Is Outsourcing Dead (or Just Napping)?

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Susan Fourtané
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Re: Your Father is a very smart man.
Susan Fourtané   2/20/2013 2:15:14 PM
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Ashish, 

You probably know better. This is your strong topic, not mine. I didn't say that the peseta would be valued as same as the euro. I just said it would be expensive for Spain to change currency again now. Also, it's like giving a step back. And what if it doesn't work? Should they come back to the euro or what? 

-Susan

syedzunair
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Re: Your Father is a very smart man.
syedzunair   2/20/2013 1:42:38 PM
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Susan:

A change of currency would be expensive as well as unfruitful. The allocation of resources would be a problem and so would be surviving without the help of the European giants. 

syedzunair
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Re: Your Father is a very smart man.
syedzunair   2/20/2013 1:40:27 PM
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tech4people:

I think coming out the Euro would be their worst mistake. If they come out they will have nobody to save them. If they cannot perform well with the Euro what guarantee do they have that would perform well on an independent currency?

syedzunair
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Re: Your Father is a very smart man.
syedzunair   2/20/2013 1:38:44 PM
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Taimoor:

Is it only Europe that is being bogged down by countries that are having difficulties? Or is it a worldwide trend where the giants are bailing out smaller countries?

Anna young
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Re: Your Father is a very smart man.
Anna young   2/20/2013 3:18:35 AM
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 Ashish, I hear you. However, the complex situation in the Eurozone as you're aware is not about the single currency alone. Each countries e.g. Greece, Spain etc. have its own peculiarities and at the same time share challenges of dealing with the consequences of sustained large deficits and a protracted banking crisis. I think what is needed is an overall effective plan for European economic governance. The tools are readily available. Europe has the capacity to fix the Eurozone, if all the leaders can work together.

elctrnx_lyf
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outsourcing strategies
elctrnx_lyf   2/20/2013 2:50:57 AM
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The companies shall not reward individual managers or product teams to make decision on outsourcing. Instead it should be a centralized team should make decision on what needs to be outsourced. This makes the organization successful and sustainable in the long term.

TaimoorZ
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Re: Your Father is a very smart man.
TaimoorZ   2/19/2013 5:05:09 PM
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@Ashish: This is precisely what other Euro members have been telling Spain to do. And since they're the ones funding Spain's debts, they do have the right to dicate policies.

tech4people
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Re: Your Father is a very smart man.
tech4people   2/19/2013 4:05:01 PM
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Susan,

You need to think this through clearly.

If Spain does abandon the Euro and move to the Peseta;the Biggest advantage they will have is that they can inflate and devalue their massive Debt Burdens instantly[Held primarily by German and French Banks].

Of course they would have to resort to Capital Controls (like in Iceland) initially but teh Economy would actually recover much faster and start booming.

What you are making the mistake of thinking that the New Currency will be valued the Same as the Euro.

It won't.

 

It will probably end up as 0.5 Euro.

That will make a massive change to Spain's current terrible Economic Predicament.

They will be entirely in control of their Own Economic Situation than having to Keep Begging Germany,Finland,Luxembourg and Holland for Loans.

 

Susan Fourtané
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Re: Your Father is a very smart man.
Susan Fourtané   2/19/2013 3:51:32 PM
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Ashish, 

A change of currency would be super expensive for Spain. That would be a bad allocation of resources. Instead, with that money they could solve some social issues. 

-Susan

AzmatMalik
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Production Synthesizer
Re: Outsourcing and scopes
AzmatMalik   2/19/2013 3:18:49 PM
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I generally look for a 'follow the money' link. Since most western management are bonus'd based on quarterly or annual performance they will optimize those metrics. In tech (specially semiconductors) we know that a cutback in R&D will be disastrous some years later, perhaps as early as the next cycle, or the following one.  If CEO et al bonuses, specially if heaviily weigheted with stock awards which can only be cashed 10-15 years after the award, we would see a more responsible set of decisions. Top management being rewarded on quarterly or annual perfromance is asinine. I can see a machine worker being so short-term linked, sales people too.

Outsourcing is not dead. But accounting for it must also be long-term. Once something is outsourced an organization starts diluting its jewels, and heads twoards hollowness, eventual 'death'.

 

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