Dec
5
A Bitter November
December 5, 2008 | Leave a Comment
It has been a bitter November for nearly countless of workers around the world as labor markets cut jobs amidst today’s global financial crisis, particularly in North America and Europe.
Nov
5
Outsourcing : The Big Leap
November 5, 2008 | Leave a Comment
As some buckle under the pressure, others take the opportunity for the lead by taking a leap and giving it their all.
The same goes for outsourcing, the companies and their business partners are poised to survive, surpass the economic turmoil.
Sep
30
Outsourcing : Crunch Time
September 30, 2008 | Leave a Comment
The drama on Wall Street continues as the rank-and-file lawmakers on Main Street, Washington escalate financial fears.
The US House of Representatives rejected the USD700 billion economic bailout plan through a 228 to 205 vote. By the end of what is could be called as Wall Street’s Black Monday, the Dow went down 778 points or 7 percent.
Markets are plunging, Republican and Democrats are blaming each other and the crisis spreads into Europe.
Jul
24
IT Outsourcing : Dealing with the Dragons
July 24, 2008 | Leave a Comment
Changes are happening in China that can affect the information and communications technology landscape of not only in Asia but also to the rest of the world.
With the sheer size of its economic capacity and vast human resources, the country is already a force to be reckoned with. China’s government and its business sectors focus more and more on infrastructure development, training their people in acquiring competent technical skills and communication (English proficiency is now mandatory for earning B.A. and M.A. college degrees) as well as enhancing their Internet connectivity.
The country is on the rise to becoming a superpower in IT services outsourcing industry by possibly when the millennium reaches its first decade.
Despite these improvements, there are several risk factors that serve as barrier for China in being a business destination for prospective growth. These risk factors can all be boiled down to one thing: China’s business culture.
To make the most of what China has to offer for the savvy IT entrepreneur; cheap but technically-skilled labor, government policies protective of private ownership and intellectual property and physical proximity to solid and growing markets in Asia, the knowledge of Chinese business practices and negotiation strategies is a definite requirement.
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