Group items tagged

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.

This site supports Friedman's three convergences of horizontalization, using new technologies with new ways of doing business, and the world now having access to plug-in and play. The article talks about outsourcing many services (especially within manufacturing) all over the world. In 2012, China was the 18th fastest growing economy in the world, with a real GDP growth rate (constant prices, national currency) of 7.8 percent. Although the figure is its slowest growth since 1999, it is also representative of a maturing economy as it gradually transition from a developing to developed nation.

"The trend toward "people without jobs, jobs without people" poses the single biggest long-term threat to Canadian economic growth, exacerbating Canada's already lagging productivity and innovation, according to one recent report. " Chris Sorensen; March 19, 2013

I chose this article as it suits the idea of trends that can shape the type of field you major in at school and or the type of business you choose to start. The trends help you get an idea if your business will potentially be a success and also if your major will be able to land you a career down the road.

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.

EconomicDevelopment.Org is a hub of economic development news and resources from around the world. As a community of experts, professionals and members of the public, they seek to engage in conversation about issues and ideas surrounding economic development and its impact on people and places around the globe. They have a page specifically for the 'workforce' and trends and issues happening in the world of work. This initiative grew out of a longstanding commitment by Millier Dickinson Blais, a Canadian economic development consulting firm, to contribute to the growth of the economic development profession and generate discussion around issues and developments in the industry. The most comprehensive economic development site *Beyond the flow of news, with information and links to relevant resources *Bringing together leading contributors to share insightful and thought-provoking content *Facilitating exchange and interactions within a community of industry peers

The emergence of e-commerce has tremendously changed the ways of doing business-t-business (B2B) and business-to-consumer (B2C) commerce including timing, transportation patterns, consumer behavior and marketing. The article commodiously focuses on the ideas and global trends of chain business: B2B e-commerce leads the way, Double-digit growth for B2C, Economic behavioral changes and E-commerce influences demand patterns.

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?