Wednesday, June 06, 2007

The Other Side Of Outsorcing

Thomas L Friedman and
The other side of Outsourcing

This video was found on (also found at you tube

It is interesting to see how these low wage jobs are growing the economy in India, did you know that soon these job will move to other countries with even lower economies.

The notes were written as a countdown timer

45m India’s way of life unchanged for generations
44m outsourcing from America jobs are going to Bangalore
43m how is the outsourcing affecting the traditional culture
42m British colony for 200 years, so middle class speak English
42m Bangalore first with satellite
42m call centers the how America talks to India
41m call center workers earn more than they ever needed, and they have free time
40m sales calls
40m hang-ups so you have to be able to take rejection
39m tech support
39m Indians are competitive because how many people there are you must fight to stay alive
37m accent neutralization… sound like who you are calling
35m they talk to us and imitate us how does that affect them
34m India coat of living is 1/5 of USA
34m Call center make 200 per month
33m America has been exposed to India for decades but now they can actually become America, before it was just a fantasy
32m a 21 was getting married or studying, but now they work
31m now becoming more materialistic
31m Call center people are becoming brand conscience (becoming a mini America)
31m the future is very good for India
30m the base on the guru is falling the new is Bill Gates
29m ‘my god is immortal for me’
29m older people respected their parents now they think independent they may say ‘no’ to your parents
28 m family bond is very strong still though
27m 54% of the Indian population is under the age of 25. 555m young people
26m is globalization to look more like USA?
22m they talk about traditions and the importance and the pictures tied to Hindu worship
22m [traditions are important, but why do something that was done? WHY? Yes we need to know what was done but we need to be smart about what we do don’t just do it because it was done but have a mind behind what is being done]
21m “glocalize” use what is best locally, and still be global
20m Changing traditional skills to the new world sculpting to digital 3d… that way the skills do not die
18m a 26part series about Krishna is being made for the world market, with American actors, American writers, and Indian illustrators
16m ‘the outsourcing is a tip of the iceberg, there is much more going to be done’
15m India middle class is 300million people a big marketplace to sell to
14m innovations is the future of America in America
14m globalization has to be two-way traffic (American money was gained at the expense of the rest of the world in the past)
13m Infosys campus is like a resort not a business.
12m almost all American corporation use Indian for an integral part of their livelihood
11m to make the world a safer place the *stans countries need access to this global market if they do not have it they will fight to get it. [Economics can stop wars]
9m only a small % of the Indian population is touched by the IT boom
9m 10% of India lives in slums
8m though they do work construction of IT buildings for 1-2dollars a day they live in slums without water children not going to school migrating from villages
6m local villagers make incense sticks for 5-10 rupees a day as a cottage industry; a corporation does it mechanically taking away whole villages of jobs [yunus says this is the next global activist for industry to support other people at the cost of a little bit of profits]
7m globalization must be good for everyone to work if the poor are left behind there will be problems.
5m do we let the poor village move to the city, or cherish them and figure out a job they can do in the village that is global
4m ‘quality of life… where is it all going?’ TL Freidman
3m it must be made good for all people
3m there is examples of the ‘ideal’ that is good untouchable kids learning computers at a young age.
2m an Indian who made it big in America using his money to help the poorest children of India
1m the poor are just as smart as anyone given the chance they can be as good as anyone1m the high tech segment in India is only 3million people today

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