Haunted by Globalization…
One of the things that I enjoy about blogging and my travels is it gives me a wonderful opportunity to pick up data points that otherwise would be lost in the noise of daily routine…the best moment of all is when one discerns a pattern amidst the din of news and the burden of information overload.
One such moment happened recently…starting with this story in the International Herald Tribune on Tuesday (3rd April): “India outsourcing moves to front office”.
Anand Giridharadas wrote in the report how “quietly, but steadily” the received wisdom about the non-offshorability (for want of a better word) of “high-end careers requiring graduate degrees and commanding six-figure salaries” was being challenged by recent developments in India.
Amongst other things, he noted how “The pool of jobs once thought to be impossible to outsource is gradually evaporating” and how “investment banks like Morgan Stanley are hiring Indians to analyze U.S. stocks, a job that can pay $200,000 a year or more on Wall Street.”
