GLOBAL MARKET 4
The employment growth in countries such as India is inevitable mainly due to the globalization that allows some international countries to exploit their high growth opportunities. It is a result of the low labor cost, growing economy, a stable GDP growth rate and the increasing disposable income presented by countries such as India. This particular aspect relates to the exhibit of Palmisano as it seeks to demonstrate that the act of deploying assets such as human resources across the globe helps to ensure market expansion as well as the growth of investment opportunities.
No, the IBM offer is not typical to that provided to expatriates. It does not only work towards off-shoring low-cost countries but also expects its employees to fund the offshore personally.
Personally, I find the critical comments made by the [email protected] spokesman asking employees to offshore their citizenship acceptable. The stand is because it seeks to enhance their global market opportunities.
The numbers of Indian cities like Delhi and Mumbai compared to those of U.S cities like Chicago, L.A and New York is because of their increased population growth. However, while the population growth in the United States cities such as L.A and Chicago are viewed as a liability, they are more of an asset in Indian cities such as Delhi and Mumbai. The rise is due to their ability to foster cheap labor and investment opportunities.
The people who seem to enjoy working in India are immigrants from other countries and youth who have no families. According to Thibodeau (2009), it is unlikely for some of American citizens to agree to work overseas because the project primarily matches young people without families or mortgages. Although the move by IBM is unusual, it provides individuals with an opportunity to retain their jobs. Yes, I do believe that this is likely to happen due to the advancement of technology that fosters the concept of globalization.
Thibodeau,P. (2009). IBM offers to shift workers losing jobs to lower-wagecountries. Retrievedfromhttp://www.computerworld.com/s/article/9136360/IBM_union_Layoffs_could_hit_16_000_by_year_s_end?taxonomyId=1