Posts Tagged ‘reverse outsourcing’

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Sign of the Times

May 14, 2010

In perhaps the most significant recognition of the beginning of the new world economy everyone should take note of a Newsweek Article, Where the Jobs Are.

Foreign companies, via various internet placement agencies, are hiring contract workers in the US at a rate that is four times greater than just a year ago—and I would bet, a fraction of what it will be in five years.  As foreign corporations in Russia, Brazil, India, China, etc. , strive to meet the incredible growth opportunities in their own countries, good ‘ole American know how, skills and work ethic will be in ever-increasing demand.

Today these overseas jobs are being accepted mainly  because of  the current US recession and, as such, the wages paid may also be comparatively low, but that won’t be the case in the very near future. What is now termed as “reverse outsourcing” will become as impossibly mainstream as it seemed home computers would be two decades ago when (as  popular legend has it, Bill Gates) was informed by investors that personal computers were a great idea, but that they would never catch on.

Those people  lucky enough to be gaining priceless experience working for foreign companies (not traveling anywhere, mind you—they’re working from ordinary places like Tampa, Florida and Flint , Michigan)–including their cultures, their logic and more—will definitely have a huge head start on understanding how to succeed in the new world economy.

As I’ve said time and time again, EVERY PERSON who is in business  or who is carving out a career path in this day and age will need to learn how to work and communicate effectively with other cultures in order to be  truly successful.  Whether you’re a global entrepreneur or a graphic artist living in Omaha, the insights from the book Lies, Bribes & Peril will prove invaluable!