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7 Strategies for Sustained Innovation
The need for constant reinvention is a given in today’s business environment. And while a breakthrough product or concept can catapult an organization ahead of its competitors, in these fast-paced times, that advantage is often short-lived. While...
IF YOU WANT TO BE A BETTER LEADER – OIL YOURSELF
IF YOU WANT TO BE A BETTER LEADER – OIL YOURSELF Maybe this happened to you before…if you don’t add oil to your car or your lawn mower, you are soon going to soon have problems. Why? Because oil is the magic ingredient that reduces friction. In...
JOB TALK--THE HEART OF PRODUCTIVITY
Read the word "productivity" and chances are you envision assembly lines, warehouses stocked with goods, even space-age machinery performing tasks at faster-than-human speed. Or if you are in corporate management, your mind recalls the U.S....
What Inspires You?
Have you ever thought? What inspires YOU? What is it that drives you day in and day out? What is it that inspires you? We think of creative people as being inspired and ask about their work. What inspired you to paint, draw, produce this piece of...
What Makes Your Home Business Succeed?
A few weeks ago I have written about the "Key Factors of a
successful home business". A lady has reacted to this article
and she has mentioned some important aspects, e.g. "Is the
product a category creator?" I want dwell on this question....
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Offshore outsourcing creates jobs
According to Infoworld,the economic benefits from offshore
outsourcing will create more than 337,000 jobs by 2010, on top
of jobs lost through outsourcing, according to the study, by
economic analyst Global Insight Inc. ITAA called offshore
outsourcing a "net positive for American workers and the U.S.
economy." But the Institute of Electrical and Electronics
Engineers-USA (IEEE-USA), representing U.S. IT workers, disputed
the study, saying Global Insight failed to factor in concerns
about outsourcing such as national security and the future IT
innovation in the U.S. Both national security and the future of
innovation will be at risk if the U.S. continues to export
high-tech jobs and lose expertise in creating new defense
systems and new IT products, said Ron Hira, chairman of the
IEEE-USA's research and development policy committee. "It should
also weigh out the costs and the downside," Hira said of the
study. "They ignore national security and technological
innovations in these studies." While the study seems to assume
that displaced IT workers will quickly find jobs, that's often
not the case, added Hira, a professor of public policy at the
Rochester Institute of Technology. A U.S. Bureau of Labor
Statistics survey, released in July 2004, found that of the 5.3
million U.S. workers who lost their jobs between January 2001
and December 2003, 35 percent had not found jobs by January
2004, Hira noted. Combined with a push by the ITAA and many tech
vendors for the U.S. to increase the number of foreign workers
allowed under H-1B visas, offshore outsourcing hurts many
workers, Hira said. "The bottom line result from the simulation
is that U.S. software workers are losers," he said. "And ITAA
continues to undercut U.S. software workers by arguing for more
H-1Bs." But Global Insight and outsourcing provider Sierra
Atlantic Inc. defended the study, saying the economic benefits
of offshore outsourcing are real. Large companies outsourcing
their IT support and maintenance functions can eventually expect
cost savings of 30 to 50 percent, while companies outsourcing
portions of their new IT projects can expect savings of up to 40
percent, said G.K. Murthy, vice president of enterprise
solutions at Sierra Atlantic. The study links those savings with
benefits to the overall economy. Currently, about a third of
Sierra Atlantic customers tell Murthy they plan to hire
additional workers with the savings they
achieved with
outsourcing, Murthy said. "In some cases, they actually go and
hire new people to launch a new initiative," Murthy said.
Offshore outsourcing, or "global sourcing," as the study calls
it, helps raise U.S wages and raises the nation's gross domestic
product. Offshore outsourcing will contribute to a US$0.06
increase in U.S. hourly wages in 2005, climbing to $0.12 in
2010, the study says. At the same time, spending on offshore
outsourcing of computer software and services will grow from
about $15.2 billion in 2005 to $38.2 billion in 2010, according
to the study. During the same time period, total cost savings
from offshore outsourcing of computer software and services will
grow from $8.7 billion in 2005 to $20.4 billion in 2010, with
much of those savings reinvested in the U.S., the study said.
Offshore outsourcing can cause lower wages in the outsourced
industries, but the cost savings create other economic benefits,
said Nariman Behravesh, Global Insight's chief economist. "[Wage
increases] don't necessarily occur in the IT sector, but it does
happen in other parts of the economy," he said. "You can see the
pain; it's a bit tougher to see the gain, but it's there."
