[Mblake1981]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

Hmm if you combine this convo and the end time one, it seems to indicate: education = dumbassery/not smart

That’s true provided that the leaders of the companies who make the outsourcing decisions know what they are doing: they have a clear vision of where they’re steering the corporate ship, and a sound plan to effectively redeploy the funds they save from outsourcing—to create new jobs that replace those lost in outsourcing.

The trouble is that some corporate leaders have neither. That’s how they ended up sending tens of thousands of jobs overseas but didn’t stay competitive.

Old Hewlett Packard is a case in point. Three decades ago, outsourcing was supposed to help the company regain its competitiveness. At least that's how its leaders sold their strategy to Wall Street, which cheered the move.

In the short-term, outsourcing did just that, helping the company cut costs by laying off thousands of employees at home.

In the long-term, it made entry of new competitors into HP’s turf easier. And that’s how the company gave its competitive advantage away, piece-by-piece, to Lenovo (CCP) and the like.