What Is Outsourcing?

Some say job migration and outsourcing is political stuff. Some are of the opinion that it creates job, while others feel that it is a result of globalization. I also hear that  outsourcing will destroy the U.S. labor force. Is it true?

Now here is my version of all this:

(1)Job migration is the core competency assessments,
(2)The distribution and segmentation of know-how
(3)Cost management

Except all this it holds nothing.

In this cut-throat competition, companies have prioritized the tasks they should pursue as their core activity and decided that they really don’t need to engage in the whole set of tasks to remain competitive and profitable. This is where outsourcing begins.

The next thing is distribution of  expertise and cost management that inspire outsourcing.

The United States owned a huge relative chunk of IT expertise a few decades ago, but that expertise has become distributed across the globe over the past decade. This is what affects outsourcing decisions on every continent.

Do you agree or disagree with me? Do, let me know.