Addressing concerns about national security and IT innovation,
Behravesh said national security could be a concern in the long
term. "We have to be very careful of the national security
concern," he said. "Having said that, national security is often
the last refuge of protectionists." IEEE-USA's Hira questioned
the objectivity of the study's authors, saying the study is more
of an advocacy document than an unbiased research report. This
is the second year ITAA has worked with Global Insight on a
study about the benefits of offshore outsourcing. "Running a
computer simulation is just an exercise when you've set up the
exercise to get the results you want," he said. Behravesh
acknowledged that the study makes several policy
recommendations, including more assistance for displaced U.S.
workers and a bigger government focus on research and
development. "We wouldn't do it from an advocacy standpoint
unless it makes sense," he said.
About the author:
For further information on offshore outsourcing and
offshore software
development, please visit http://www.a1technology.com
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| DTI - Welcome to the DTI's Innovation Home Page |
| The DTI is working to stimulate a significant increase in innovation throughout ... It covers Living Innovation, web streaming of a series of high profile ... |
| www.dti.gov.uk |
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| Innovation - Wikipedia, the free encyclopedia |
| An innovation in this light occurs whether or not the act of innovating ... A convenient definition of innovation from an organizational perspective is ... |
| en.wikipedia.org |
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| National Innovation Website |
| The Department of Industry, Tourism and Resources has developed this website to raise awareness of the importance and benefits of innovation and ... |
| www.innovation.gov.au |
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| Innovation, creativity and brainstorming resources from ... |
| A comprehensive site designed to provide busy entrepreneurs with a focused collection of the best resources on innovation, creativity, and brainstorming. |
| www.innovationtools.com |
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| Innovation Weblog - Trends, resources, viewpoints from Chuck Frey ... |
| The Innovation Weblog - Valuable trends, resources and viewpoints in innovation, creativity and brainstorming from Chuck Frey at InnovationTools. |
| www.innovationtools.com |
|
| CORDIS: Innovation Portal: Home |
| This Innovation Portal is supported by DG ENTR of the European Commission, ... European Commission adopts new Communication on Innovation: on 13 September ... |
| cordis.europa.eu |
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| CORDIS: Promotion of Innovation: Home |
| This programme stands at the cross-roads of the Community's policies on Research, Innovation and SMEs. |
| cordis.europa.eu |
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| Innovation Network... leveraging innovation, creativity and ... |
| The Innovation Network is an association of companies and employees committed to innovation. The site features some interesting articles as well as some fun ... |
| www.thinksmart.com |
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| Business Innovation : Car Reviews, Online Gaming, and Product Branding |
| If your in need of great Online Gaming material, we carry up to the minute news and reviews for all of your favorite games and gaming systems. |
| www.businessweek.com |
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| Innovation - Life, Inspired | PBS |
| Learn about fascinating innovations, explore interactive features, submit questions to our experts, investigate resources and lesson plans, and more. |
| www.pbs.org |
|
| Innovation.org - Welcome |
| Impact of Innovation Saving & Improving Lives Controlling Healthcare Costs Strengthening ... Future of Innovation New Medicines in Development Next Wave of ... |
| www.innovation.org |
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| Innovation: See what people are saying right now on Technorati |
| See all blog posts tagged with innovation on Technorati. |
| www.technorati.com |
|
| Innovation Relay Centres - The World Largest Network for ... |
| Innovation Relay Centres giving advice on Innovation, Technology Transfer and Exploitation. Major European source for innovative technologies or new ... |
| irc.cordis.lu |
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| The Tech Museum of Innovation | Welcome |
| The Tech Museum of Innovation - Welcome! The Tech Museum inspires and educates the innovators of the future. |
| www.thetech.org |
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| Pages tagged with "innovation" on del.icio.us |
| CoDev 2007 - Co-Development for Business Growth: Open Innovation and Alternatives ... PDMA & IIR's 5th Annual Front End of Innovation ... |
| del.icio.us |
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| innovation |
| Publication highlighting the research activities of NUS. The site provides snippets of selected articles online, and provides a subscription form online. |
| www.innovationmagazine.com |
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| Canadian Innovation Centre |
| Services includes invention evaluation, technology due diligence, market research, and education programs. |
| www.innovationcentre.ca |
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| London INNOVATION :: Home |
| Maximise your business potential through innovation. Learn the secrets of successful business innovation in London. |
| www.london-innovation.org.uk |
|
| Eric Von Hippel's Homepage |
| Downloadable Books. Democratizing Innovation (2005) ... The Sources of Innovation (1988). Free download of the complete book. Permission granted by Oxford ... |
| web.mit.edu |
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| Intel Innovation in Education |
| www.intel.com/education/ - 3k - Cached - Similar pages |
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