Globalization and Outsourcing news

Is Offshoring Helping the US Economy?
Information Week posted an article that discusses the impact of offshore operations on the US economy. It's an interesting read where the author provides information supporting the premise that it does and has solicited feedback.

Globalization has Helped Redefine "Experience"
Mass High Tech.com explains, in an article posted last Friday that due to the nature of today's economy employees who have a global perspective and an understanding of business issues will fare better than those with only technological mastery.

Update on Globalization

Honeywell Committed to India
BANGALORE -- Honeywell International Inc. said it is committed to India as one of its manufacturing as well as research and development hub despite Washington's plans to change tax rules related to U.S. companies' overseas operations.

A Downer on Globalization
The Wall Street Journal reported that Duetsche Bank AG Chairman and CEO Josef Ackerman did not paint a pretty picture on the future of globalization at a talk at the Atlantic Council in Washington, D.C. “We are running a risk of the disintegration” of the global economic order, he said. Why? The Great Recession is making everyone risk averse.

Maintenance Outsourcing as a Global Strategy
Industry Week.com advised that by outsourcing the global service and support of its manufacturing equipment, Lockheed Martin is building strategic value beyond cost reduction. In addition to enabling lean efficiencies and economies, the outsourcing agreement with MAG Maintenance Technologies enhances the ability of proactive maintenance to further its competitive strategy.