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Recession and Talent Management
Global Services
The currency of business success today is talent, yet rarely do organizations have an overarching talent strategy. When economies turn weak, workforce expenditures may seem nonessential. However, business performance is dependent on talent in all economies

Outsourced Development Growing: Should You Worry?
eWeek
A recent study from Computer Economics from earlier this month highlights that very point. A few things are certain: Some application development is being farmed out; When budgets were done for 2008, your CIO and CFO were feeling cautious about the economy; And, new hiring is fairly flat

Outsourcing Uptick Result of Slow Economy
CIO
Advisory firm TPI, which tracks large outsourcing deals, reported that the number of outsourcing contracts awarded in the first half of the year is the highest it's been in more than 10 years

Demand for BPO Apps to Dive if U.S. Economic Crisis Continues
Computerworld
Currently, most Asia-Pacific countries see a year-on-year increase in contact center infrastructure invesment

Companies See Information Risk as an Afterthought When Outsourcing IT
Web Wire
Despite awareness of the information security risks associated with outsourcing projects and well publicized cases of data loss or theft, many companies still ignore the potential problems until it is too late. That is the warning highlighted by the Information Security Forum (ISF) an independent organization with some 300 major business and public sector members from around the world

Slowing Economy Gives Way to Global Role Reversals
Washington Post
The global slowdown stemming in part from the deepening U.S. financial crisis is hitting the world's richest nations the hardest even as emerging nations, some with once-fragile economies, are proving relatively resilient

NelsonHall BPO Index Identifies Short-term Slowdown in BPO Contract Signings Resulting From Credit Crunch
Market Watch
NelsonHall's BPO Index shows that the BPO market has been impacted by the credit crunch with a decline in contract signings as organizations rethink their business and sourcing strategies

Banking, IT to See Muted Salary Hike of 8 to 12 Percent
Economic Times
The blue-eyed sectors such as banking and financial services, IT, BPO, real estate and auto, which usually steal the show in terms of highest salary hikes, are going to significantly cut down on increments this year

Is Outsourcing Outrageous?
MarketWatch
One of the biggest bogeymen in the current campaign is outsourcing. During the primary fight, Barack Obama and Hillary Clinton pounded the drum about the damage done to American workers by outsourcing and outdid each other in promising to stop it through tax policies and renegotiating trade agreements

Rupee Fall May Not Help IT Companies in Q1
Business Standard
The impact of wage increases in the first quarter; a stagnant global economy; and margin pressure owing to inflation are expected to impact the rupee-term fortunes of Indian IT firms that will declare their quarterly results for the April to June 30 quarter beginning this week

Outsourcing Deals Being Re-evaluated in Weak Economy
Search CIO
IT outsourcing remains steady at most large companies, but the weak dollar and service issues are causing some CIOs to reconsider their decisions. And that's not all--loss of flexibility and control can also be factors

Co.s Moving Out of Outsourcing Business
The Economic Times
Outsourcing vendors could see more and more clients move back customer-service work onshore or in-house, according to the Black Book of Outsourcings latest report

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