How do you convince first timers that outsourcing will solve their intractable business problems? Outsourcing community, please help me!
The back story: As most of you know, I live in Las Vegas. Having been one of the biggest beneficiaries of the economic boom, Clark County, the municipality we live in, is paying the price. Big time.
Clark County, for the last three years, has been the per capita foreclosure capital of the U.S. That translates into a revenue shortfall to the state because of precipitously declining property taxes. The state legislature had no choice but to slash all state services… Read the rest
The heavily regulated and IP-driven life sciences industry operates in a state of continual flux. This dynamic nature of the industry throws a diverse mix of powerful challenges and equally promising opportunities at the pharmaceutical executive all the time.
Some of the key challenges facing pharmaceutical companies at the moment are:
- A patent cliff
- Dwindling pipelines and late-stage attritions
- Rising cost of commercialization
- A host of healthcare cost containment measures adopted by regulators and payers across key markets
To offset the revenue loss triggered by major patent expirations, companies have moved towards innovative therapies—often biologics—for niche indications with… Read the rest
As the job situation in America stubbornly refuses to improve, people look for scapegoats. We in the outsourcing world have long been a prime suspect.
Now two professors at M.I.T have just published a book that serves as a beautiful rebuttal when people blame outsourcing for the lost jobs. In their eBook, “Race Against the Machine,” the professors predict more jobs for machines, not people. In other words, it’s automation, stupid!
Erik Brynjolfsson, an economist and director of the M.I.T. Center for Digital Business, and Andrew P. McAfee, associate director and principal research scientist at the center, are experts on… Read the rest
The retail sector is a significant contributor to a country’s economy. In 2010, retail consumption accounted for two-thirds of the U.S. gross domestic product at $4.35 trillion. In the UK, retail sales were over £293 billion, according to the British Retail Consortium.
The retail industry has seen upheaval with the global economic crisis and intensely competitive environment, where margins are slimming down and customer loyalty is constantly fluctuating. It is critical for retailers to obtain insights to decide how much and what merchandize to stock, how to operate, and which customers they should fight to retain so that they can… Read the rest
Recent Comments
“Great interview with a top professional! Shared. Mel, alldayPA ”
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