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meganrowe

Waterloo Region's Labour Market Report (2013) - 0 views

www.workforceplanningboard.com/...2013_Labour_Plan-Waterloo.pdf

Waterloo region Employment trends Labour market information labour growth labour decline

shared by meganrowe on 09 Oct 14 - No Cached
  • meganrowe on 09 Oct 14
     
    The Workforce Planning Board of Waterloo Region has created this document to point out population changes, including changes in the working age population, migration changes, and employment changes for each sector in the last year. According to the document, Real Estate, Crop Production and Animal Production are the top 3 growing industries in the Waterloo Region, while Specialty Trade Contractors, Professional, Scientific and Technical Services, and Management of Companies and Enterprises are the 3 most declining sectors. The 2014 report has not yet been released.
jscharrer

The Big Idea: The Age of Hyperspecialization - 1 views

hbr.org/...1

shared by jscharrer on 17 Nov 14 - No Cached
  • The term “hyperspecialization” is not synonymous with outsourcing work to other companies or distributing it to other places (as in offshoring), although it is facilitated by the same technologies. Rather, it means breaking work previously done by one person into more-specialized pieces done by several people.
  • separation often leads to improvements in quality, speed, and cost.
  • consider how much time you personally spend on tasks that don’t draw on your expertise and that you may not even be particularly adept at performing.
  • ...5 more annotations...
  • Quality improves when more of the work that goes into a final product is done by people who are good at it.
  • The improvement is even greater when, as with TopCoder projects, people who are good at work compete with one another to get it.
  • power of the online “open innovation marketplace”
  • another major benefit of hyperspecialization: speed.
  • More generally, hyperspecialization can reduce clock time by assigning related tasks to different people who then accomplish them in parallel rather than serially.
  • jscharrer on 17 Nov 14
     
    The growth of hyperspecialization and new markets such as TopCoder, through which individuals can 'sell' their specialized talents, allow individuals to compete in an increasing "flat" world. Outsourcing if often thought of only in terms of wealthy developed world companies seeking cheaper labour from developing countries, however this article highlights that some outsourcing is done to increase the quality of work, not simply to decrease cost. In an increasing connected world, individuals can 'outsource' the parts of their job that they do not excel in, to other individuals who are specialized in it.
amycloutier

The Future of Outsourcing - Impact on Jobs - keynote speaker - 0 views

www.globalchange.com/outsourcing.htm

shared by amycloutier on 24 Oct 14 - No Cached
  • amycloutier on 24 Oct 14
     
    Written by Patrick Dixon Futurist Keynote Speaker: Posts, Slides, Videos - Future Emerging Markets, BRICS, Strategy Keynotes Growth of India and China, emerging markets threat and opportunities The truth about the speed, scale and unstoppable momentum of business process outsourcing and offshoring. What will be the net impact of outsourcing on American and European economies? What I found interesting was that the speaker/writer points out that the cost savings of outsourcing diminish constantly due to salary inflation, and companies will have to continue to look for cheaper labour (eg Pakistan). My question is what happens to the people and infrastructure created in one country when a company decides to move operation to another cheaper country? Will they be worse-off or better?
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