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Words: | Submitted: Mon Apr 19 2004
... scandal has befallen numerous US corporations, the indiscretions flowing from the upper echelon of corporate executives, CFOs CEOs and COOs. As a result of public scrutiny of corporate "waste" and demand by shareholders for continually increasing shareholder value, managers are seeking outsourcing and offshoring as creative means to reduce cost in the areas of production and operations. Yet outsourcing and moving operations offshore are neither new nor creative solutions. However the trend is occurring in the industries "whose tech bubble burst" in the late 90's - the IT industry. What is more creative is the destination of the outsourced work, India. More American firms are looking at India to outsource software services, business processes and manufacturing. Firms are attracted by the prospects of high quality work at low cost, crucial in times of a downturn. Analysts at technology research firm Gartner Inc said. "Companies are interested in going offshore, and ...
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