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Outsourcing: a zero-sum game?

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Abstract:

Globalisation is well and truly at work. In today's global capitalist system, advanced technology and ever-faster communications networks are enabling companies to smash traditional time and space constraints in order to drive costs down. For those companies that are quick to seize opportunities in the current stampede towards lower-wage economies, the rewards are potentially huge. In the meantime, however, the traditional foundations on which economies are built are shifting like quicksand and some fear a zero-sum game whereby wins in some economies will imply direct and perhaps long-term losses for others. That this trend is set to bring about massive change is beyond doubt. The remaining question is whether, in the obsessive battle for greater competitiveness, new opportunities can be generated in the vacuum left behind.

Keywords: game; outsourcing; zero-sum

Document Type: Research Article

DOI: http://dx.doi.org/10.9774/GLEAF.978-1-909493-60-5_5

Publication date: March 10, 2006

More about this publication?
  • Above the Clouds: A Guide to Trends Changing the Way we Work
    Some of us work to live. Some of us live to work. Some of us, by design or default, don't work at all. Whatever your position, as a stakeholder in today's society, there is no avoiding the complex web that is the world of work. Everyone is affected to some degree by issues such as stress and work-life balance, teleworking, offshoring, stakeholder democracy, globalisation -- the list goes on. But, as things continue to change at an ever-faster rate, what can we expect work to look like in the next five, ten, or twenty years? Above the Clouds is the result of a future studies project carried out by the European Foundation for Quality Management (EFQM), a not-for profit foundation that promotes excellence in European business. The project aimed to identify trends that will have an impact on the world of work over the coming decade.
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