flattening the world

If you haven’t read it yet, then check for Thomas L. Friedman’s book “The World Is Flat”. Although it is more about the effects of globalization in today’s world and how the jobs are being shifted towards countries like India and China, it also mentions about IT outsourcing and companies like Infosys, etc. Definitely must read for any IT businessman/enterpreuner.

Here’s part of book description taken from Wikipedia;

“Friedman on a journey to Bangalore, India, realizes that globalization has changed core economic concepts. Due to this discovery, he suggests that the world is “flat” in the sense that the competitive playing fields between industrial and emerging market countries have been leveled. Friedman recounts many examples in which companies in India and China are becoming part of large global complex supply chains. These companies provide service representatives. He recalls seeing American companies such as Dell, AOL, and Microsoft using teleoperators who are paid very low wages.”

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