When offshore outsourcing emerged as a significant business trend several years ago, many viewed it as a shrewd, low-cost alternative to investing in larger domestic IT operations. More recently, however, offshore outsourcing has become a complex social, economic and political issue that seems to raise more questions than it answers.
Offshoring, it could be argued, never was intended to benefit people — it’s always been meant to benefit companies. And profitable companies are supposed to benefit economies, which, in turn, support societies. Ever witnessed a board of directors in the U.S. or in the U.K. write a compensation plan that rewards a CEO based on increased employment? It is based on profitability and ROI. Always. In today's capitalist world, profitability is the very definition of success.