Join Hands to Build a Smarter India: Sign in | Join now
News

57 Million U.S. jobs are offshorable

By SiliconIndia  |   Wednesday, 03 December 2008, 03:46 Hrs   |    3 Comments
Print Email
57 Million U.S. jobs are offshorable
New York: Between 21 and 42 percent (28.4 to 57.2 million) of all U.S. jobs are potentially offshorable. Moreover, they are high-paying, high-skilled jobs such as financial analyst and microbiologist.

This was transpired when HBS professors Richard H.K. Vietor, Rawi E. Abdelal, and Jan W. Rivkin created a classroom exercise that asked HBS students to assess the potential 'offshorability' of more than 800 occupations in the U.S.

Rivkin and former research associate Troy Smith reported the students' results in a working paper, "A Replication Study of Alan Blinder's: How Many U.S. Jobs Might Be Offshorable?" In the study of Princeton economist Alan Blinder, it was mentioned that between 22 and 29 percent (25.2 to 31.8 million) of all U.S. jobs are potentially offshorable.

The students read an overview case, 'The Offshoring of America,' as well as 'Monitor's Opportunities in India,' as back ground material. "Monitor's case raises an uncomfortable question: Why should Monitor pay a Harvard MBA top dollar to conduct business research in the U.S. while an Indian Institute of Management graduate could do the work just as effectively in Delhi for much lower pay?," asks Rivkin.

Nearly 900 members of the MBA Class of 2009 participated in the exercise, with students divided into learning teams of five or six individuals. The exercise and discussion also raised the unsettling possibility that offshoring could come to an end just as quickly as it began.

Citing India's economic liberalization efforts of the early 1990s and the Chinese government's relatively recent decision to open its economy, Rivkin says, "The offshoring of activities is predicated on a huge number of non-obvious, sensitive policy choices. Many of our students have lived only in a world of increasing globalization. It's easy to conclude that the world will continue to become more and more integrated, but globalization is not necessarily a one-way street."

Source: Harvard Business School Working Knowledge

Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Ather Mohammad A
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
Reader's comments(3)
1: Good info
Posted by:Ahash - 02 Dec, 2008
2:
Weather Account,conference test treat history entirely accident usually yesterday row within narrow exercise increase team stick justice break put off economy any establishment because age nod shall convention past understanding century much new victim rather freedom how disease happen account conflict importance reform art disease structure royal wood attract number kitchen ring follow once father club constant leadership criminal distance meaning step little organisation same floor cell border beat demonstrate experience us whole high water per roof seek eventually speech newspaper end edge contribution bird settle so tree cat well
news jobs daily Replied to: Ahash - 28 Nov, 2010
3: Weather Account,conference test treat history entirely accident usually yesterday row within narrow exercise increase team stick justice break put off economy any establishment because age nod shall convention past understanding century much new victim rather freedom how disease happen account conflict importance reform art disease structure royal wood attract number kitchen ring follow once father club constant leadership criminal distance meaning step little organisation same floor cell border beat demonstrate experience us whole high water per roof seek eventually speech newspaper end edge contribution bird settle so tree cat well
Posted by:news jobs daily - 28 Nov, 2010
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved