage their
own global centers or partner with global companies
and increase their competitiveness. They also recognize
the inevitability toward embracing this new model before
their smaller competitors. |
|
| |
|
|
| |
Many also argue that when countries like China and India
begin to flourish they will create a huge market access
for the products and services from developed countries
and one can witness early examples of this cyclic phenomenon
on the global economy. Example: GE
Medical Systems |
|
| |
|
|
| |
An example in the technology industry of such an unfair
advantage was with large companies with mainframe computers
before personal computers were invented. The arrival of
the latter not only helped small and medium sized businesses
compete with larger players, it spurred a huge boost to
the overall world economy. |
|
| |
|
|
| |
Fortunately, small and medium sized companies have the
benefit of learning from the actions of larger companies.
Hundreds of larger companies (and small and medium companies
increasingly too) have not only implemented this new business
model, but most of them are expanding their operations
in India. They would not be expanding if it was not to
their advantage. |
|
| |
|
|
| |
Arctern has specifically designed its RemoteHire™ service
to help small and medium sized businesses compete with
large companies by giving them the same competitive advantage
and access to the lower cost human resource pool from
India without requiring the deep pockets, resources, long-term
commitment, or infrastructure that is normally required.
What is required is the recognition of what is discussed
above and a new mindset and approach. |
|
| |
|
|
|
| |
We believe that even greater than the
risk of losing white-collar jobs from developed nations
to countries like India, is the risk this new model poses
to the survival of small and medium sized businesses which
have historically been the growth engine of the job economy.
This could potentially be a much larger blow to the job
market in the much larger SMB employment segment. Ironically,
to survive and effectively compete against their larger
counterparts, and maintain/grow the job levels across
this segment, even small and medium sized businesses need
the same advantage to make it a level playing field. |
|
| |
|
|
| |
“Time and again, U.S. business has overturned
existing business models with new ones that favor consumers.
To oppose globalizing is to put the providers of a service,
for example, computer programming, ahead of the consumers
of that service. That's not the American way. Throughout
our history, we have remained competitive in the world
economy not by protecting ourselves from competition but
by taking our lumps, moving on and finding new opportunities.”
Michael Treacy
Author, Consultant and Former MIT Sloan Professor
More Quotes 
|
|
| |
|
|
|
