Tom Peters joins the Outsourcing Debate !
Sixteen Hard Truths
1. 'Off-shoring' will continue; the tide cannot be reversed.
2. Service jobs are a bigger issue than manufacturing jobs, by an order of magnitude.
3. The automation of business processes is as big a phenomenon in job shrinkage as off-shoring.
4. We are in the middle of a once every hundred years' (or so) productivity burst -- which is good for us in the long haul.
5. Job churn is normal and necessary: The more the better ... long haul.
6. Americans' 'unearned wage advantage' could be erased permanently. ('There is no job which is America's God-given right anymore.' -- Carly Fiorina, Hewlett-Packard)
7. The wholesale, upscale entry of 2.5 billion people (China, India) into the global economy at an accelerating rate is almost unfathomable.
8. Big Companies are off-shoring/automating almost exclusively in pursuit of efficiency and shareholder value enhancement. (This is not new or news.)
9. Big companies do not create jobs, and historically have not. (Big companies are not 'built to last;' they almost inexorably are 'built to decline.')
10. Job creation is entrepreneurially led, especially by a small number of 'start-ups' that become growth companies (Microsoft, Amgen et al.); hence entrepreneurial incentives including low capital gains taxes, high R&D supports are a top priority.
11. Primary and secondary education must be reformed, in particular to underscore creativity and innovation -- the mainstays of high-value added products and services. Children should be nurtured on risk-taking, with a low expectation of corporate cosseting.
12. Research universities must be vigorously supported.
13. National/global protection of intellectual capital is imperative.
14. All economic progression is a matter of moving up the "value-added chain." (This is not "management speak": Think farm to factory to R&D lab.)
15. Worker benefits (health care, re-training credits, pensions) should be portable, to induce rather than impede labor mobility.
16. Workers have the ultimate stake. They must "re-imagine" themselves -- take the initiative to create useful global skills, not imagine that large employers or powerful nations will protect them from the current (and future!) labor market upheavals.
Feb 24, 2004
Subscribe to:
Post Comments (Atom)
Blogging About
HR Issues
Social Media
Organization Development
consulting
career management
business blogging
recruiting
strategy
talent
learning
innovation
leadership
management
Organizations 2.0
HR2.0
Knowledge Management
Social Business
networking
training
talent work
skills
employment branding
Enterprise social software
Human resources
Social Networking
india
marketing
Enterprise 2.0
Employment
business books
news
Twitter
Business
future
Online Communities
Social network
communication
jobs
Facebook
personal branding
HR professionals network
Interview
Recruitment
Strategic management
LinkedIn
Employee engagement
Job Search
Talent management
personal
Community
Community Management
the imagence partners
Competencies
Social Enterprise
collaboration
Education and Training
Social web
entrepreneurship
salaries
youth
Employee Relations
Virtual community
socialmedia
coaching
lifestreaming
Human resource management
Knowledge base
Sexual harassment
Trial and error
satyam
No comments:
Post a Comment