Can Germany Win From Offshoring?

Topics:
Strategic Management Tools
Tags:
Business Operations,
It Operations,
Offshoring,
Outsourcing,
Outsourcing & Subcontracting
Source:
McKinsey & Company

Vendor Registration: required

Overview: European companies have joined the movement to offshore service jobs to low-wage nations. This paper analyzing the impact of offshoring on Germany, suggests that while companies enjoy enormous savings from offshoring, European economies could lose out rather than benefit from the practice unless they undertake structural reforms. This mixed outcome stands in sharp contrast to the impact of offshoring on the United States. Offshoring leads to cost savings, revenue gains, increased exports, repatriated earnings, and the creation of new, higher value-added jobs that generate more wealth for the U.S. than is lost.

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Format: PDF | Size: 387KB | Date: Jul 2004 | Pages: 14

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