Agreed. But the first underpinning that I see is that Indians have to to give up their arrogance in the way they prefer to conduct the businesses. Since manageable talents are available in large numbers, a systemic weakness & vulnerability is an accepted way of life as the thinking is that things can be managed easily and A is replaceable by B without much seismic effect on business, which is not true for the West. Their talents are nurtured, here they are discarded and ignored as man at helm is more interested in organisational game play than business evolution. That is the tragedy of being Indian & doing business in India. Thanks once again for sharing your thoughts & I am obliged.
Hi there, thanks for your response. Based in India for last 2 years (after a gap of almost 12 years) I do not see any great potential for talents at low end skill sets, however at leadership level the holistic exposures are even more glaringly lacking & yet people demand compensations that are at par or more than what one would pay in US or in Europe & yet the business volume handled by a VP level person for that kind of salary could be close to a 250 million to a billion dollar in western world & I note that Indian managers wilt/ fail to deliver similar results at even 10 million dollar volume. These are the situations in large corporates & the plight of SME is even more agonising at leadership level. People are just clutching on without being mobile and contributory & companies tolerate by the principles of a "known devil being better than unknown angels". A very peculiar marriage that I haven't seen in west.
I would also request you to read through one of my responses & get me a feedback; of course your time permitting. This was in response to one reader identified as "AbhimanyuN" on 26 June at 9.26 AM below.
I would also request you to read through one of my responses & get me a feedback; of course your time permitting. This was in response to one reader identified as "AbhimanyuN" on 26 June at 9.26 AM below.
The outsourcing game would eventually shrink for both India & Philippines and would taper in less than five to ten years. The worst hit would be India, if not already. The USA & some part of Europe would eventually need those jobs badly for political reasons & all the bailout packages given in last five to seven years either as booster, stimulus or subsidy would be just sucked by an inefficient generator of employment, easy life and competing forces. Politicians would need those jobs back badly to "generate" employment. All third world countries & emerging economies need to evolve their own backbone in growth through manufacturing, infrastructure and domestic consumptions. The world is only going to get more greedy & competitive than what it is today.
I think the comparison doesn't hold much merit on economic grounds. India's existing GDP is over USD 4.5 trillion, against Philippines USD 390 billion. India has diverse sources of fueling it's economy, and unlike Philippines it has moved up in the value chain and reduced its dependency on call center's. Today, India plays a leading role providing high end IT technology services to the world, therefore call centers have taken a lower precedence. The IT Market in India alone is valued at USD 43 billion. It is good to see that the Philippines economy is positively affected by the call centers, however what remains to be seen it whether they can move up the value chain like India could.
No you CAN NOT----Pilipino CAN Do what american CAN do in Call centers and back office job----The different is the SALARY-----
US companies will LOST billions in profit If america RECALL this kind of jobs back to the US---
So SORRY ------
US companies will LOST billions in profit If america RECALL this kind of jobs back to the US---
So SORRY ------
With all the unemployed people in the US, it's time to bring back these jobs. Let the Indians and Filipinos go call each other, and have fun with each other's accent.
A glimpse of Indian narcissism of educated class is clearly streaked in what you say. I do not have a clue about your involvement in IT sector but the emphatic claim that India has moved on the value chain in IT is totally misplaced. The quality of education that India provides doesn't even merit that kind of assertion. Do not compare the Indian economy in absolute size with Philippine; but if you must then look at demographic indicators. We haven't done too well as compared to any of our Asian brothers exception being perhaps Pakistan & Bangladesh and a few from war torn zone. How many software engineers who are having some creativity & skill are willing to work in India & for which Indian companies? Answer is few or none unless having some social compulsion. Naturally with only second rated people available with marginal or no training as compared to western world, the quality of work coming to India largely are also mediocre. Creativity & respect for skills would always have a back-seat in India because of employers’ attitude towards self respect for what they are doing & also for self respect of employees. And we are complaining of attritions!!! India today at best is third or fourth tier processor of goods and services (even in IT sectors) as we never invested in right education and standardised it across India & therefore created Universities and institutions that only distribute degrees not skills. Compare the educational standards of India with any European or top 100 US Universities.This is our creativity urge as we make people more insecure after giving them a sham education. IT sector is no exception & would languish henceforth, if it has not started already. Sad that a sunrise to sunset is about to happen a bit too soon. Being a realist in India today helps without illusion of being elitist as the India story that was written like a fairy tale is likely to have a very hard landing unless Indians come to grip with realities of their own problem, which is more gargantuan than what meets the eyes at a glance. As a proud Indian I can tell you this.