{"id":4715,"date":"2009-04-26T16:56:00","date_gmt":"2009-04-26T16:56:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/why-protectionism-is-failing\/"},"modified":"2009-04-26T16:56:00","modified_gmt":"2009-04-26T16:56:00","slug":"why-protectionism-is-failing","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/why-protectionism-is-failing\/","title":{"rendered":"Why protectionism is failing"},"content":{"rendered":"<p><em>With all the recent fuss in the media&#0160;and the global sourcing industry about <\/em><a href=\"http:\/\/www.horsesforsources.com\/2009\/03\/global-business-on-a-knifeedge.html\" target=\"_blank\" rel=\"noopener\"><em>protectionism<\/em><\/a><em> derailing new engagements, I wanted to set the record straight with some brand new survey data and some views into President Obama&#39;s current position, that protectionism is not proving to be as big an impediment behind companies&#39; making outsourcing decisions in the near future as many people have stated.<\/em><\/p>\n<p>To this end, I wanted to share some preliminary data from our <a href=\"http:\/\/www.surveymonkey.com\/s.aspx?sm=aOB_2f9oN47_2bmyprzstpdJqA_3d_3d\" target=\"_blank\" rel=\"noopener\">current survey<\/a> on global sourcing dynamics that tackles the issues preventing companies from making outsourcing decisions this year:\n<\/p>\n<p><!-- pagebreak -->\n<\/p>\n<p style=\"TEXT-ALIGN: center\"><a href=\"http:\/\/www.surveymonkey.com\/s.aspx?sm=aOB_2f9oN47_2bmyprzstpdJqA_3d_3d\" onclick=\"window.open(this.href,&#39;_blank&#39;,&#39;scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=no,left=0,top=0&#39;); return false\"><\/a><\/p>\n<p style=\"TEXT-ALIGN: left\"><a href=\"http:\/\/fersht.typepad.com\/.a\/6a00d8356fb76c69e201156f5e2ed0970c-pi.jpg\" style=\"DISPLAY: inline\"><\/a><\/p>\n<p style=\"TEXT-ALIGN: left\"><a href=\"http:\/\/fersht.typepad.com\/.a\/6a00d8356fb76c69e201156f5e36e0970c-pi.jpg\" style=\"DISPLAY: inline\"><img decoding=\"async\" alt=\"Protectionism\" border=\"0\" class=\"at-xid-6a00d8356fb76c69e201156f5e36e0970c \" src=\"http:\/\/www.horsesforsources.com\/images\/6a00d8356fb76c69e201156f5e36e0970c-800wi.jpg\" title=\"Protectionism\" \/><\/a><\/p>\n<p style=\"TEXT-ALIGN: left\">\n<p style=\"TEXT-ALIGN: left\">Barely 15% of 125 buyers currently surveyed view moving jobs offshore as a very important factor preventing an outsourcing decision this year, while close to half view upfront transformation costs and potential disruption to their organizations very important factors.&#0160;&#0160;As Professor Bob Kennedy <a href=\"http:\/\/www.horsesforsources.com\/2009\/04\/the-politics-of-offshoring.html\" target=\"_blank\" rel=\"noopener\">pointed out<\/a>&#0160;to us recently, there is a growing chasm between political rhetoric and action.&#0160; So while people in media, politics and in other settings, whose jobs are&#0160;unaffected by global sourcing, are publicly voicing their objections, those executives fighting to drive costs out of their businesses and move onto more innovative global delivery models,&#0160;clearly&#0160;have other priorities.&#0160; <\/p>\n<p style=\"TEXT-ALIGN: left\">Clearly, President Obama needs to put together tactical measures&#0160;if he wants to deter buyers&#0160;from using offshore resources, but when you look at his new appointments and current lack of anti-offshoring policy, you start to wonder if he is going to pursue any policies with teeth that will impede offshore outsourcing in the future.&#0160; The following clip from CNN discussed his recent appointments of Diane Farrell, the former Director of McKinsey&#39;s Global Institute, and Jeffrey Immelt, GE&#39;s CEO.&#0160; Both are strong public advocates of a global sourcing model:<span id=\"fck_dom_range_temp_1240778745953_259\"><\/span><\/p>\n<p>\n<object height=\"340\" width=\"560\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/SZBc-JBx-aQ&amp;hl=de&amp;fs=1\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><embed allowfullscreen=\"true\" allowscriptaccess=\"always\" height=\"340\" src=\"http:\/\/www.youtube.com\/v\/SZBc-JBx-aQ&amp;hl=de&amp;fs=1\" type=\"application\/x-shockwave-flash\" width=\"560\" \/><\/object><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With all the recent fuss in the media&#0160;and the global sourcing industry about protectionism derailing new engagements, I wanted to&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"organization":[],"ppma_author":[19],"class_list":["post-4715","post","type-post","status-publish","format-standard","hentry","category-business-process-outsourcing-bpo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - 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