Merely Following a Megatrend
Is your job at risk? If it's the type of work that can be done over a wire, then probably yes, says Nandan M. Nilekani, the chief executive of Infosys Technologies.

This is an article from the New York Times (Oct. '05) that I came across while scanning for some research at work. Here is the rest of the article.

My take: The article has a great hook, but it's a little over the top. Truth is that there will always be core competencies that should and must be kept in-house, regardless of if there is a wire involved. Nevertheless, Mr. Nilekani does make an interesting point (although indirectly): the United States is becoming complacent. On a global scale, being a world leader means being innovative, vis-a-vis inventing new ways of doing business. Unfortunately, there exists a disconnect between public opinion and the future of American business*. The remedy for all that ails is education and i'm doing my part here to educate... But let me know if i'm way off.


Oh and for those interested, my favorite Indian outsourcer is currently Wipro. It's cheaper than CTSH (based on forward multiples), it's got a market leading portfolio, ROE is double its competitors, and its growing faster than its competitors. Best of breed if you don't mind me using a cramerism.

*According to Forrester Research 65% of Americans say global trade “mostly hurts” US workers. See Forrester "The Rise Of Globally Adaptive Organizations" by Navi Radjou December 2006

The Authors at 7days.ae must not fear controversy with a title like this.

More Significant than September 11?

"While few doubt the importance of the September 11 terror attacks, analysts say China’s entry into the World Trade Organisation three months later may eventually be seen as having even greater reverberations.

When China joined the WTO on December 11, 2001, it submitted to a universal set of rules, signing off sovereignty it had defended fiercely for millennia, said David Zweig at Hong Kong’s University of Science and Technology. "

Here's the full article

Harvard goes MENA

Another Sign of the times. On November 30th, the Harvard Arab Alumni Association held a Middle Eastern job fair to address the "talent deficit" in the middle east. Too bad I had other obligations. Actually i'm not sure how they would react to a student from |gasp| a state school trying to attend. I guess I shouldn't bash Harvard. After all they do have the most alumni CEOs of any school; that is except one.