The offshoring craze: What to think about before you jump

Abstract

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

Scans the top 400 management publications in the world to identify the most topical issues and latest concepts. These are presented in an easy‐to‐digest briefing of no more than 1,500 words.

Findings

Constant pressure on the bottom line and moves towards a global marketplace mean that offshoring elements of the business overseas is a growing trend. A recent survey of 500 finance and HR leaders in the USA suggested that the number of jobs moved offshore will double in three years. Similar predictions from forecasters claim that this number will rise by 40 per cent annually for the next five years. In financial terms, the long‐term prediction is that by 2020 3.3 million jobs in servicing will have moved into offshore markets from the USA alone, which accounts for $136 billion in wages.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.

Citation

(2005), "The offshoring craze: What to think about before you jump", Human Resource Management International Digest, Vol. 13 No. 3, pp. 36-38. https://doi.org/10.1108/09670730510595049