Sallow
The Big Bad Wolf.
- Thread starter
- #101
Interesting. My customers are large corporations. I too shared our intention to build in India with these partners. Not a problem. But I get your point. If the bottom line was negatively effected by an overseas operation, this would considered in the cost analysis by any reasonable manager. Yet, we keep building overseas. It would appear the the negative feedback is outweighed by the onerous costs, taxes and regulations in the US.
See a pattern here?
Oh, and grow up.
This is the thing about "wealth" extractors. They think very short term..as in "What's in it for me". They do so regardless of the long term consequences.
Think about it.
You are giving work to people who are highly educated and are working for pennies on the dollar.
What do you think is going to happen in the short term and in the long term?
Short term I can see:
-Resentment over higher paid counter parts overseas.
-Malfeasance or corruption in the work place.
-Overall poor performance.
Note: I've really seen these things in real life.
Long term I see:
-American counterparts opting to go into other lines of work.
-An overall "Brain Drain".
Note: And I am seeing this occur as we speak.
If you think it's a good thing to relocate overseas for some short term profit..so be it.
But in the long run..it's going to bite hard.
Oh and you first.
First, it's not "pennies on the dollar" to them...it's not even dollars, it's rupees, and a damn good living. Secondly, I have done this before and have seen none of your short term consequences. Not a one. Lastly, if "brain drain" is a reality long term, well that would be yet another reason to lower corporate taxes and onerous regulations, wouldn't it? Remember I really wanted to build in the US but that is not financially feasible. If the cost analysis were even close, I'd take the chance and build here. As it stands, it's nowhere in the ballpark. Perhaps we can change that at the ballot box in 2012. We'll see. I would happily locate the next business here if it makes any financial sense to do so.
What exactly do you build?
This is a real world project I was involved in..
http://www.nyse.com/pdfs/Mahwah Migration Arca Options.pdf
Do you like build stuff..then run?
Because industry wide I've heard and seen some pretty nutty stories about working with "talent" in places like India, China and the Philppines.
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