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Saturday, October 15, 2005
If the type of work that can be done over a wire, then probably every job is at risk says Nandan Nilekani, the chief executive of Infosys Technologies. Nandan points out that what's happening is pretty fundamental and in the 1830's, India and China were 50 percent of the world's G.D.P., and then they missed the entire revolution of industry and relates current advancements as part of this the process. Nandan is spot on when he says that underlying secular trends like technology and demographics can’t be stopped or wished away, calling them, megatrends. Winners in his view are those who accept the impending reality and focus on how to take advantage of it. The war between offshoring and the blue blooded consulting houses need to be seen ad a battle of business models. The disruptive offshoring model is to be seen as a threat to the existing business model and older companies will have to reconfigure themselves to look more like us if they're going to be globally competitive. Nandan is at his best when he says that he sees that the challenges for offshoring companies are about hiring and growth and building a brand; for established western players t's about restructuring the work force and points out the difference between the associated excitement and pain.
Category :Offshoring |
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