The managment mindset that believes that “just a little offshoring will help our bottom line” is the same mindset that produced our current overall economic difficulties. Just ask Boeing how difficult it is to make a three part hinge made in three different countries fit the plane, the door it is supposed to hold or how to make the pin that holds it together.
Total agreement with the comments made. When is this “outsourcing” going to stop. Do the powers that be realize that in order for us to have customers that pay their premiums they must have jobs?
As I have been down sick, I was a little late and I received a reminder call on my home loan from the Phillipines. From India on a Visa Credit Card.
My neighbor was laid off at his manufacturing company he was with for 16 years as they cannot compete with the Chinese. This open “world based & driven economy” is killing us over here.
One is the outsourcing of American jobs. We can easily combat this by voting with our dollars to support companies who keep those dollars at home. This of course takes diligence and effort.
The second is the erosion of control to the quality of the output. Company management is interested in cutting expenses the easiest way possible. The same management that makes the decision to offshore also makes the decision to reduce oversight or cut other corners to gain their competitive advantage over the short term. AIG took the ‘easy way’ to beef up profits in their non-regulated segments. Offshoring is just another way around decent regulation.
There is a reason American goods and services are priced at a premium: They are the best. Still the Gold Standard.
Why would anybody knowingly buy a discount parachute?
Call it whatever you will, but these short-term cost saving strategies always cost more long term. Just another reason to avoid Allstate at Allcosts.
The managment mindset that believes that “just a little offshoring will help our bottom line” is the same mindset that produced our current overall economic difficulties. Just ask Boeing how difficult it is to make a three part hinge made in three different countries fit the plane, the door it is supposed to hold or how to make the pin that holds it together.
Total agreement with the comments made. When is this “outsourcing” going to stop. Do the powers that be realize that in order for us to have customers that pay their premiums they must have jobs?
As I have been down sick, I was a little late and I received a reminder call on my home loan from the Phillipines. From India on a Visa Credit Card.
My neighbor was laid off at his manufacturing company he was with for 16 years as they cannot compete with the Chinese. This open “world based & driven economy” is killing us over here.
There are two insidious issues at play here.
One is the outsourcing of American jobs. We can easily combat this by voting with our dollars to support companies who keep those dollars at home. This of course takes diligence and effort.
The second is the erosion of control to the quality of the output. Company management is interested in cutting expenses the easiest way possible. The same management that makes the decision to offshore also makes the decision to reduce oversight or cut other corners to gain their competitive advantage over the short term. AIG took the ‘easy way’ to beef up profits in their non-regulated segments. Offshoring is just another way around decent regulation.
There is a reason American goods and services are priced at a premium: They are the best. Still the Gold Standard.
Why would anybody knowingly buy a discount parachute?