The 2nd Wave of Job Offshoring

Newsweek: International Editions – MSNBC.com:

It’s not just manufacturing jobs:

“15 years after U.S. and European multinationals started shipping large numbers of manufacturing jobs overseas, experts are saying that the ‘second wave’ of offshoring is at hand—and it promises to be bigger and more disruptive to the U.S. and European job markets than the first. In the years ahead, sizable numbers of skilled, reasonably well-educated middle-income workers in service-sector jobs long considered safe from foreign trade—accounting, law, financial and risk management, health care and information technology, to name a few—could be facing layoffs or serious wage pressure as developing nations perform increasingly sophisticated offshore work. The shift portends a dramatic realignment of wealth over the next couple of generations—valued by the U.S. consultancy McKinsey Co. at ‘hundreds of billions of dollars.'”

Can lean processes or “lean consumption” help save other jobs?

On this topic, I can’t recommend this book strongly enough:

The World is Flat

Please check out my main blog page at www.leanblog.org

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Mark Graban's passion is creating a better, safer, more cost effective healthcare system for patients and better workplaces for all. Mark is a consultant, author, and speaker in the "Lean healthcare" methodology. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. His most recent project is an eBook titled Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also the VP of Improvement & Innovation Services for the technology company KaiNexus.

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